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Aberdeen, WA

The Best Mortgage Lenders in Aberdeen, WA

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

3
Top Lenders
4.6
Avg Rating
550+
Reviews
8
Loan Types

Available Loan Programs in Aberdeen

Conventional
FHA
VA
USDA
Jumbo
Refinance
Home Equity
ARM

Featured Mortgage Lenders

1

Harbor Mortgage

Harbor Mortgage Inc.

★★★★☆
4.5/5

Harbor Mortgage is a locally-owned and operated mortgage broker that has been serving Aberdeen and Grays Harbor County for over two decades. They are highly rated for their personalized service, deep local market knowledge, and ability to secure competitive rates for a variety of loan types. Their team provides one-on-one guidance, making them a trusted choice for first-time homebuyers and refinancing clients alike.

Experience:25 years
Reviews:120 customer reviews
205 E Wishkah St, Aberdeen, WA 98520

Loan Types:

ConventionalFHAVAUSDAJumboRefinance
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2

Caliber Home Loans

Caliber Home Loans, Inc.

★★★★☆
4.6/5

Caliber Home Loans is a nationally recognized mortgage lender with a strong regional presence in Washington, including service to Aberdeen. They are praised for their efficient digital mortgage process, competitive rates, and extensive loan options. With numerous industry awards and high customer satisfaction scores, Caliber is known for its reliability and support throughout the home financing journey.

Experience:16 years
Reviews:250 customer reviews
1000 112th Ave NE, Bellevue, WA 98004

Loan Types:

ConventionalFHAVAUSDAJumboRefinanceHome Equity
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3

New American Funding

New American Funding

★★★★☆
4.7/5

New American Funding is a top-rated mortgage lender with a significant footprint in Washington, offering services to Aberdeen residents. They are acclaimed for their commitment to diversity, customer-centric approach, and flexible loan programs. With a reputation for quick closings and expert advice, they have consistently high reviews for making the mortgage process straightforward and accessible.

Experience:21 years
Reviews:180 customer reviews
1001 4th Ave, Seattle, WA 98154

Loan Types:

ConventionalFHAVAUSDAJumboRefinanceARM
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Frequently Asked Questions

Common questions about mortgage lending in Aberdeen, WA

Are there any special mortgage considerations for buying a home in Aberdeen, WA, given its proximity to water and flood zones?

Yes, due to Aberdeen's location at the confluence of the Chehalis and Wishkah Rivers and near Grays Harbor, many properties are in FEMA-designated flood zones. Lenders will typically require flood insurance as a condition of the mortgage, which adds to your monthly costs. It's crucial to review the property's flood certification early in the process.

What first-time homebuyer programs are specifically available for Aberdeen residents?

Aberdeen homebuyers can access the Washington State Housing Finance Commission's (WSHFC) Home Advantage and House Key Opportunity programs, which offer competitive interest rates and down payment assistance. Locally, the Grays Harbor County Community Land Trust may also have affordable homeownership opportunities for income-qualified buyers.

How do local Aberdeen property taxes impact my mortgage payment and qualification?

Grays Harbor County property taxes are a significant component of your monthly escrow payment. While rates can vary, the effective property tax rate in the area is typically around 0.9% to 1.1% of assessed value. Your lender will use the specific tax rate for the property to calculate your debt-to-income ratio, which can affect how much home you qualify for.

Are USDA Rural Development loans a common and viable option for mortgages in Aberdeen, WA?

Absolutely. Most of Aberdeen and the surrounding Grays Harbor area is eligible for USDA Rural Development loans, which offer 100% financing (no down payment). This is a popular program in the local market due to Aberdeen's designation, making homeownership more accessible, especially for buyers with moderate incomes.

How does Aberdeen's housing market, with its mix of historic and newer homes, affect the mortgage appraisal process?

Appraisals in Aberdeen can be challenging due to the diverse housing stock, ranging from historic Craftsman homes to newer constructions. For older homes, lenders may require specific inspections for condition, and comparable sales ("comps") might be less straightforward. Using a local lender familiar with Grays Harbor County appraisers can help streamline this process.

Mortgage Insights

Your Aberdeen Home Loan Guide: Finding the Right Local Expert

Searching for "home loan agents near me" is one of the most critical steps for an Aberdeen homebuyer. In our unique local market, having a mortgage professional who understands Grays Harbor County isn't just convenient—it's a strategic advantage. Aberdeen's housing landscape, with its mix of historic homes, newer developments, and rural properties, presents specific challenges and opportunities that a generic online lender simply won't appreciate.

A local home loan agent based in or familiar with Aberdeen brings invaluable insight to your search. They understand the nuances of appraising a classic Craftsman in the South Aberdeen neighborhood versus a newer build in the Northside. They know which lenders are comfortable with properties that might have older electrical systems or are on septic and well, common in the surrounding areas. This local expertise can mean the difference between a smooth appraisal process and unexpected hurdles. Furthermore, they have established relationships with local real estate agents, title companies, and inspectors, creating a cohesive and efficient homebuying team right here in Grays Harbor.

For Washington State homebuyers, there are excellent regional programs to explore, and a local agent is your key to accessing them. The Washington State Housing Finance Commission (WSHFC) offers several down payment assistance programs and first-time homebuyer loans with favorable terms. Programs like the Home Advantage DPA can provide significant help with your down payment and closing costs. An Aberdeen-based loan officer will know exactly how to navigate these programs and determine your eligibility, ensuring you don't leave any money on the table.

Here is your actionable advice for finding the right agent in Aberdeen:

1. Prioritize Local Presence: Look for agents whose office is in Aberdeen, Hoquiam, or nearby. Ask directly about their experience with transactions specifically within Aberdeen city limits. Do they regularly work with buyers in your price range and desired neighborhoods?

2. Ask About Washington-Specific Programs: In your initial consultation, ask them to outline the WSHFC programs you might qualify for. A knowledgeable agent will be able to explain the benefits of a House Key or Home Advantage loan versus a conventional product.

3. Discuss Property Type Expertise: Mention if you're looking at a historic home, a fixer-upper, or land. Ensure they have successfully closed loans on similar property types in our area and can advise on any potential financing snags.

4. Seek Personal Referrals: Talk to your real estate agent, friends, or colleagues who have recently purchased locally. A trusted referral is often the best path to finding a professional who is responsive, communicative, and knowledgeable about our community.

Your home loan is more than a transaction; it's the foundation for your life in Aberdeen. Taking the time to find a local expert who can guide you through Washington's programs and our specific market dynamics will provide confidence and clarity as you invest in your future here on the Harbor.

Nearby Cities

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Why Choose a Mortgage Lender in Aberdeen?

Local Market Knowledge

Lenders who understand Aberdeen'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 Washington.

Ready to Find Your Perfect Mortgage Lender?

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