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Holiday Business Spotlight: Salmon Bay Community Lending

Dear PhinneyWood readers, as 2019 winds down and turns to 2020, we are taking the time to highlight some of our incredible neighborhood businesses that make PhinneyWood what it is. We will return to regular news and events Monday, January 6.

Dispirited about the livability issues in our city and community?  If so, Kate Knappert at Salmon Bay Community Lending wants to chat with you.  “I want the people who won’t even try to get a mortgage right now who think they can’t afford to live in their own city.”

Salmon Bay was born out of an industry (mortgage brokering), a time (just before the Great Recession), and a person (founder Ruby Grynberg) that came together to produce an intentional antithesis of something that has been vilified in recent years.  As Kate tells it, Ruby was working for a mortgage broker in a time when the culture and practices of that industry were “pretty skeezy.”  Armed with a degree in social work and a love of math, Ruby felt drawn to the work but repelled by the environment.

When she founded Salmon Bay in 2006, it was with the vision of helping their borrowers responsibly achieve their homeownership goals in an environment that feels like home.  To wit, they intentionally moved from a commercial space in Ballard to a craftsman house in the heart of Greenwood because it fit with this ethos: “it feels like home.”

Additionally, they love being in the neighborhood because “Greenwood wants to be a community” and succeeds at this because people and businesses are eager participants.  Salmon Bay itself is a sponsor of the annual Rainbow Hop, and offer assistance in other community ventures such as Make Music Day and the Business Advisory Group, which Kate is a part of.

Kate, who sits on the Business Advisory Group, sums Salmon Bay up best: “We are really focused on our client’s end goals – getting you into your house and letting you sleep at night.”   

Salmon Bay Community Lending
7919 Greenwood Ave N
(206) 789-8629