Rita Chan - MLO

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

09/06/2026

🔓 Unlock the potential of your home's equity and upgrade your lifestyle .
Want to put your equity to work?
Unlock the potential of your home's equity and upgrade your lifestyle!
Imagine leveraging $100,000 to $200,000 in equity from your current home, locked in at a low mortgage rate, to step into a better property.
The secret? A home equity line of credit!
This approach lets you tap into your home's equity without losing your advantageous interest rate.
Utilize these funds for a down payment on your next home. Meanwhile, by renting out your original house, you can offset the higher mortgage payments due to rising interest rates.
This strategy not only preserves your initial investment but also allows you to enjoy the appreciation of both properties.
In a market where selling and buying seem impractical, here's how you can smartly navigate to a better living situation.


09/04/2026

💎 Buying a home with your partner before marriage?

Buying a home with your partner before marriage?
Here's what you need to know in today's tough economy!
First, know this: married or not, it doesn't change your mortgage eligibility.
But, the catch? You need to consider combined incomes, credit scores, and debts. Think you've got a better credit score?
Think again.
Lenders use the lower middle score – so if one has 720 and the other 680, it's the 680 that counts.
And ownership? It's always 50/50, regardless of who pays what.
Even if one contributes $80,000 and the other just $20,000, ownership doesn't shift. But here’s the real talk: what if you break up?
Discussing this now can save you a massive headache later.

So, should couples buy a home before tying the knot? Drop your thoughts below


08/31/2026

🔝 Here are the top 3 states with the highest median household assets as of 2026
Do you know Washington is one of the highest median household assets as of 2026?
Washington just ranked in the Top 3 nationwide for the highest median household assets, falling right behind Hawaii!
What does this mean for you?
If you already own a home here, congrats—your net worth is sitting on a goldmine.
If you are looking to buy, yes, competition is tough, but you are investing in one of the strongest, most recession-proof markets in the country!

Do you think Washington’s lifestyle matches this massive wealth ranking?
Drop a comment below

08/28/2026

✅Here is how to negotiate when you are buying a home
I’m going to share an insider tip to give you power

If you are searching for a home blindly without getting pre-approved first…

You are shooting yourself in the foot
And losing all your negotiating power…

What you need to do is get pre- approved first
Then go ahead and start your home search

You see, by having your financing lined up…

You are seen as someone who has the capacity to make an offer
With tiger contingency periods
And quicker closing time frames
Making you a strong candidate for a home
With more power to negotiate.

If you want more power when buying your home, follow me for more!


08/27/2026

‼️ Avoid buying a broken home
You see, sometimes sellers know their homes won’t pass a home inspection
So you need to be cautious and aware of the tricks they use

Here are 3 signs that they are hiding issues
Fresh paint
1st, sometimes sellers will paint over problem areas so you don’t see them. Have you and your realtor take note of any fresh paint in the house?

2nd, Decor placed in strange areas
Sneaky sellers can hide problem areas by placing decor or boxes over/around them. Have you and your realtor take note of any weirdly placed decor or furniture?
And make sure not to be afraid to ask the seller to move something that you can’t see behind

3rd, Restricting access
Dishonest sellers will sometimes prevent access to damaged areas. This is a big red flag and you should think twice about buying the home. Share your concerns with your realtor who is there to guide you.

The bottom line is: don't waive inspection!


08/25/2026

⁉️ Thinking your student loans are a home-buying deal breaker?
If you think your student loans is a home-buying deal breaker, Then listen to this: lenders don't sweat your total loan amount; it's your monthly payments that matter.
So,
Don't let student debt myths block your home dreams!


08/23/2026

😮 Over $1 trillion in debt!

There's a financial crisis brewing, and it seems like no one's talking about it. It's not about housing or student loans. It's about credit card debt. Yeah, that plastic in your wallet. We're talking over $1 trillion in debt!

And guess what? It's going to explode with all the summer vacation and back-to-school supplies spending. The kicker? Credit card interest rates are sky-high, sometimes hitting 30% - even if you have a spending. The kicker? Credit card interest rates are sky-high, sometimes hitting 30% - even if you have good credit.

But homeowners, you might just have a sneaky way out. Ever heard of a cash-out refinance loan? It's a trick to pull cash from your home's equity to clear your credit card bills. Sounds too easy, right? You can swap that crazy 20%+ credit card rate for a 6-7% mortgage rate. And the sweet part? This mortgage interest is tax-deductible, unlike your credit card interest.

But here's the controversial bit: is this just a band-aid on a bigger spending problem?
Or a smart hack to get ahead?
If you're curious, hit me up with 'REFI'. Let's chat about it."


08/20/2026

‼️High interest rates should not hold you back from buying a home. Here's why,
With interest rates close to 6% or higher, homes are not selling as fast as they did when they were lower.

Here is a strategy to lower your interest rate: it's called rate buy-down. Instead of asking for a $10,000 price drop, request a $10,000 closing cost credit. You can use this credit to buy down the rate by as much as a full percentage point, which can save you anywhere from $200 to $500 or more per month compared to using that $10k to lower the price, which would probably only save you $80 to $100 per month."

📣 Join free workshop tonight to learn - via my profile link


08/19/2026

⚠️Here are 3 costly mistakes to avoid on your first-time home-buying journey
Stick around because these are easy to fix.

Mistake #1: Ignoring hidden costs. It's like buying a ticket to a concert and then realizing drinks and parking aren't included! We'll dive into those often-overlooked expenses so you're prepared.

Mistake #2: Neglecting the power of pre-approval. It's like embarking on a treasure hunt without a map! Getting pre-approved for a mortgage not only sets your budget but also strengthens your position as a serious buyer.

Mistake #3: Rushing into a purchase without thorough research. It's like diving into a pool without checking if there's water! Take your time, do your homework, and make informed decisions.

📣 Free workshop to learn this Thursday- join via my profile link


08/17/2026

Planning to buy in 2026 and want a low-interest mortgage? Here's how! 🏡🔑

Credit Score Matters: Boost that score for better rates. Pay off debts and keep up with bills. It's game-changing!

Bigger Down Payment: Save more for your down payment. A larger down payment can mean a lower rate. Time to start saving!

Government Programs: Look into government loan programs like FHA or VA loans. They often offer competitive rates, especially for first-time buyers or veterans.

📣 Free workshop to learn next week- join via my profile link
Follow me for more mortgage tips.


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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