The Shane McGraw Team - NMLS #90072

The Shane McGraw Team - NMLS #90072 Whether you are buying your first home or want to refinance your current mortgage, Shane and his tea

At Bay Equity, we understand your house is your home—not a loan. We know this because we’ve always been in the business of caring about our customer’s journey, writing our story right alongside yours.

09/04/2026

Fannie Mae Changed Its Condo Review Rules.

If you're planning to buy a condo, there's an important change you should know about.

As of August 3, 2026, Fannie Mae eliminated certain Limited Review options for established condo projects with more than 10 units.

That means more condo loans may require a Full Review of the project.

What does that mean for buyers?

Lenders may need to take a closer look at things like:
-HOA finances
-Reserve funding
-Master insurance
-Delinquent assessments
-Pending litigation

Your finances aren't the only thing being evaluated. The condo project matters, too.

Thinking about buying a condo? Talk with your mortgage professional before making an offer so you understand whether the property is likely to meet financing requirements.

Follow Mortgage Insiders for more homebuying and mortgage updates.

06/29/2026

Military service earned you more than a thank you, it earned you one of the most powerful home financing benefits available.

If you've been wondering:
"Can I buy a home with no down payment?"
"How much do I actually need to get started?"
"Is now the right time to buy?"

This workshop is for you.

Join us for From Service to Homeownership: A VA Loan Workshop and learn:
✅ How the VA loan works
✅ Common myths that keep veterans from buying
✅ How to prepare financially
✅ Steps to become a confident homebuyer

Whether you're active duty, a veteran, National Guard, Reserve, or an eligible surviving spouse, this workshop is designed to help you understand your options and build a plan toward homeownership.

🎟️ Reserve your free seat today:
Register Here: https://home.mortgageinsider.io/vahomebuyer

Tag a fellow veteran or military family who should know about this!

06/20/2026

One of the biggest regrets I hear from veterans is:

"I wish I would have learned about my VA loan sooner."

Many military families spend years renting because they assume they need a huge down payment or perfect credit.

The truth is that most people don't need more time.

They need better information.

That's why we're hosting a free VA Homebuyer Workshop for veterans, active-duty military, and their families.

Tuesday, June 30th at 6 PM PST

If homeownership is one of your goals, this workshop could save you months or even years of frustration.

Reserve your seat:
https://home.mortgageinsider.io/vahomebuyer

A lot of people confuse the VA’s different departments — but understanding the difference matters during the VA loan pro...
06/15/2026

A lot of people confuse the VA’s different departments — but understanding the difference matters during the VA loan process.

An Active Duty service member within 6 months of discharge can file a pre-discharge Service Connected Disability (SCD) claim. That disability claim is handled through the VSC (Veteran Service Center)— NOT the RLC (Regional Loan Center).

Here’s why that matters:

✅ The VSC handles disability evaluations, proposed ratings and generally helps Veterans with their Benefits
✅ The RLC handles VA home loan matters and lender guidance

When the VSC issues a proposed memorandum rating, the RLC will then be able to update a Certificate of Eligibility to show the borrower as Funding Fee Exempt, a lender may be able to close the VA loan with no VA funding fee due.

However…

⚠️ The proposed memorandum rating generally cannot be used yet as qualifying disability income for the VA loan.

Why?

Because the wording on proposed ratings is often broad, conditional, or preliminary. Most lenders will require the **final VA award letter** showing the official compensation amount before disability income can be counted for qualification purposes.

So while:

* ✅ A proposed rating may help eliminate the funding fee
* ❌ It usually does NOT yet establish usable income

Understanding the difference between the VSC and the RLC — and between a proposed rating and a final award — can help military families avoid confusion during the homebuying process and potential disaster with a lender that has made too many assumptions up front.

Send me a message today!

You can use your VA loan benefit more than once. Many veterans think it’s a one-time opportunity, but that’s not true.De...
06/10/2026

You can use your VA loan benefit more than once. Many veterans think it’s a one-time opportunity, but that’s not true.

Depending on your eligibility and entitlement, you may be able to use your VA loan again to buy another home in the future.

Understanding your VA benefits could save you thousands and help you make smarter real estate decisions.

If you want to know more about your VA loan eligibility, send me a message today.

Truly appreciate the review and the trust you placed in me throughout the mortgage process. Grateful to work with amazin...
06/09/2026

Truly appreciate the review and the trust you placed in me throughout the mortgage process. Grateful to work with amazing clients!

Did you know VA lenders must carefully evaluate income for recently activated Reserve and National Guard members?A big m...
06/08/2026

Did you know VA lenders must carefully evaluate income for recently activated Reserve and National Guard members?

A big mistake in lending is assuming temporary activated income can always be used to qualify. VA guidance says lenders must consider whether that income is likely to continue after closing.

Example:
A borrower earns $3,000/month from their civilian job but is currently making $3,500/month while activated on military orders for a 12-month tour. In many cases, the lender should qualify the borrower using the $3,000 civilian income — not the temporary activated income.

Key reminders:
✅ Activated Reserve/National Guard members should provide orders showing the active duty tour does not exceed 12 months
✅ Every case must be individually reviewed — there is NO one-size-fits-all rule
✅ Lenders should evaluate overall employment history, assets, credit profile, and likelihood of stable future income
✅ Thorough documentation in the loan file is critical
✅ The goal is always to provide Veterans their benefit WITHOUT creating financial hardship after closing

VA lending is not just about approving loans — it’s about making sure the Veteran succeeds long term. 🇺🇸

Ready to buy a home or refinance your mortgage? Shane McGraw Team can help you find the perfect loan with the best rate....
06/05/2026

Ready to buy a home or refinance your mortgage? Shane McGraw Team can help you find the perfect loan with the best rate.

We are here for you even on weekends! Call us now!

Address

2819 NW Kitsap Place, Ste. 204
Silverdale, WA
98383

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm

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