Rita Chan - MLO

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Rita Chan - MLO WA Mortgage Advisor | 1st-Time Buyers, Mandarin + Investors | Msg for Complimentary Consult

10/23/2026

⚠️ Down payment assistance sounds good, but...Context matters.

You want to be careful about this when buying a home
So there’s something called Down Payment Assistance
Now this sounds great at face value, but you definitely need context here…
UNLESS it’s a grant or forgivable no-interest loan, these might not a good buy unless it is
an ABSOLUTE last resort.

It’s because this means taking out a second mortgage to cover your down payment.
You are looking at added costs like higher interest rates, extra fees to pay this loan,
among other costs and restrictions; it could also result in lower buying power
So definitely check with your mortgage advisor on this one before doing it.

Follow me for more tips!
📣 Join my FREE online workshop next Tuesday. Link in Bio. 🔗


10/19/2026

✅ 4 things you need to know before you buy a home
Here are 4 things you need to know before you buy a home,

First, get pre-approved to know exactly how much you can afford—this saves time and makes you a stronger buyer.

Second, use a trusted real estate agent. A good agent can guide you, handle negotiations, and simplify the whole process.

Third, explore saving opportunities and strategies. These can help reduce upfront costs and make homeownership more affordable.

Lastly, stay open to different neighborhoods. Expanding your search can help you find more options within your budget.

Follow me for more easy home-buying tips!
📣 Join my FREE online workshop next Tuesday. Link in Bio 🔗


10/13/2026

Think you need more cash to buy in Washington? Ask about these three strategies first. 🏡

For first-time buyers, the money gap is often smaller than it looks:

1. Low-down-payment financing. Some qualified buyers may put down just 3%–5%, not 20%.

2. Seller credits. In some transactions, the seller may help cover eligible closing costs or a rate buydown.

3. Down payment assistance. Depending on your location, income, and qualifications, there may be programs that help with upfront costs.

Each one has trade-offs, and not every option fits every buyer. Before deciding you’re not ready, find out which ones actually apply to you.

📣 Join my FREE online workshop tomorrow! 🔗 Link in bio
👉 Follow me for more first-time homebuyer strategies in WA.

Thinking about buying but not sure where to start? Join my FREE online Smart Homebuyer Workshop and learn how to qualify...
10/09/2026

Thinking about buying but not sure where to start? Join my FREE online Smart Homebuyer Workshop and learn how to qualify and buy with confidence.

What you’ll learn:
✅ What lenders look for (credit, income, savings)
✅ Loan options and programs that suits your needs
✅ The clear home buying process, step by step
✅ Strategies to explore saving opportunities.
No pressure, just clear answers so you can plan your next move. 💜

🔗 Save your spot: link in bio!

#中文貸款 #西雅圖買房

I’m so grateful to share that THE NEXT HOME LOAN: Smart Mortgage Steps for Move-Up Buyers hit #1 in three Amazon catego...
10/08/2026

I’m so grateful to share that THE NEXT HOME LOAN: Smart Mortgage Steps for Move-Up Buyers hit #1 in three Amazon categories:

🏆 #1 in Mortgages
🏆 #1 in Buying & Selling Homes
🏆 #1 in Personal Budgeting

I wrote this book for homeowners who are ready for their next home. Maybe that’s more space, a better school district, a home office, or a home that fits the next chapter of life.

Buying your next home is different from buying your first. You may need to sell and buy at the same time, use your equity wisely, and qualify for a new loan while your current mortgage is still in place.

Inside, I walk you through it step by step:
✅ How much of your equity you can really use
✅ How to set a realistic move-up budget
✅ Whether to sell first or buy first
✅ Bridge loans and managing two mortgages
✅ How to choose the right loan for your next home

Thank you to every client, partner, friend, and reader who supported me on this journey. 💜 You made this possible.

📖 Now available on Amazon. Link in bio!
Thinking about your next move? Send me a DM. I’d love to help you map out your plan.

Real stories. Real results. 💜Every review here comes from a client I had the honor of helping on their journey. Thank yo...
10/07/2026

Real stories. Real results. 💜

Every review here comes from a client I had the honor of helping on their journey. Thank you all for your trust and for taking the time to share your experience. Your kind words truly mean the world to me. 😊

Whether you’re buying your first home, moving up, or growing your real estate portfolio, I’ll be here to guide you every step of the way, with clear answers and a plan that fits you.

📩 DM me or tap the link in bio to start your story.

#中文貸款 #西雅圖買房

09/30/2026

Need a financial boost from the 'Bank of Mom and Dad' for your first home?
Crucial tip: Each parent can gift you up to $19,000 tax-free.
Beyond this, there's a tax implication for them. Now, make sure everyone's on the same page: their help is a gift, not a loan.
Why is this important?
Because a loan can't be used to secure another loan.
Clear communication with your parents and lender is essential from the start.
Your mortgage lender will need a formal declaration that the money is a gift.

So ....


09/27/2026

Think you need 20% down to buy in Washington? Not always. 🏡

Here’s what first-time buyers should know:

1️⃣ 20% isn’t a must. Some buyers may qualify with 3%–5% down, depending on the loan program.

2️⃣ Run the real numbers. On an $800K home, 5% down is $40,000, not $160,000. (Plan for closing costs on top of that.)

3️⃣ Get fully pre-approved before you shop. Your real buying power depends on your income, credit, debt, and cash available.

Less down usually means mortgage insurance and a higher monthly payment, so the right amount depends on your full picture.

👉 Follow me for more first-time homebuyer tips in Washington.
📣Come join my FREE online workshop on Tuesday via the link in my profile!

09/25/2026

⬇️Should you rent or buy? Here’s the quick breakdown:

Renting: It’s like a subscription for living space. You pay monthly, enjoy hassle-free mobility, and no maintenance headaches, but you won’t build equity and rents can rise.

Buying: You’re investing in your slice of the world. Customize as you like, potentially increase your home's value, and build equity with every payment. It’s a significant commitment involving mortgages, taxes, and upkeep.

It's time to decide, If you plan to stay in one place for more than 2.5 years and have reliable source of income, buying might be the better choice.

📣Thinking about investing in your slice of the world? Come join my free online workshop next Tuesday.


09/23/2026

Waiting for “perfect” credit before buying a home in Washington? You might be waiting longer than you need to. 🏡

Here’s the truth for first-time buyers:

✅ You don’t need an 800 credit score. Depending on the loan program, buyers may qualify with scores well below that.

✅ Different loans, different rules. FHA loans can allow lower credit scores than many people expect. Conventional loans may offer better pricing as your score improves.

✅ Your score is only one piece. Income, debt, savings, and credit history all matter together.

Don’t guess based on your credit score alone. Have a lender review your full picture.

👉 Follow me for more first-time homebuyer guidance in Washington.
📣Join my free online workshop next Tuesday via profile link.

Address

5559 S Sossaman Road, Building#1 Ste#101, Mesa
Arizona City, AZ
85212

Opening Hours

Monday 10am - 8pm
Tuesday 10am - 8pm
Wednesday 10am - 8pm
Thursday 10am - 8pm
Friday 10am - 8pm
Saturday 12pm - 4pm
Sunday 12pm - 4pm

Telephone

+13606349993

Website

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