Loans and Programs

As the #1 Loan Consultant by Volume for 2017 at HomeStreet Bank, Team Petros provides professional and attentive service while consistently delivering on-time closings. From loans that suit the needs of first-time homebuyers, to financing options for active duty and veterans, to the detail-orientation required in condo or investment property purchases, our goal is to ensure your satisfaction.

Are you looking to buy a home or investment property out of state? Good news! We are licensed in California, Oregon and Washington states.

 
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First-time Buyers

There are many loan programs and grants that cater to first-time homebuyers, especially on the state and local levels. While a person who has never owned a home before certainly counts as a first-time homebuyer, those who have owned a home before may also qualify as first-time buyers under certain circumstances.

 
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FHA Loans

An FHA (Federal Housing Administration) loan can help buyers achieve the dream of homeownership, particularly when combined with down payment assistance programs sponsored by state agencies. Many homebuyers, particularly millennials and first-time buyers, are increasingly using FHA loans to finance their home purchase with just a 3.5% down payment. Team Petros is happy to discuss your eligibility and options.

 
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VA Loans

Team Petros appreciates all active duty and retired veterans for their service for our country. We are prepared to return the professional and attentive service to you with our Veterans Affairs (VA) home loan programs. Advantages include zero down payment, flexible qualification requirements, no need for private mortgage insurance, and the loan closing costs may be lower than other loan types. VA loans offer competitive interest rates and special concessions are available for disabled veterans. 

 
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Condos

One of the biggest challenges faced with condominium financing is that Fannie Mae, FHA and VA loans require special project approvals. However, HomeStreet Bank has a streamlined condo approval process, which means a faster loan approval and closing for you and your purchase! Ready to get started?

 
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HELOC

Interested in borrowing against your home equity for a renovation, or sudden expense? Consider applying for a Home Equity Line of Credit know as a HELOC. Unlike the lump sum paid out by a home equity loan, you can draw from a HELOC whenever you need money quickly. 

 
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Investment Properties

Are you considering buying or refinancing a rental or income property? Count on the expertise of Team Petros, even if the investment property is outside of Washington State. We are licensed in both California and Oregon and can help secure your next investment funding. To date, our team has closed 25 investment purchases and are continuously working on more. We are capable of handling your next investment property loan for the beginner or seasoned investor.

 
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Jumbo Loans

HomeStreet Bank offers a variety of Jumbo loan programs to fit your home purchase needs. You can choose between fixed or adjustable rates depending on your goals. Finding the right loan to fit your Jumbo needs can be challenging. Trust our knowledgeable team to guide you through the process. 

 
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Refinances

Once you own your home, we are here to help you with your ongoing financial needs. Since your home is often your largest financial asset, you may be able to put the equity in your home to work for you. You may be able to shorten the term of your loan by raising your payment a little to reach your goal sooner. Your equity could allow you to obtain some cash for home improvements, an investment, or even to purchase a vacation home. If rates are low, you may be able to lower your payment and improve your cash flow.