The Best Mortgage Lenders in Hunters, WA
Compare verified mortgage lenders serving Hunters, Washington. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Hunters
Featured Mortgage Lenders
Travis Bafus
Cornerstone Home Lending
Travis Bafus at Cornerstone Home Lending is one of the most highly-rated mortgage professionals serving Eastern Washington, including rural areas like Hunters. With over two decades of experience, he specializes in rural property financing and has extensive knowledge of USDA loans which are particularly relevant for Hunters properties. His exceptional 4.9-star rating across multiple platforms reflects consistent customer satisfaction, with clients praising his responsiveness, expertise with rural properties, and ability to navigate complex loan scenarios. Cornerstone has been in business since 1988, providing stability and reliability.
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Numerica Credit Union Mortgage Team
Numerica Credit Union
Numerica Credit Union has been serving Eastern Washington communities for over 85 years and is highly regarded for mortgage lending in rural areas including Stevens County where Hunters is located. They offer competitive rates for members and specialize in properties throughout the region. With a 4.8-star average rating from hundreds of reviews, customers consistently praise their local decision-making, personalized service, and expertise with rural property types. Their long-standing community presence and understanding of local market conditions make them an excellent choice for Hunters residents seeking reliable mortgage financing.
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Sterling Savings Bank Mortgage Division
Sterling Savings Bank (a division of Umpqua Bank)
Sterling Savings Bank, now operating as Umpqua Bank, has deep roots in Eastern Washington and specifically serves rural communities like Hunters. With over 65 years of experience in the region, they have extensive expertise with rural property financing, including USDA loans and construction lending. Their 4.7-star rating reflects strong customer satisfaction, with particular praise for their knowledge of rural property requirements and competitive rate offerings. The bank maintains local lending decision-makers who understand the unique aspects of properties in Stevens County and surrounding areas.
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Frequently Asked Questions
Common questions about mortgage lending in Hunters, WA
What are the typical down payment requirements for homes in Hunters, WA, given its rural setting?
For the more affordable homes typical in Hunters, conventional loans often require a 5-20% down payment. However, due to the area's rural designation, many properties may qualify for USDA loans, which offer 100% financing with no down payment required, a significant advantage for eligible buyers in this community.
Are there specific lenders or credit unions in Stevens County that have expertise with Hunters' unique property types?
Yes, local lenders like Numerica Credit Union and STCU (Spokane Teachers Credit Union) are very familiar with the Stevens County market. They have experience with the mix of properties in Hunters, including homes on larger lots, those with wells and septic systems, and even some manufactured homes, ensuring a smoother appraisal and underwriting process.
How does the lack of major city amenities in Hunters affect property appraisal values for a mortgage?
Appraisals in Hunters must use "comps" (comparable sales) from similar rural areas, which can be fewer and farther between than in urban markets. This can sometimes lead to valuation challenges, especially for unique properties. Working with a lender experienced in rural appraisals is crucial to avoid delays.
What first-time homebuyer programs are most accessible for buyers looking in Hunters, WA?
The Washington State Housing Finance Commission's programs, like the Home Advantage Loan with down payment assistance, are available statewide and are a great fit. Additionally, given Hunters' location, the USDA Single Family Housing Guaranteed Loan Program is a top choice for first-time buyers due to its zero-down-payment feature for low-to-moderate income households.
Does living near the Lake Roosevelt National Recreation Area impact mortgage insurance or loan requirements in Hunters?
While the proximity to the recreation area doesn't directly change loan terms, it can influence property insurance requirements. Lenders may require additional flood insurance or specific hazard coverage if the property is in a designated zone, which can affect your total monthly payment. A lender can help you understand any area-specific insurance mandates.
Why Choose a Mortgage Lender in Hunters?
Local Market Knowledge
Lenders who understand Hunters'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 Hunters and get competitive rates on your home loan.