The Best Mortgage Lenders in Kent, OR
Compare verified mortgage lenders serving Kent, Oregon. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Kent
Featured Mortgage Lenders
New American Funding
New American Funding, Inc.
New American Funding is a highly-rated mortgage lender with a strong local presence in Oregon, including service to Kent. They are known for their competitive rates, diverse loan options, and exceptional customer service, with numerous positive reviews highlighting their efficiency and support for first-time homebuyers. Their commitment to community engagement and extensive experience make them a top choice for residential financing in the area.
Loan Types:
Caliber Home Loans
Caliber Home Loans, Inc.
Caliber Home Loans is a nationally recognized mortgage lender with a reliable track record in Oregon, serving Kent and surrounding regions. They offer a wide array of loan products with competitive rates and are praised for their streamlined application process and responsive customer service. Their high ratings and substantial review count reflect consistent customer satisfaction and trustworthiness in the mortgage industry.
Loan Types:
Movement Mortgage
Movement Mortgage, LLC
Movement Mortgage is renowned for its fast and efficient loan processing, along with excellent customer service, making it a top contender for homebuyers in Kent, Oregon. They provide a variety of mortgage options and have built a strong reputation through high customer ratings and community involvement. Their dedication to transparency and support throughout the homebuying journey ensures a positive experience for clients.
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Frequently Asked Questions
Common questions about mortgage lending in Kent, OR
What are the current mortgage rates like in Kent, Oregon, and how do they compare to the state average?
Mortgage rates in Kent, Oregon, are generally aligned with national and state averages, but local lenders may offer competitive terms. As a smaller, rural community in Sherman County, rates can sometimes be slightly higher than in major metro areas due to different market dynamics. It's crucial to compare offers from local credit unions, regional banks, and national lenders to secure the best rate for your situation.
Are there any down payment assistance programs specifically for homebuyers in Kent or Sherman County?
Yes, homebuyers in Kent may access the Oregon Bond Residential Loan Program, which offers competitive interest rates and down payment assistance for first-time and repeat buyers statewide, including in rural areas. Additionally, the USDA Rural Development loan is a key program for Kent, as the area qualifies for 100% financing with no down payment required, making homeownership more accessible.
How does the appraisal process work for a home in a small rural town like Kent, and are there any unique challenges?
Appraisals in Kent can be challenging due to the limited number of recent, comparable home sales ("comps") in the immediate area. Appraisers often need to look at properties in nearby towns like Moro or Wasco, which can affect valuation. Working with a lender experienced in rural Oregon properties is essential, as they understand how to navigate these appraisals effectively.
What type of property insurance considerations are unique to getting a mortgage in Kent, OR?
Given Kent's location in an agricultural region with open spaces, lenders will require standard homeowners insurance, but you may also need to consider additional coverage. Depending on the property's location, coverage for wildfire risk or, for homes on larger lots, liability coverage for land use may be recommended or required by your mortgage lender.
As a first-time homebuyer in Kent, what local lender resources or homebuyer education should I seek out?
First-time buyers in Kent should connect with the Oregon Housing and Community Services (OHCS) network, which offers homebuyer education courses, often available online. Local lenders, such as those based in The Dalles or Pendleton, frequently have advisors familiar with programs like the Oregon First-Time Home Buyer Loan and can provide personalized guidance for navigating the rural market.
Why Choose a Mortgage Lender in Kent?
Local Market Knowledge
Lenders who understand Kent'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 Kent and get competitive rates on your home loan.