Rhonda Porter - Licensed Loan Officer mlo121324

Rhonda Porter - Licensed Loan Officer mlo121324 I help people become homeowners and when it makes sense to refinance or debt help. Contact her today to take the first step towards

I enjoy creating strategies to help people be in a better position for their financial future and educating on all things mortgage with my blog, classes or a conversation. With over two decades of experience in the mortgage industry, Rhonda Porter is a highly respected and trusted Mortgage Consultant. As a Licensed Loan Officer at New American Funding (NMLS #6606), Rhonda has been dedicated to helping individuals and families achieve their dreams of homeownership since April 2000. Rhonda's journey in the real estate industry began even earlier, back in 1986, when she entered the title and escrow field as a doc puller. Over the course of 14 years, she gained invaluable knowledge and expertise working in various roles within the title unit, sales, and eventually as a branch manager. This extensive background in the title and escrow industry has provided Rhonda with a unique perspective that sets her apart in the mortgage industry. One of Rhonda's greatest strengths lies in her unwavering commitment to client satisfaction. She firmly believes that each client should be well-informed and supported throughout every step of the transaction. With a passion for ensuring her clients' happiness from start to finish, Rhonda takes the time to explain complex processes in a way that is easy to understand. Her approachable nature and willingness to address any questions or concerns promptly make her an excellent partner in the home-buying journey. In addition to her day-to-day work as a Mortgage Consultant, Rhonda is actively involved in sharing her knowledge and expertise with others in the industry. She has presented at Mortgage Tech Summit in Denver and served as a returning panelist at the Lusk Center for Real Estate at USC for a class on mortgage origination. Rhonda has also been a panelist at RE Blog World and the Mortgage Girlfriends Mastermind Retreat, showcasing her thought leadership and dedication to professional growth. Rhonda's insights and expertise have gained recognition from esteemed publications and media outlets. She has been interviewed or quoted by reputable sources such as the Associated Press, WSJ Market Watch, NPR, Seattle PI, National Mortgage Professional, Bankrate, CNBC, Seattle Metropolitan Magazine, MSN Real Estate, The Mortgage Coach, New York Times, Inman News, and KOMO TV. Her contributions to the mortgage industry have been honored by her peers as well. Rhonda has been the recipient of prestigious awards, including the 2011, 2012, and 2013 WAMP Leadership Awards. She was recognized as one of the Top 100 - 5 Star Mortgage Professionals by Seattle Magazine in 2010. Inman News named her as Real Estate's Top Influential Online for 2009, and Seattle Weekly awarded her the title of Seattle's Best Tweeting Mortgage Broker in the same year. The Washington Association of Mortgage Professionals acknowledged her exceptional service with the Jim Fitzgerald Distinguished Service Award in 2009. Through her nationally recognized blog, www.mortgageporter.com, Rhonda is dedicated to educating consumers about the mortgage process. She leverages this platform to provide valuable insights, tips, and resources, helping individuals make informed decisions when it comes to their mortgage needs. Specializing in residential mortgages for homes in Washington, Rhonda has expertise in a wide range of loan options, including Conventional, FHA, VA, USDA, and Non-conforming/Jumbos. Her clients benefit from her in-depth knowledge of the local market and her ability to tailor solutions to their specific needs. When working with Rhonda Porter, you can expect exceptional communication, personalized guidance, and a commitment to ensuring a smooth and successful home-buying or refinancing experience. Her dedication to her clients' satisfaction, combined with her extensive industry expertise, makes her an outstanding choice for anyone seeking mortgage advice and assistance. For all your mortgage needs in Washington, trust Rhonda Porter to be your knowledgeable and reliable Mortgage Consultant.

Big update for manufactured home buyers and sellers in Washington: Freddie Mac now allows financing on manufactured home...
09/04/2026

Big update for manufactured home buyers and sellers in Washington: Freddie Mac now allows financing on manufactured homes that have been moved from their original site.

