NMLS 90494
Lona is a seasoned mortgage expert with over 38 years of experience in the finance industry. She began her career in banking in 1990 and transitioned to the mortgage sector in 1999, specializing in loan origination and processing. Lona’s extensive background in loan product knowledge and strategic negotiation enables her to provide holistic mortgage services tailored to each client’s needs. With a focus on client satisfaction and risk mitigation, she offers unparalleled guidance throughout the loan process, ensuring a seamless journey to homeownership.
Lona has helped me with a refinance transaction and a purchase deal. All I did in both situations was provide Lona a little information and show up for final closing. Easy-Peasy. She is very detail oriented and does all she can to make the process as “painless” as possible. Top notch!
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Whether you’re a first-time homebuyer, looking to trade up, or seeking to refinance, I am here to make your homeownership dreams a reality.
Contact me today to get started on your journey to a new home.
I'm licensed in:
WA, CA, AZ, ID
I specialize in:
First Time & Move Up Buyers
Old School Contact Info
NMLS 90494
Lona’s philosophy is simple: Every client deserves a mortgage experience that is smooth, transparent, and tailored to their needs. She takes pride in building strong, lasting relationships and is always ready to go the extra mile to ensure her clients’ satisfaction. Whether you’re a first-time homebuyer, looking to move up, or seeking to refinance, Lona Beavers is here to guide you every step of the way. Her story is one of passion, dedication, and a true commitment to making your homeownership dreams a reality. Contact Lona today to start your journey towards a new home.
With over 30 unique investors and hundreds of loan options available, we can take you from dream to funded!
If you’re asking this question, you’re not alone—and you’re not behind. Most first-time buyers spend months (sometimes years) stuck in this loop. They watch rates, check home prices, read articles that contradict each other and wait for certainty that never comes. Here’s the truth: the market will never give you
Washington state is one of the most expensive housing markets in the country. The median home price tops $600,000 statewide. In Seattle and King County, it climbs even higher. For most first-time buyers, saving a traditional 20% down payment isn’t realistic—and it isn’t required. Washington has more first-time homebuyer programs
Most first-time buyers wait for a moment that never comes. They’re waiting to feel ready. Waiting for certainty. Waiting for the market to give them a sign. Here’s the truth: readiness isn’t about perfect timing. It’s about having guardrails in place that prevent surprises and regret. If you’re asking yourself
What First-Time Buyers Wish They Knew Before Getting Pre-Approved Pre-approval is the moment most first-time buyers get serious about buying a home. It’s exciting. It makes everything feel real. And if you’re working with the right lender, it doesn’t hurt your credit score at all. But pre-approval is also where
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If you plan to take out a mortgage loan to pay for your home, then you will be making a monthly house payment for the duration of the loan term unless you choose to sell. Understanding this number is a key aspect of figuring out how much house you can afford. There are many factors that will have an effect on the total monthly payment amount that you will be required to pay to own the home.
If you are unable to cover a 20% down payment on a conventional loan, then you will have to pay private mortgage insurance premiums in your monthly payment. Mortgage insurance protects lenders when they take on riskier borrowers. Since you were unable to cover a large enough down payment, the lender charges this extra fee for mortgage insurance as a safety net in case you default. This is not the same thing as homeowner’s insurance, but it is an additional cost in your monthly mortgage payment that needs to be accounted for. You can also expect to pay a monthly mortgage insurance premium or a similar monthly fee on USDA, FHA and VA loans.
Interest rates help determine the total cost of your mortgage loan. Some factors that affect the interest rate you will receive include your credit report, the current real estate market, and the type of loan. As mentioned before, how much of the monthly cost goes toward interest versus the principal can change. If you are borrowing money when the market favors buyers, you can lock in a lower interest rate with a fixed interest rate loan. If you choose an adjustable rate mortgage, your monthly interest rate may fluctuate based on the market, resulting in changing monthly mortgage payments. You could even opt for an interest-only loan where you only pay interest for a few years at the beginning, resulting in a smaller monthly mortgage payment.
There are other factors at play that can have an effect, such as the number of payments, closing costs (attorney fees, real estate agent fees, fees for private lenders, etc), loan type, and debt-to-income ratios.
