The Best Mortgage Lenders in Buckley, WA
Compare verified mortgage lenders serving Buckley, Washington. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Buckley
Featured Mortgage Lenders
Sound Credit Union Mortgage Department
Sound Credit Union
Sound Credit Union is one of the most highly-rated mortgage lenders serving the Buckley area, with exceptional customer satisfaction ratings and deep roots in Pierce County. As a member-owned financial cooperative, they offer competitive rates and personalized service. Their mortgage team specializes in helping buyers throughout the entire home financing process, with particular expertise in VA loans important for military families near Joint Base Lewis-McChord. With multiple branches throughout the region and robust online banking, they provide both local convenience and modern digital services.
Loan Types:
Alpine Mortgage Planning
Alpine Mortgage Planning
Alpine Mortgage Planning is a top-rated local mortgage broker serving Buckley and surrounding Pierce County communities. They consistently receive perfect or near-perfect reviews for their exceptional customer service, attention to detail, and ability to navigate complex loan scenarios. As a brokerage, they work with multiple lenders to find the best rates and terms for each client's unique situation. Their team has extensive experience with all loan types and particularly excels at guiding first-time homebuyers through the mortgage process with clarity and patience.
Loan Types:
Guild Mortgage - Tacoma Branch
Guild Mortgage Company
Guild Mortgage is a nationally recognized lender with strong local presence in the Buckley area through their Tacoma branch. With over six decades of experience, they offer a comprehensive range of mortgage products and have particular expertise in government-backed loans. Their local loan officers understand the unique aspects of the Pierce County housing market and provide personalized service throughout the lending process. Guild is known for their competitive rates, efficient processing, and commitment to helping borrowers achieve homeownership with various specialized loan programs.
Loan Types:
Frequently Asked Questions
Common questions about mortgage lending in Buckley, WA
Are there any special loan programs for first-time homebuyers in Buckley, WA?
Yes, the Washington State Housing Finance Commission (WSHFC) offers several programs, like the Home Advantage and House Key Opportunity down payment assistance loans, which are accessible to Buckley buyers. These programs often feature competitive interest rates and can be combined with down payment assistance of up to 4% of the loan amount. Working with a local lender familiar with these state-wide programs is key to accessing them for a Buckley purchase.
How does Buckley's location near Mount Rainier and in Pierce County affect property insurance requirements for a mortgage?
Lenders will require standard homeowners insurance, but you may face additional requirements or endorsements. Given the rural and forested areas, lenders may scrutinize wildfire risk assessments. Furthermore, depending on the specific property location, you might be required to obtain flood insurance if it's in a designated flood zone, which can be more common near the White River. Your insurance agent should provide a Comprehensive Loss Underwriting Exchange (CLUE) report for the property.
What is the typical down payment needed for a home in Buckley's current market?
While 20% down is ideal to avoid private mortgage insurance (PMI), many buyers in Buckley successfully use conventional loans with 3-5% down or FHA loans with 3.5% down. Given Buckley's more affordable price point compared to the broader Puget Sound region, lower down payment options are very common. Local credit unions, like Gesa or Sound Credit Union, often have competitive first-time buyer programs with low down payment options.
Are USDA loans a viable option for mortgages in Buckley, WA?
Absolutely. Much of Buckley and the surrounding area is eligible for USDA Rural Development loans, which offer 100% financing (no down payment). This is a major advantage for eligible buyers looking in this area. To qualify, the property must be located within a USDA-eligible zone, the household income must meet certain limits, and the home must be the borrower's primary residence.
How do property taxes in Buckley and Pierce County impact my mortgage qualification and payments?
Pierce County property taxes are a significant factor. Your lender will calculate your debt-to-income ratio using the estimated monthly tax payment, which is typically collected as part of your escrow account. Buckley's current combined tax rate is approximately $10-$12 per $1,000 of assessed value. It's important to get an accurate tax estimate for your specific property, as taxes can vary, and higher taxes can affect how much home you can qualify for.
Why Choose a Mortgage Lender in Buckley?
Local Market Knowledge
Lenders who understand Buckley'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 Buckley and get competitive rates on your home loan.