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MortgageLenderNearMe
Chehalis, WA

The Best Mortgage Lenders in Chehalis, WA

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

3
Top Lenders
4.8
Avg Rating
650+
Reviews
7
Loan Types

Available Loan Programs in Chehalis

Conventional
FHA
VA
USDA
Jumbo
Refinance
Reverse Mortgages

Featured Mortgage Lenders

1

Fairway Independent Mortgage Corporation

Fairway Independent Mortgage Corporation

★★★★☆
4.9/5

Fairway Independent Mortgage Corporation is a top-rated lender known for its exceptional customer service and competitive rates. With over 28 years of experience, they have a strong presence in the Chehalis area through their Olympia office. They are highly regarded for their fast processing times, high approval rates, and personalized loan options. Their A+ BBB rating and numerous positive reviews highlight their reliability and commitment to client satisfaction, making them a preferred choice for homebuyers in Lewis County.

Experience:28 years
Reviews:200 customer reviews
1200 Cooper Point Rd SW, Olympia, WA 98502

Loan Types:

ConventionalFHAVAUSDAJumboRefinance
Visit Website
2

New American Funding

New American Funding

★★★★☆
4.8/5

New American Funding is a highly reputable mortgage lender with a focus on diverse loan products and community engagement. Serving Chehalis from their Lacey office, they offer competitive rates and specialized programs for first-time homebuyers and underserved communities. With 21 years of experience, they have earned high marks for their transparent processes, educational resources, and responsive customer support. Their strong review scores and industry accolades reflect their dedication to making homeownership accessible and stress-free.

Experience:21 years
Reviews:300 customer reviews
4525 3rd Ave SE, Lacey, WA 98503

Loan Types:

ConventionalFHAVAUSDAJumboReverse MortgagesRefinance
Visit Website
3

Movement Mortgage

Movement Mortgage

★★★★☆
4.7/5

Movement Mortgage stands out for its efficient loan processing and community-centric approach. With 16 years in the industry, they serve Chehalis through their Olympia branch, offering a wide range of mortgage solutions with a emphasis on speed and convenience. They are praised for their local expertise, competitive rates, and commitment to giving back to the community. High customer satisfaction ratings and a track record of successful closings make them a trusted option for borrowers in the region.

Experience:16 years
Reviews:150 customer reviews
1200 Cooper Point Rd SW #210, Olympia, WA 98502

Loan Types:

ConventionalFHAVAUSDAJumboRefinance
Visit Website

Frequently Asked Questions

Common questions about mortgage lending in Chehalis, WA

Are there any down payment assistance programs specifically for homebuyers in Chehalis, WA?

Yes, the Washington State Housing Finance Commission (WSHFC) offers several programs, like the Home Advantage and House Key Opportunity programs, which are available statewide including in Chehalis. These can provide down payment assistance in the form of a second, low-interest loan. Additionally, local credit unions like TwinStar Credit Union often have special first-time homebuyer programs tailored for the Lewis County market.

How does the presence of flood zones in the Chehalis River basin affect the mortgage process?

Properties in designated Special Flood Hazard Areas (SFHAs) in Chehalis will require mandatory flood insurance as a condition of the mortgage loan. Your lender will order a Flood Zone Determination, and if the home is in a high-risk zone, you must purchase a policy through the National Flood Insurance Program (NFIP) before closing. This is a critical and common cost factor for many homes in the Chehalis area.

What are typical mortgage rates offered by local lenders in Chehalis compared to national averages?

Mortgage rates in Chehalis are generally aligned with national averages, but local community banks and credit unions, such as Timberland Bank or Sterling Savings Bank, may sometimes offer competitive promotional rates or relationship discounts. It's highly advisable to get quotes from both local institutions and larger national lenders to find the best combination of rate and service for the South Sound region.

Are USDA Rural Development loans a viable option for buying a home in Chehalis, WA?

Absolutely. Most of Lewis County, including the city of Chehalis, is eligible for USDA Rural Development loans, which offer 100% financing (no down payment). This is a major advantage for eligible buyers with moderate incomes looking in this market. You must purchase a home within the eligible area maps and meet income requirements, which are generous for the Chehalis area.

How do property taxes in Lewis County impact my monthly mortgage payment in Chehalis?

Lewis County's property tax rate is a significant component of your monthly escrow payment. The current combined rate for Chehalis is approximately $10-$12 per $1,000 of assessed value. Your lender will estimate these taxes based on the home's assessed value and include 1/12th of the annual bill in your monthly mortgage payment, so it's a key factor in budgeting for your total housing cost.

Mortgage Insights

Finding Your Perfect Home Mortgage Lender in Chehalis, WA

Searching for "home mortgage lenders near me" is one of the most crucial steps in your Chehalis homebuying journey. It's not just about finding a name on a map; it's about connecting with a financial partner who understands our unique local market and can guide you to the right loan for your dream home. In a community like Chehalis, where the charm of small-town living meets the practicality of being centrally located in Western Washington, having a lender with local expertise makes all the difference.

The Chehalis housing market offers a appealing blend of historic homes, newer developments, and more rural properties with land. A local lender will understand the nuances of appraising these different property types and can navigate any unique characteristics, like older homes in the historic district or properties in floodplain areas near the Chehalis River. They have established relationships with local appraisers and title companies, which can help streamline your closing process right here in Lewis County.

When starting your search, think beyond big national banks. Chehalis and the surrounding Centralia area are home to several strong community banks and credit unions, as well as local branches of regional lenders and independent mortgage brokers. These professionals live and work here; they have a vested interest in seeing our community thrive and often provide a more personalized, responsive experience. Don't hesitate to ask any lender you interview about their recent experience with loans in the 98532 zip code and their familiarity with local condo complexes or subdivision covenants.

As a Washington state homebuyer, you also have access to excellent state-specific programs that a knowledgeable local lender can help you leverage. The Washington State Housing Finance Commission (WSHFC) offers several down payment assistance programs and first-time homebuyer loans with competitive rates. Programs like the Home Advantage Loan can be a game-changer, especially for teachers, firefighters, nurses, and other public servants looking in Chehalis. A lender familiar with these programs can efficiently determine your eligibility and integrate them into your financing package.

Your actionable first step? Make a shortlist of three to four local lenders. This should include at least one credit union (like TwinStar Credit Union, which is deeply rooted here), one community bank, and perhaps a recommended mortgage broker. Schedule brief consultations with each—many can be done over the phone or video call. Come prepared with questions about their recommended loan products, their timeline for closing a loan in Lewis County, and their familiarity with WSHFC programs. Compare not just the estimated rates, but also the fees and, most importantly, the confidence and clarity they provide.

Ultimately, the right "lender near you" in Chehalis is a trusted advisor who demystifies the mortgage process, champions your loan application, and helps you unlock the door to a home in our welcoming community. Taking the time to find that right local partner is an investment that pays off with peace of mind throughout your home purchase.

Nearby Cities

Explore mortgage lenders in cities near Chehalis, WA

Why Choose a Mortgage Lender in Chehalis?

Local Market Knowledge

Lenders who understand Chehalis'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 Chehalis and get competitive rates on your home loan.