tlombardo@houseloan.com
253-214-7003
Tim Lombardo
Buying a home or exploring a refinance? Connect with Tim to talk through your goals, ask questions, and explore your next steps.
Meet your loan officer
About Tim
Timothy Lombardo truly believes in the value of owning a home. A compassionate, outgoing and dedicated professional, Timothy understands how complex the mortgage process can be. He guides clients through each step of the transaction and proactively updates all parties involved on the loan status. Clients can also rely on him long after closing for trusted home-financing advice and up-to-date industry trends.
Timothy takes a hands-on, comprehensive approach to helping select his clients' home loan programs. "Mortgage loans should never be one size fits all," says Timothy. "I work closely with clients, making sure I fully understand their individual needs and future goals, and then recommend mortgage solutions to help them achieve those objectives."
According to Timothy, Cornerstone Home Lending's stellar customer service model and efficient loan systems were driving factors in his decision to the join the company. Via Cornerstone's real-time pricing engine, Timothy can instantly compare programs from the nation's top investor sources and select only beneficial mortgage solutions for his clients. Cornerstone also offers enhanced services to ensure a smooth, streamlined and on-time loan closing:
Convenient and secure online prequalification
In-house processing, underwriting, closing and funding
Direct access to Fannie Mae, Freddie Mac and FHA/VA loan conduits
A third-generation homebuilder, Timothy built high-end homes for ten years before transitioning to residential mortgage lending. He and his wife are devoted parents to three girls, and they spend as much time as possible cheering their daughters on during their many gymnastics meets. Timothy also stays active training for and competing in triathlons.
What clients say about Tim
The Lombardo Team helped my wife and I buy our first house. We appreciate their transparency and when we had questions they always took the time to talk us through everything. Thank you!!!
Tim and his team were very professional and accessible, working late weekend, to make the purchasing process smooth.
Amazing! Thank you for always being available and answering all of our questions
Tim Lombardo is a fantastic mortgage advisor. His deep knowledge of the industry and ability to get the job done quickly and effectively make him an invaluable resource for my clients. Plus, he's great to work with!
It’s rare to find a Mortgage Broker who feels like a friend. Someone who gets to know you, understands what your goals are and cares deeply for helping you reach those goals. Joe and the entire Lombardo team were with us every step of the way during our home buying process. They were polite, lightning fast with responses, and always there with a friendly check-in asking if we needed anything. I can’t recommend this team enough! Thank you Joe and Team!
Stop looking for a lender and call Cornerstone now! Joe and his team at Cornerstone are the best mortgage team I’ve ever dealt with. Easy to talk to, accessible, intelligent, and creative, you will not be disappointed. I’ve used Cornerstone for my last 3 mortgages and have recommended them to all of my friends.
Cornerstone did my financing for my home a few years ago and did a great job. They followed up on everything and made it very painless and easy. I have called on them numerous times since then for advice on property financing etc, they have provided excellent feedback and direction without any ties. I would highly recommend them to my friends and family.
Best lender in the area. I’ve been fortunate enough to work with Tim and Joe Lombardo consistently over the last 3 years and they are hands down the best loan officers I’ve worked with. They collaborate, have great programs and resources for buyers and are in it for the long run.
Tim and the entire Lombardo team has been amazing to work with. They have helped me with many loans, and more importantly been a crucial advisor when purchasing a home. Tim's experience in construction, and expertise in the mortgage industry is unmatched. The knowledge the Lombardo team brings is unrivaled.
Tim is the best. Made the whole process of buying a new house fun and enjoyable instead of stressing out. I appreicate that he was always there to answer any questions and walk me through the timelines. Highly recommend using Tim Lombardo
Tim and team helped me purchase my beautiful home in Aug 2023. He was very responsive, kind, and helpful. He gave me a wide variety of financing options and visuals to aid in my decision-making. He communicated often and well, and made the process as smooth as possible. Highly recommend!!
Lombardo has handled two mortgages and two refinances on behalf of my family. His knowledge of how/when to move money in the real estate market has helped me generate virtually all of the net worth I have grown in the last fifteen years. If you are reading reviews, you probably are shopping around for your guy. Let me tell you as plainly as I can: Lombardo is your guy. It took a huge leap of faith to hand that man every last dollar I had for my first home. I had to trust that he had worked out a plan that was in my best interest instead of his best interest. Putting my trust in Lombardo was the single best financial choice I ever made for my family. Rents everywhere started to skyrocket, but my mortgage payment stayed the same. I went back to him for refinancing and used the equity to consolidate every last scrap of debt, while also getting a lower monthly payment. Our credit rating crested over 800. When I decided to sell my house, he convinced me to buy a home that was twice as expensive as what I had thought I could afford... and once again I was nervous. Once again, I gave him every last dollar I had to my name. I'm not kidding, I had to tip the movers by buying them lunch with my credit card because my account was at zero. How did it turn out? The home I bought increased 200,000 dollars in value in two years. Then what happened? Oh, I refinanced with Lombardo and my current rate is 2.79% fixed for 30. My home is valued at nearly one million dollars, and I pay less per month than the average two-bedroom apartment in Pierce County. If you haven't called Lombardo yet, maybe you should read that last sentence again. As a side note, it was really fun working with Lombardo. Numbers have a way of getting boring, but he brings such a genuine passion to the process than it feels like your listening to the professor on Netflix's Money Heist discuss his newest plan. I probably won't need any more mortgage help in the near future, but I love sending people his way.
Let’s connect
Contact Tim
Share a little about your plans and how to reach you.
Office locations
Suite 104
Covington, WA 98042
Suite 700
Houston, TX 77027
Office 1
Maple Valley, WA 98038
Suite 227
Eagle, ID 83616
Mortgage insights
Helpful guidance for buying a home, financing your next move, and understanding your mortgage options.
Homebuying FAQs
Purchasing a home enables you to receive tax benefits while building equity that you can cash out in the future. Owning a home also gives you the opportunity to truly personalize your space.
Yes! Prequalifying first can help you save time and effort before you get too far into the process. You will know upfront how much home you can realistically afford. It also lets real estate agents and sellers know that you’re a serious buyer, which can be an advantage when making an offer.
Your lender will consider a number of factors when determining your maximum loan amount. Some of these include your debt-to-income ratio (how much of your monthly gross income goes toward paying debts), cash available for down payment and closing costs, and credit history.
Your loan officer will work with you to determine which loan product benefits you. They will review your current finances and future financial goals. Your loan officer will also consider factors like your target monthly mortgage payment and how long you plan to live in the home.
A fixed-rate mortgage has an interest rate and payment that stay the same over the life of the loan. With an adjustable-rate mortgage, the rate can either increase or decrease, based on market factors. The monthly payment can also go up or down based on the rate adjustment.
A conventional mortgage is a home loan that is not offered or secured by a government entity (like FHA or VA). Conventional mortgages typically conform to the loan limits set by the Federal Housing Finance Administration (FHFA) and are eligible for purchase by Fannie Mae and Freddie Mac (the two government-sponsored enterprises that guarantee the majority of mortgages in the U.S.).
Unlike government loans like FHA, VA, and USDA, conventional loans can be used for more property types (primary residences, second homes, and investment properties). In addition to the popular 30-year fixed conventional loan, there are also more choices for loan structure, including 15-year or 20-year terms and adjustable-rate mortgages.
Ready to find the loan that fits your life?
It starts with a conversation, not a commitment. Connect with Tim today.
