Your Local Mortgage Lender
Located in Spokane Valley, Washington
Personalized Mortgage Experience
Tim Windhorst offers personalized service and loan options you'll love. We shop multiple lenders to find the best rate and product for you, getting you into your dream home faster.
With wholesale interest rates and cutting-edge technology, we make the mortgage process seamless. Trust the experts who focus solely on mortgages. Support your local community and experience elite client service.
Let us help you achieve your homeownership dreams!
The Home Loan Process
Mortgage Pre-Approval
Get pre-approved from one of our Loan Officers to see how much you can afford.
House Shopping
Work with a trusted Real Estate Agent to find a home you would like to move into.
Loan Application
Complete your home loan application to get the lending process started.
Don't take my word for it
Mortgage Programs
Experience the best mortgage experience located in Spokane Valley, Washington.
Home Loan Options
Our experienced mortgage advisors will walk you through the best mortgage loan program that will fit your specific scenario.
Conventional Home Loans.
FHA Home Loans.
USDA Home Loans.
VA Home Loans.
Frequently Asked Questions
How often can I refinance my mortgage?
There is no limit to the number of times you can refinance. However, you must qualify every time you apply and there will be costs associated with closing the loan each time.
Can I buy a home if I do not have money for a down payment?
Yes! There are a number of bond programs that offer low or no down payment financing options.
How do I know which mortgage is right for me?
The key to choosing the right mortgage is to understand the range of options and features available to you, as well as your budget, circumstances, and goals. Our licensed mortgage professionals are here to help you navigate that process. The more you know, the more comfortable and confident you will be choosing the best option for you and your family.
How long will the loan process take?
The Truth in Lending Act (TILA) does not permit a lender to close a loan until at least seven (7) business days have passed from the date your application was received. A typical home loan takes 30 days, as a number of third-party services such as appraisals, title work, and credit are required in conjunction with the mortgage process. Once you familiarize your Loan Officer with the details of your specific loan scenario, they will be able to provide you with a more specific timeline.
Will I qualify for a home loan?
The only way to find out is to speak with a qualified mortgage professional. Our Loan Officers have helped numerous clients who didn’t know if they could qualify to become home owners. We take the time to understand your financial situation and long-term financial goals, and then match you with the loan program that best fits your needs. Your approval for a loan may also largely depend on the price of the home you are financing. Getting pre-qualified prior to beginning your home search can give you an idea of what you may be able to afford.
Why do people refinance their mortgages?
Homeowners typically refinance to save money, either by obtaining a lower interest rate or by reducing the term of their loan. Refinancing is also a way to convert an adjustable loan to a fixed loan or to consolidate debts.
How much money will I have to pay upfront to buy a home?
This question does not have a simple, one-size-fits-all answer. The exact amount will depend on the price of the home you buy as well the type of mortgage financing you choose. Depending on your loan program, your down payment could be as much as 20% of the home’s price or as little as 3%, while some loans require no down payment at all.
Can I get a mortgage after bankruptcy?
You may still qualify for a home loan even if you have experienced a bankruptcy. The best way to find out if you qualify is to talk with a Loan Officer to discuss your options. Be sure to bring all paperwork regarding your bankruptcy so your Loan Officer can find the program that best fits your situation.
Should I lock my interest rate now, or wait until we are closer to our closing?
Interest rates fluctuate all day, every day. If an interest rate is good, it may be in your best interest to lock now. If you wait, you run the risk of an increase in rates later. If you are concerned that rates may go down after you lock, contact your Loan Officer to discuss your options. Some programs allow you to lock for an extended period and choose to lower your rate should a better one become available.
Most Recent Blog Updates
What the Spokane Real Estate Market Is Actually Doing Right Now and What It Means for Buyers and Sellers
The Spokane Market Update That Goes Beyond the Headline Number
Tim Windhorst wants buyers and sellers in Spokane and North Idaho to understand what the current data is actually saying rather than relying on national headlines that do not reflect what is happening in their specific market. Here is what the numbers look like right now.
What the Inventory Data Shows
Spokane has approximately 3,100 active listings in the latest data Tim is tracking. That represents an increase of roughly fourteen percent compared to a year ago. More inventory means more choices for buyers and more competition for sellers which changes the dynamics of every transaction in meaningful ways.
Homes are still moving. The median time on market is running around nineteen days which reflects real ongoing demand from buyers who are active and making decisions. But there is a significant split within that number that the median alone does not capture.
More than a third of active listings are sitting past sixty days. That segment of the market is telling a different story than the median suggests. The homes that are moving quickly are the ones priced correctly and presented well. The homes accumulating days on market are the ones that missed on price, condition, or both and are now in a progressively weaker negotiating position as time passes.
What This Means for Buyers Right Now
Buyers in Spokane have more choices and more room to negotiate than they have had in quite a few years. The combination of increased inventory and a meaningful percentage of listings sitting past sixty days creates genuine leverage for buyers who are prepared and working with a team that understands how to use it.
A seller with a listing that has been sitting for two months is in a meaningfully different conversation than a seller who listed last week. Understanding which category a property falls into and how to structure an offer that reflects that reality is part of what separates buyers who capture value from those who overpay for the same home.
What This Means for Sellers Right Now
Pricing it right the first time matters more than ever in the current Spokane market. The data makes this clear. The homes that are moving in nineteen days are priced to reflect what buyers in this market are actually willing to pay. The homes sitting past sixty days are not and they are taking price cuts from a progressively weaker position as market time accumulates.
Every neighborhood in Spokane plays by slightly different rules. The headline inventory and days on market numbers describe conditions across the entire market and the picture in your specific neighborhood may look meaningfully different from the average.
What to Do Next
If you want to walk through what this market data means for your specific buying or selling situation grab fifteen minutes on Tim Windhorst’s calendar. The link is below. No pressure. Just a conversation about what the numbers actually mean for you. Visit timwhomeloans.com/loan-consultation to schedule.
Sources
SpokaneAssociationofRealtors.com
NAR.realtor
MortgageNewsDaily.com
ConsumerFinancialProtectionBureau.gov
Investopedia.com
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