Previously, a relocated manufactured home was generally a dead end for conventional financing. That's changed — with two conditions: the home needs a structural integrity inspection by a licensed engineer or appropriate authority, and it can't be sited in a more restrictive wind, roof load, or thermal zone than it was originally built for.

If you're buying or selling a manufactured home that's been relocated, this opens up a path that largely didn't exist before. Full breakdown posted in comments below!

Big change if you're thinking about keeping your current home as a rental while buying your next one: Fannie Mae just el...
09/03/2026

Big change if you're thinking about keeping your current home as a rental while buying your next one: Fannie Mae just eliminated leases as a way to document rental income on a departing residence. As of September 2026, your lender has to use an appraisal, Form 1007, or market rent comps (Zillow, Redfin, MLS) instead — and if you've got less than 12 months of landlord experience, plan on 6 extra months of reserves.

If you're weighing whether to rent out your Washington home or sell it before your next purchase, this changes the math. I broke down what it means for Fannie Mae, Freddie Mac, FHA, VA, and USDA buyers in my updated post below in comments.

"Every time something came back 'no,' she went and found the actual reason why — then went looking for the lender or pro...
09/03/2026

"Every time something came back 'no,' she went and found the actual reason why — then went looking for the lender or program where it would work instead."

A denial isn't always the end of the story. Guidelines change. Lenders vary. And a "no" from one place doesn't mean "no" everywhere.

Link in comments for what to actually do after a mortgage denial

One of the best compliments I can receive is having a client return to me for their next mortgage. Manufactured homes ca...
09/01/2026

One of the best compliments I can receive is having a client return to me for their next mortgage.

Manufactured homes can be an affordable route to home ownership and FHA offers low down payment options.

I am so thrilled for my clients and their next chapter for their family in their new home.

PS: We even closed 4 days early!

08/31/2026

Mortgage rates held roughly steady again this week. In this week's Mortgage Porter Weekly, I break down Fed Chair Warsh's Jackson Hole speech, what jobs week could mean for rates, and why long-term home appreciation is still worth paying attention to.

Thinking about buying or refinancing your home - or just have questions about mortgages? Let's talk!

08/17/2026

This week's Mortgage Porter Weekly is up!

July's inflation numbers came in cooler than expected — core inflation is now at its lowest annual rate in more than five years. Mortgage rates ticked up slightly week over week, but remain close to where they were a year ago.

Locally, King County's housing market continues to shift toward more balance, with inventory up nearly 20% year over year — good news if you've been waiting for more room to shop and negotiate.

I'm also busting a common myth about reverse mortgages this week — including the truth about who actually owns the home.

Watch the full update and let me know if you have questions about your specific scenario

08/16/2026

🚫"The bank owns your home."
🚫"Your heirs inherit the debt."
🚫"You need great credit to qualify."

There are many misconceptions about reverse mortgages and other financial programs available to help seniors 62 years and older. Check out my latest post to learn more!

Link in comments!

I think it will become tougher to find rentals in Seattle that will allow pets with the legislation.
08/12/2026

I think it will become tougher to find rentals in Seattle that will allow pets with the legislation.

The bill requires landlords to disclose all mandatory and optional fees upfront in home listings or ads. The ordinance will take effect July 1, 2027.

08/10/2026

Last week's jobs report showed the labor market continuing to cool — and mortgage rates ticked slightly better week over week. Here's what's ahead this week, plus what to do if you've been turned down for a mortgage.

Thinking about buying a condo or townhome in Washington? The building matters almost as much as your own finances.Before...
08/05/2026

Thinking about buying a condo or townhome in Washington? The building matters almost as much as your own finances.

Before you write an offer, check the HOA's reserve study, ask about pending litigation, and find out if a special assessment is on the horizon. Rising insurance costs have put real pressure on associations across the Puget Sound region, and underfunded reserves are one of the top reasons a condo purchase runs into financing trouble.

I put together a full guide on what to check, what percent funded a healthy reserve study should show, and how HOA dues factor into your qualifying ratio even though they're not part of your mortgage payment.

Already own a condo and thinking about refinancing? The same HOA review happens again — worth a read either way.

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Seattle, WA

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