Renton is a diverse city with a range of neighborhoods to suit different lifestyles and preferences. From the vibrant downtown area with its mix of old and new homes, to the family-friendly suburbs like Fairwood and Cascade, there's something for everyone in Renton. Our mortgage specialists are familiar with the local neighborhoods and can help you find a home that fits your needs and budget.

• Downtown Renton: This historic area is experiencing revitalization, with new shops, restaurants, and housing developments. Homebuyers can find a mix of older homes and newer condos in this vibrant neighborhood.
• Fairwood: A popular choice for families, Fairwood offers a suburban feel with easy access to schools, parks, and amenities.
• Cascade: Another family-friendly neighborhood, Cascade is known for its natural beauty and outdoor recreational opportunities.

At NMHL, we're committed to serving borrowers who may face challenges in the mortgage process. Our range of programs is designed to help underserved borrowers achieve their homeownership goals.

• Bad Credit Mortgage Options: We work with lenders who specialize in mortgage products for borrowers with less-than-perfect credit. Our mortgage specialists can help you identify the best options and guide you through the application process.
• Self-Employed Mortgage Solutions: We understand the unique challenges faced by self-employed borrowers. Our mortgage programs are designed to accommodate non-traditional income documentation.
• Veteran Mortgage Programs: NMHL is proud to offer VA loan options for eligible veterans. These programs offer favorable terms, including lower interest rates and lower or no down payment requirements.

NMHL offers a range of down payment assistance programs to help Renton homebuyers overcome the upfront costs of purchasing a home. Our programs include:

• Washington State Home Loan Program: This program provides down payment assistance and competitive interest rates for eligible borrowers.
• NMHL Down Payment Assistance: Our in-house program can help with down payment and closing costs, making it easier to achieve your homeownership goals.

Our mortgage specialists can help you explore these options and identify the best fit for your financial situation.

As a homeowner in Renton, you'll need to understand how property taxes work and how they'll impact your mortgage payments. In King County, where Renton is located, the average effective property tax rate is around 0.81%. This means that on a $640,000 home, you can expect to pay around $5,184 per year in property taxes.

At NMHL, we can help you understand how property taxes will impact your mortgage payments and overall cost of homeownership. Our mortgage specialists will work with you to ensure you're prepared for the ongoing costs of homeownership.