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Washington, OK

The Best Mortgage Lenders in Washington, OK

Compare verified mortgage lenders serving Washington, Oklahoma. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.

3
Top Lenders
4.7
Avg Rating
655+
Reviews
9
Loan Types

Available Loan Programs in Washington

Conventional
FHA
VA
USDA
Jumbo
Construction
Refinance
Renovation
Home Equity

Featured Mortgage Lenders

1

First United Bank Mortgage Team

First United Bank

★★★★☆
4.8/5

First United Bank is one of Oklahoma's most established and highly-rated regional banks with a strong presence throughout central Oklahoma, including service to Washington and surrounding communities. With over a century of operation, they offer comprehensive mortgage solutions including specialized rural and agricultural lending that's particularly relevant for the Washington area. Their local loan officers provide personalized service with deep understanding of the local real estate market, competitive rates, and the stability of a community-focused institution that maintains strong customer satisfaction ratings across multiple review platforms.

Experience:118 years
Reviews:285 customer reviews
201 N Broadway St, Moore, OK 73160

Loan Types:

ConventionalFHAVAUSDAJumboConstructionRefinance
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2

Guild Mortgage Company

Guild Mortgage Company

★★★★☆
4.7/5

Guild Mortgage maintains a strong Oklahoma presence with local offices serving the Washington area through their Oklahoma City branch. As a top-rated national mortgage lender with deep local expertise, they specialize in first-time homebuyer programs and government-backed loans that are popular in rural Oklahoma communities. Their experienced loan officers are particularly skilled with USDA rural development loans that benefit Washington area homebuyers, and they consistently receive high marks for their responsive communication, streamlined process, and competitive rate offerings across multiple review platforms.

Experience:60 years
Reviews:192 customer reviews
13800 N May Ave, Oklahoma City, OK 73134

Loan Types:

ConventionalFHAVAUSDAJumboRenovationRefinance
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3

MidFirst Bank Mortgage Division

MidFirst Bank

★★★★☆
4.6/5

MidFirst Bank is Oklahoma's largest privately-owned bank with extensive mortgage lending operations throughout the state, including reliable service to Washington and surrounding rural communities. They offer a comprehensive range of mortgage products with particular strength in construction lending and renovation loans that suit the Washington area's property types. Their local processing and underwriting teams provide faster turnaround times, and they maintain competitive rates with the stability of a well-capitalized regional institution. Customer reviews consistently praise their knowledgeable staff and efficient loan closing process.

Experience:45 years
Reviews:178 customer reviews
501 N Walker Ave, Oklahoma City, OK 73102

Loan Types:

ConventionalFHAVAUSDAConstructionRefinanceHome Equity
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Frequently Asked Questions

Common questions about mortgage lending in Washington, OK

What are the typical down payment requirements for a mortgage in Washington, OK, given the more rural and affordable market?

In Washington's affordable market, many conventional loans can be secured with a 5% down payment, and FHA loans with just 3.5% down are common. For the area's median home price, this translates to a much lower upfront cash requirement compared to larger cities. Some local lenders may also offer portfolio loans with flexible terms for qualified buyers on rural properties.

Are there any local or state-specific first-time homebuyer programs available in Washington, OK?

Yes, the Oklahoma Housing Finance Agency (OHFA) offers several programs, including down payment assistance grants and affordable first mortgages with competitive rates, which are accessible to buyers in Washington. These programs often have income and purchase price limits, but Washington's market prices typically make it easier for buyers to qualify. It's advisable to work with an OHFA-approved lender in the area.

How does the appraisal process work in Washington, given the mix of rural land and established neighborhoods?

Appraisals in Washington require an appraiser familiar with Grady County's unique market, comparing properties with similar acreage, outbuildings, and home styles, which can range from town homes to larger rural parcels. Challenges can arise if a comparable property ("comp") is many miles away, so using a local lender with established appraiser relationships is key to a smooth and accurate valuation.

What should I know about property taxes and insurance when calculating my monthly mortgage payment in Washington, OK?

Grady County property taxes are relatively low, which helps keep total monthly payments affordable. However, due to the rural nature and distance from fire stations, homeowners insurance—especially if the property includes outbuildings or is on acreage—can be higher than in urban centers. Your lender will help you estimate these escrow items accurately based on the specific property.

Are USDA Rural Development loans a viable option for mortgages in Washington, Oklahoma?

Absolutely. Much of the area around and including Washington is eligible for USDA Rural Development loans, which offer 100% financing (no down payment). This is a highly attractive program for eligible buyers seeking homes in this community, as it directly supports homeownership in designated rural areas. Income eligibility is based on the county median, which many Washington buyers meet.

Mortgage Insights

Finding Your Perfect Mortgage Partner in Washington, OK

Navigating the path to homeownership in Washington, Oklahoma, is an exciting journey. Our small-town charm, strong community spirit, and proximity to larger centers like Norman and Oklahoma City make it a wonderful place to put down roots. But before you pick out your paint colors, there’s a crucial step: securing the right mortgage. While big online lenders might seem convenient, there’s a compelling case for partnering with a local mortgage company right here in Washington or the surrounding Garvin County area.

Why does local expertise matter so much in our market? Washington has a unique housing landscape. You might be looking at a historic home on a large lot, a newer build in a developing subdivision, or a property with some acreage. A local mortgage officer understands the nuances of appraising these different property types in our specific area. They have established relationships with community banks, local appraisers, and title companies, which can streamline the process and potentially avoid delays that an out-of-state lender might encounter. When questions arise about a specific neighborhood or well and septic systems common in rural Oklahoma, they have the on-the-ground knowledge to provide clear answers.

For homebuyers in Washington, here is your actionable plan. First, make a shortlist. Ask trusted local real estate agents, friends, or family for referrals—word-of-mouth is powerful in a close-knit community. Look for companies with a physical office in Garvin County or nearby. Schedule consultations with two or three lenders. Don’t just compare interest rates; compare their understanding of the Washington market and their responsiveness.

Critically, explore Oklahoma-specific programs that local lenders are best equipped to handle. The Oklahoma Housing Finance Agency (OHFA) offers fantastic programs for first-time homebuyers (and in some counties, all buyers) that provide competitive interest rates and down payment assistance. A local mortgage company will know these programs inside and out, including the specific income and purchase price limits for our area, and can expertly guide you through the application. They’re also well-versed in USDA Rural Development loans, which can be a perfect fit for many properties in and around Washington, offering zero-down-payment options for eligible buyers in designated rural areas.

Your takeaway is this: Your mortgage is more than just a loan; it’s a key that unlocks your life in Washington. A local mortgage professional isn’t just a faceless processor; they’re your neighbor and guide. They can offer personalized advice, champion your application, and help you navigate both state programs and the unique character of our local real estate. By choosing a local partner, you’re not just getting a mortgage—you’re investing in a smoother, more informed journey to calling Washington, Oklahoma, home. Start those local conversations today; your future front porch awaits.

Nearby Cities

Explore mortgage lenders in cities near Washington, OK

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 Oklahoma.

Ready to Find Your Perfect Mortgage Lender?

Connect with top-rated mortgage professionals in Washington and get competitive rates on your home loan.