The Best Mortgage Lenders in Kelso, WA
Compare verified mortgage lenders serving Kelso, Washington. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Kelso
Featured Mortgage Lenders
iQ Credit Union
iQ Credit Union
iQ Credit Union stands as one of the most highly-rated mortgage lenders serving the Kelso area with deep roots in Southwest Washington. With over 85 years of community banking experience and exceptional 4.8-star ratings across multiple platforms, iQ offers comprehensive mortgage solutions including specialized programs for first-time homebuyers. Their local branch in nearby Longview provides personalized service and competitive rates, with mortgage experts who understand the unique dynamics of the Kelso-Longview housing market. Members consistently praise their transparent process, responsive communication, and ability to close loans efficiently.
Loan Types:
Summit Funding
Summit Funding, Inc.
Summit Funding operates a highly-rated Vancouver branch that actively serves Kelso homebuyers with exceptional 4.7-star customer ratings. With 26 years of mortgage lending expertise, they offer a comprehensive range of loan products including specialized programs for military families and first-time buyers. Their local loan officers have extensive knowledge of Cowlitz County real estate markets and maintain strong relationships with local real estate professionals. Customers consistently highlight their competitive rates, streamlined application process, and the personalized attention they receive throughout the mortgage journey.
Loan Types:
Mann Mortgage
Mann Mortgage LLC
Mann Mortgage's Longview office provides exceptional mortgage services to Kelso residents with a 4.6-star rating and six decades of lending experience. As a family-owned mortgage company with deep regional roots, they offer personalized service and competitive loan products tailored to Southwest Washington homebuyers. Their local team includes experienced loan officers who understand the specific needs of Kelso's housing market. Customers frequently praise their expertise with various loan types, particularly VA and FHA loans, and their ability to guide borrowers through complex financial situations with professionalism and care.
Loan Types:
Frequently Asked Questions
Common questions about mortgage lending in Kelso, WA
Are there any first-time homebuyer programs specifically for Kelso, WA residents?
Yes, the Washington State Housing Finance Commission (WSHFC) offers several programs, like the Home Advantage and House Key Opportunity programs, which provide down payment assistance and competitive interest rates. These are available statewide, including in Kelso, and can be paired with local down payment assistance from the Cowlitz-Wahkiakum Council of Governments for eligible buyers, making homeownership more accessible.
How does Kelso's proximity to the Cowlitz River affect the mortgage process?
Properties in certain flood zones near the Cowlitz River or its tributaries may require a separate flood insurance policy as a condition of the mortgage. Your lender will order a Flood Zone Determination, and if the home is in a Special Flood Hazard Area (SFHA), you must secure flood insurance before closing, which adds to your monthly housing cost.
What are typical down payment requirements for homes in Kelso's current market?
While conventional loans often require 5-20% down, Kelso's relatively affordable market compared to larger metro areas means many buyers successfully use FHA loans with a 3.5% minimum down payment or VA loans with 0% down for eligible veterans. Local lenders are familiar with structuring loans for the area's median price point, which often allows for lower down payments.
Are there local credit unions or banks in Kelso that offer special mortgage terms for residents?
Absolutely. Local institutions like Fibre Federal Credit Union, which is headquartered in Longview/Kelso, often provide competitive mortgage rates and may offer special programs or discounts for members who live or work in Cowlitz County. Building a relationship with a local lender can sometimes provide more flexible underwriting for the area's unique property types.
How do property taxes in Kelso, WA, impact my monthly mortgage payment?
Cowlitz County property taxes, which include city, school, and other district levies, are typically escrowed into your monthly mortgage payment. Kelso's current combined tax rate is approximately $10-$12 per $1,000 of assessed value. Your lender will estimate these taxes during pre-approval, and it's wise to budget for potential increases as home values in the area rise.
Why Choose a Mortgage Lender in Kelso?
Local Market Knowledge
Lenders who understand Kelso'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 Kelso and get competitive rates on your home loan.