derek | Shared With: Everyone - Aug 25 2008 | seattle, news, bus, transportation, metro
Even Highlands fills up, and it's got 5 levels.
- derek | Shared With: Everyone - Sep 20 2006 | metro, seattle, issaquah, bus
Sweet.
Quoted: Metro's Issaquah Highlands Park-and-Ride will now have weekday service to Bellevue, the University District, and Northgate via ST Express 555 and 556.
- derek | Shared With: Everyone - Apr 19 2006 | metro, seattle, environment, mass transit, commuting, news
The express buses from Issaquah have been very popular, good to see even more transit options forthcoming.
Quoted: "The trend is clear. When we offer new bus service it fills with passengers," Sims said. "We are already adding more buses to the new Issaquah Highlands Park-and-Ride that opened in February with 10 new roundtrips to downtown Seattle. Most of the buses on that route are full and more than 600 cars are parked at the new garage that has a 1,000 car capacity.
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Even Highlands fills up, and it's got 5 levels.
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This is a very interesting loan product from BECU and has the potential of being one of the best 1st time mortgages for buyers that qualify.
It is called the "Helper" (HLPR) loan. Basically, it's aimed at 1st time buyers buying their first home, but it should also be useful for people who have already sold their homes and are looking for another.
There are income restrictions, credit restrictions and other guidelines, but this particular HLPR product (there are several others, see BECU's site) purports to have an ARM rate that is about 1% lower than the "going" rate. Based on my experience, their fees are also lower than most of the major banks.
This type of loan is great for someone that is looking at short-term ownership of a property. I spoke with several industry pros and they all believe that BECU is probably not making any money - perhaps even losing money - on this loan, but may be using it to bring borrowers into other BECU products that may be profitable.
BECU has had a reputation of being difficult to work with in the past and very slow to respond. It seems that now, though, they've cleaned up their act. They've got 24-hour mortgage reps and a lot of the process has been stream-lined and placed online. This loan is not for everyone, though, and it may not apply to every purchase. In particular, borrowers may have difficulty obtaining loans on new or conversion condos that are not FNMA approved. I spoke with several BECU reps and their answers were all over the board about this.
More info on the site.
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