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Dayton, OR

The Best Mortgage Lenders in Dayton, OR

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

3
Top Lenders
4.7
Avg Rating
780+
Reviews
9
Loan Types

Available Loan Programs in Dayton

Conventional
FHA
VA
USDA
Jumbo
Construction
Refinance
First-time Homebuyer
Renovation

Featured Mortgage Lenders

1

Rivermark Community Credit Union Mortgage Department

Rivermark Community Credit Union

★★★★☆
4.8/5

Rivermark Community Credit Union is one of Oregon's most highly-rated mortgage lenders with extensive experience serving the entire Willamette Valley region including Dayton. As a not-for-profit financial cooperative, they offer highly competitive rates and personalized service. Their mortgage team specializes in both urban and rural property financing, making them an excellent choice for Dayton's mixed housing market. With outstanding customer satisfaction ratings and comprehensive loan programs including USDA loans perfect for Dayton's location, they provide exceptional value and service.

Experience:70 years
Reviews:385 customer reviews
4502 SE International Way, Portland, OR 97222

Loan Types:

ConventionalFHAVAUSDAJumboConstructionRefinance
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2

Mann Mortgage - McMinnville Office

Mann Mortgage

★★★★☆
4.7/5

Mann Mortgage's McMinnville branch serves the entire Yamhill County area including Dayton with exceptional local expertise. As a regional mortgage lender with deep Oregon roots, they combine the personal service of a local broker with the resources of a larger institution. Their team has particular expertise with rural properties, vineyard estates, and agricultural lending that suits Dayton's character. With consistently high customer satisfaction ratings and competitive rates, they're known for smooth transactions and excellent communication throughout the loan process.

Experience:15 years
Reviews:215 customer reviews
2300 NE Highway 99W, McMinnville, OR 97128

Loan Types:

ConventionalFHAVAUSDAJumboConstructionRefinanceFirst-time Homebuyer
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3

Guild Mortgage - Salem Branch

Guild Mortgage Company

★★★★☆
4.6/5

Guild Mortgage's Salem location actively serves the Mid-Willamette Valley including Dayton residents. With six decades of mortgage lending experience, they offer exceptional stability and expertise. They're particularly strong with government-backed loans including VA and USDA programs that work well for Dayton's housing market. Their local loan officers understand the specific dynamics of Yamhill County real estate and provide personalized service with the backing of a national lender's resources. High customer satisfaction ratings reflect their commitment to making the mortgage process transparent and stress-free.

Experience:60 years
Reviews:180 customer reviews
1123 Commercial Street NE, Salem, OR 97301

Loan Types:

ConventionalFHAVAUSDAJumboRenovationRefinanceFirst-time Homebuyer
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Frequently Asked Questions

Common questions about mortgage lending in Dayton, OR

What are the current mortgage rates like in Dayton, OR, and how do they compare to the state average?

Mortgage rates in Dayton are generally aligned with national and state averages, but local lenders may offer competitive terms due to the area's stable, rural market. As of recent trends, rates in Yamhill County can be slightly more favorable than in larger metro areas like Portland, but it's crucial to shop around with local credit unions and community banks for the best deals. Your specific rate will depend heavily on your credit score and down payment.

Are there any down payment assistance programs specifically for buyers in Dayton, Oregon?

Yes, homebuyers in Dayton can access statewide programs like the Oregon Bond Residential Loan Program (with Oregon Cash Advantage for down payment assistance) and the Portland Housing Center's programs, which serve Yamhill County. These programs offer below-market interest rates and grants for qualified first-time and repeat buyers, with income and purchase price limits that are quite attainable for the Dayton area.

How does the appraisal process work for a home in Dayton, given its mix of historic properties and newer developments?

Appraisals in Dayton require appraisers familiar with the local market's unique composition, from historic homes near the downtown core to newer subdivisions and rural properties. They will use comparable sales ("comps") primarily from within Dayton, nearby communities like Lafayette, and other parts of Yamhill County to determine value, paying close attention to lot size, agricultural influences, and property condition.

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

Yamhill County property taxes are a key component, with rates typically around 1% of assessed value, but can vary. Your escrow payment will also include homeowner's insurance, which may have considerations for older homes or properties with outbuildings. For properties in flood-prone areas near the Willamette River, lenders may require separate flood insurance, impacting your total monthly payment.

As a first-time homebuyer in Dayton, what local lender resources should I consider?

First-time buyers should connect with local institutions like OnPoint Community Credit Union or Rivermark Community Credit Union, which have strong community presence and understanding of Yamhill County. Additionally, utilizing a HUD-approved housing counseling agency in Oregon can provide education on statewide programs perfectly suited for Dayton's market. These lenders often offer first-time buyer workshops and personalized guidance for navigating the rural/small-town purchase process.

Mortgage Insights

Finding Your Perfect Mortgage Partner in Dayton, Oregon

Searching for a "mortgage lender near me" in Dayton, Oregon, is about more than just convenience. It's about finding a financial partner who understands the unique rhythm of our local market and can help you navigate the path to homeownership in this special part of the Willamette Valley. Dayton offers a charming blend of small-town community, historic roots, and proximity to the amenities of the larger metro area, making it a sought-after location. This means being prepared with local expertise is key.

The Dayton housing market, like much of Oregon, can be competitive. Having a lender who is not just a name on a screen but a professional with boots on the ground provides a significant advantage. A local lender understands the appraisal values in our specific neighborhoods, from the historic homes near the downtown plaza to the newer developments. They have established relationships with local realtors, title companies, and inspectors, which can streamline your entire process and help avoid delays—a critical factor when making an offer in a market where timing is everything.

When looking for your mortgage lender, start by asking your local real estate agent for referrals; they see firsthand which lenders deliver smooth closings. Don't just compare interest rates online; have conversations. Ask potential lenders specifically about their experience with properties in Dayton and Yamhill County. Are they familiar with well and septic systems, which are common in the area? Do they understand the nuances of properties that might be in the Dayton Historic District?

As an Oregon homebuyer, you also have access to fantastic state-specific programs that a knowledgeable local lender can help you unlock. The Oregon Bond Residential Loan Program (often called the "Oregon Cash Advantage" program) offers competitive interest rates and down payment assistance for qualified buyers. This can be a game-changer, especially for first-time homebuyers looking at Dayton's price points. A lender based in Oregon will be well-versed in these programs and can guide you on eligibility.

Your actionable first step? Shift your search from a generic "mortgage lender near me" to "community-focused mortgage lender in Yamhill County." Schedule introductory calls with two or three recommended professionals. Come prepared with questions about their local experience, their communication style, and how they've helped buyers with programs like the Oregon Bond loan. Your goal is to find someone who makes you feel confident and informed.

Buying a home in Dayton is about planting roots in a community rich with character. By choosing a mortgage lender who is genuinely local, you're not just securing a loan; you're gaining a guide who will help you confidently cross the threshold into your new Oregon home.

Nearby Cities

Explore mortgage lenders in cities near Dayton, OR

Why Choose a Mortgage Lender in Dayton?

Local Market Knowledge

Lenders who understand Dayton'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 Oregon.

Ready to Find Your Perfect Mortgage Lender?

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