Whitney Tjoelker, Real Estate Mortgage Loan Officer NMLS# 929644

03/10/2025

Spring 🌷 🪻 is right around the corner and now is the perfect time to start preparing for the spring housing market. Understanding the home loan process, how to apply and what to avoid are key to a successful and stress-free experience.
Join me at our Everson Branch on March 20 from 5:30 to 7:00pm for my Spring Homebuyer Seminar where we'll cover:
- What goes into the application
- How I evaluate the four parts of the loan package
- Common Pitfalls and how to avoid them
- How to get started

Come away empowered and knowledgeable about the home buying process!

Save your Spot Here: https://brev.is/qQ5oj

10/09/2024

I assist borrowers in qualifying for a mortgage to help them secure their desired home. It is important for future homebuyers to follow these guidelines from the initial thought of purchasing a house until the loan is finalized. If you're thinking about buying a home and you're not following these steps, you may be impacting the amount you qualify for. Reach out today and see what you qualify for.

02/04/2022

What documentation do I need to show my lender to verify my income?

✔️Save this post for later because I’m breaking down some of the basic document needs for the most common types of income used to qualify. 👇

💵If you’re a wage earner and receive a W2 from your employer:

▫️Current paystubs showing year to date income
▫️Most recent ✌🏼years W2s
▫️Using overtime or bonus income for qualifying? We’ll be looking for at least a two year history of receiving this income to use it.

Self Employed?

Here’s what you can be expected to provide:
▪️YTD Profit & Loss Statement and Balance Sheet for your business(es)
▪️Three months business bank statements (all pages) showing business income. Want to eliminate the need for the statements? An Audited P&L from your CPA or accountant can be used instead.
▪️Most recently filed tax returns for the last two years
▪️Using income to qualify from multiple businesses? You’ll want to make sure you have these items for each business with income being used to qualify.

Every file differs, so your loan may require more or less documentation, but if you’re thinking of starting of the process and want to start preparing, this is a good place to start.

Questions? I’m happy to answer them!

09/08/2021

Looking to buy and finance vacant land? You’ll want to 📌save this one for later!

With so many people on the move lately, one of the most frequent questions I get is, do you offer financing for vacant land or lots?

Yes! We do offer financing for lot/vacant land purchases! Here are a few things to keep in mind when searching for that perfect parcel:

✅What are your plans for the land? We offer financing for buyers who are purchasing property with the intent to build a future primary residence.

✅ This is a biggie! The property must be fully serviced with documented access to power, water and septic/sewer. If utilities are not on site, documentation showing the lot is capable of supporting them is required.

✅We offer our lot loans on a 3 or 5 year term with the expectation that the loan will be refinanced into a residential construction loan or paid off by maturity.

✅Lot loans require a higher down payment, usually 25% to 30% of the purchase price is required depending on the property acreage.

✅Keep in mind that the land should be considered residential in nature and suitable for building in the future.

Questions? Every scenario is unique - feel free to contact me for more information.

09/06/2021

The timing on your mortgage refinance can have a huge impact on your savings. This guide will help you determine when and how to do it.

We break down the right — and wrong — reasons you should consider refinancing your home loan

09/02/2021

Wondering what rates for refinances and purchases are looking like? Here's this week's data with scenarios for both new purchase and refinance business. Pricing is still competitive and both buyers and existing homeowners can take advantage of the current environment.

Looking for a customized quote, specific to your needs? Give me a call and I'd be happy to help.

06/16/2021

Did you know that staging your home could increase its selling price by 10%? Use these staging tips to reel in potential buyers.

Getting buyers to fall in love with your house requires more work than you may think.

06/14/2021

At some point, a personal budgetting method can stop working. Here are five reasons why and how to fix your plan that's no longer meeting your financial needs.

At some point, a personal budget can stop working. Here are five reasons why and how to fix a budget that's no longer meeting your financial needs.

05/17/2021

Looking to purchase your first home? Let me know if you're ready to discuss our first-time homebuyer programs!

05/14/2021

Spring is one of the most popular home selling seasons. If you plan to put yours up on the market, use these tips to attract potential buyers.

If you're selling your house, you probably want to move fast. Here are some cosmetic changes that can help you bring the deal to a speedy conclusion.

05/13/2021

Who's ready for this week's Interest Rate Update from Peoples Bank?
Ready or not - here we go!

After seeing some improvement last week, rates are on the rise this week with slight increases seen in pricing for both conventional and government programs (USDA, VA, FHA). The market saw some movement this week, likely due in some part to recent data surrounding inflation and the job's report issued last Friday. Even with the slight increases, we continue to see great pricing for purchase transactions as well as refinances.

Until next week!

05/12/2021

Are you considering moving on from being a renter to become an owner? Compare your options here.

Condos come with many perks, but is buying a condo a good idea for everyone? It really comes down to where you are in life, and what your preferences are.