The Best Mortgage Lenders in Evans, WA
Compare verified mortgage lenders serving Evans, Washington. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Evans
Featured Mortgage Lenders
Fairway Independent Mortgage Corporation
Fairway Independent Mortgage Corporation
Fairway Independent Mortgage is a top-rated lender with a strong presence in the Spokane area, serving Evans and surrounding communities. Known for exceptional customer service and competitive rates, they have a reputation for streamlining the mortgage process with personalized support. Their team offers a wide range of loan options, including government-backed programs, and is praised for transparency and reliability. With decades of experience and high customer satisfaction scores, they are a trusted choice for homebuyers in rural and urban areas alike.
Loan Types:
Caliber Home Loans
Caliber Home Loans, Inc.
Caliber Home Loans is a highly regarded national lender with a local office in Spokane that actively serves Evans, WA. They are recognized for their efficient processing, flexible loan products, and dedication to customer satisfaction. Caliber emphasizes technology-driven solutions while maintaining a personal touch, making them ideal for both first-time and experienced homebuyers. Their strong ratings and extensive review history highlight consistency in delivering competitive rates and supportive guidance throughout the mortgage journey.
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Movement Mortgage
Movement Mortgage, LLC
Movement Mortgage stands out for its community-focused approach and robust service in the Evans area via its Spokane branch. They offer a comprehensive suite of mortgage products with an emphasis on speed and customer care, often closing loans quickly. Movement is praised for its philanthropic efforts and local engagement, building trust through reliable service and competitive financing options. With high customer ratings and a commitment to integrity, they are a preferred lender for many in Eastern Washington.
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Frequently Asked Questions
Common questions about mortgage lending in Evans, WA
What are the typical down payment requirements for homes in Evans, WA, given its rural setting?
In Evans, a rural unincorporated community, many properties may qualify for USDA Rural Development loans, which offer 100% financing with no down payment required. For conventional loans, down payments typically start at 3-5%, but properties with acreage or unique features may require larger down payments or specialty lending. It's crucial to work with a lender familiar with Stevens County's property types to determine the best program for your specific purchase.
Are there any first-time homebuyer assistance programs specifically available for Evans, WA?
Yes, the Washington State Housing Finance Commission (WSHFC) offers several statewide programs, like the Home Advantage and House Key Opportunity programs, which provide down payment assistance and competitive interest rates. These are accessible to Evans buyers. Additionally, some local credit unions in Stevens County may offer special first-time buyer products or grants, so it's worth checking with institutions like Numerica Credit Union or STCU.
How does the lack of a formal city government in Evans impact the mortgage process, particularly with property taxes and insurance?
As an unincorporated community, Evans is governed by Stevens County. Property taxes are set by the county, and lenders will verify these rates during underwriting. For insurance, you'll need a standard homeowner's policy, but due to the rural nature, lenders may require additional coverage for properties on well water or septic systems. Flood insurance may also be a consideration for properties near the Columbia River.
What should I know about interest rates for a mortgage in Evans compared to larger Washington cities?
Interest rates are primarily set by national markets and your personal credit, not your specific town. However, lenders may consider Evans a "rural" or "remote" area, which could slightly limit your lender options compared to Spokane. To secure the best rate, it's advisable to shop lenders who are experienced with rural properties in Eastern Washington, as they may offer more favorable terms for land or acreage parcels common in Evans.
Are there special mortgage considerations for buying land or a home with acreage in Evans?
Absolutely. Purchasing a property with significant acreage in Evans often requires a "non-conforming" or "jumbo" loan if the loan amount exceeds conventional limits, which can mean stricter requirements. Lenders will also closely scrutinize the property's appraisal, ensuring the land value is properly assessed and that access (like a long private driveway) and utilities (well and septic) are adequate. A portfolio lender or local bank familiar with agricultural or recreational land may be your best option.
Why Choose a Mortgage Lender in Evans?
Local Market Knowledge
Lenders who understand Evans'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 Evans and get competitive rates on your home loan.