The Best Mortgage Lenders in Washington, NE
Compare verified mortgage lenders serving Washington, Nebraska. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Washington
Featured Mortgage Lenders
Security National Bank Mortgage
Security National Bank
Security National Bank has been serving Nebraska communities for over 55 years with a strong reputation for personalized mortgage services. As a community-focused bank with multiple branches throughout eastern Nebraska, they offer competitive rates and local decision-making. Their mortgage team provides comprehensive guidance through the entire home financing process, from pre-approval to closing, with particular expertise in rural and suburban property financing throughout Washington County and the surrounding areas.
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First National Bank of Omaha Mortgage
First National Bank of Omaha
As one of Nebraska's oldest and most established financial institutions, First National Bank of Omaha has extensive experience serving communities throughout eastern Nebraska, including Washington. They offer a wide range of mortgage products with competitive rates and have built a strong reputation for excellent customer service. Their local mortgage specialists understand the unique aspects of the Nebraska housing market and provide personalized guidance for both purchase and refinance transactions.
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NB Mortgage Services
NB Mortgage Services, Inc.
NB Mortgage Services is a highly-rated independent mortgage broker serving the greater Omaha metropolitan area, including Washington, Nebraska. With nearly two decades of experience, they have built exceptional relationships with multiple lenders to secure the best possible rates and terms for their clients. Their team of experienced mortgage professionals provides personalized service and has particular expertise in navigating complex financing situations, making them an excellent choice for buyers throughout Washington County seeking competitive mortgage solutions.
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Frequently Asked Questions
Common questions about mortgage lending in Washington, NE
What are the current average mortgage rates for homebuyers in Washington, NE, and how do they compare to the national average?
Mortgage rates in Washington, NE, typically align closely with national averages, but local lenders may offer competitive terms. As of recent trends, rates in this region often run slightly below the national average due to the stable, low-risk nature of Nebraska's housing market. It's best to check with local community banks or credit unions in Washington for the most accurate and personalized rate quotes.
Are there any down payment assistance programs specifically for first-time homebuyers in Washington, NE?
Yes, first-time homebuyers in Washington can access the **NIFA Homeownership Loan Program**, a statewide initiative that offers competitive interest rates and down payment assistance. Additionally, the City of Washington or Washington County may have local grant programs or CHIP (Community Housing Improvement Program) funds available. Consulting with a local mortgage lender familiar with these programs is crucial to determine your eligibility.
How does the appraisal process work for a home in a small town like Washington, and are there challenges with finding comparable properties?
Appraising properties in Washington can be challenging due to the limited number of recent sales for comparison, especially for unique or rural properties. Appraisers often look at sales in nearby towns like Blair, Arlington, or Fremont to find suitable "comps." It's important to work with a lender who uses appraisers experienced in the local market to ensure a fair and accurate property valuation.
What types of properties in Washington, NE, might qualify for USDA Rural Development loans?
Nearly all properties in Washington and the surrounding area qualify for USDA Rural Development loans, as Washington County is designated as a rural area by the USDA. This zero-down-payment loan program is an excellent option for eligible low-to-moderate income buyers looking at single-family homes in or just outside the city limits. Your lender can confirm specific property eligibility using the USDA's online mapping tool.
Are property taxes in Washington, NE, typically escrowed into the mortgage payment, and what is the average rate?
Yes, most lenders in Nebraska will require you to escrow property taxes and homeowners insurance into your monthly mortgage payment. Washington County's property tax rates are generally considered moderate for the region. The exact rate depends on the specific school district and other local levies, but you can expect an effective tax rate typically between 1.5% and 2.0% of the assessed value. Your lender will provide a precise estimate during the loan estimate process.
Why Choose a Mortgage Lender in Washington?
Local Market Knowledge
Lenders who understand Washington's housing market can offer better guidance and competitive rates.
Multiple Loan Options
Access to conventional, FHA, VA, USDA, and jumbo loans tailored to your financial situation.
Proven Track Record
Work with lenders who have years of experience and hundreds of satisfied customers in Nebraska.
Ready to Find Your Perfect Mortgage Lender?
Connect with top-rated mortgage professionals in Washington and get competitive rates on your home loan.