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Lakewood, WA

The Best Mortgage Lenders in Lakewood, WA

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

3
Top Lenders
4.7
Avg Rating
1035+
Reviews
10
Loan Types

Available Loan Programs in Lakewood

Conventional
FHA
VA
Jumbo
Refinance
First-time Homebuyer
USDA
Construction
HELOC
Reverse Mortgages

Featured Mortgage Lenders

1

Sound Credit Union Mortgage Department

Sound Credit Union

★★★★☆
4.8/5

Sound Credit Union is one of the most highly-rated mortgage lenders serving Lakewood directly, with deep roots in the Pierce County community since 1940. They maintain exceptional 4.8-star ratings across multiple review platforms for their personalized service, competitive rates, and extensive experience with VA loans - particularly relevant for the military community near Joint Base Lewis-McChord. Their local mortgage specialists provide in-person consultations and understand the unique aspects of the Lakewood housing market, offering specialized first-time homebuyer programs and streamlined digital mortgage processes.

Experience:85 years
Reviews:350 customer reviews
10416 Bridgeport Way SW, Lakewood, WA 98499

Loan Types:

ConventionalFHAVAJumboRefinanceFirst-time Homebuyer
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2

Harborstone Credit Union Mortgage Team

Harborstone Credit Union

★★★★☆
4.7/5

Harborstone Credit Union has been serving the Lakewood community since 1955 and maintains outstanding 4.7-star ratings for mortgage services. They're particularly noted for their expertise in construction loans and VA lending, with dedicated mortgage consultants who provide comprehensive guidance through the entire home financing process. Their local decision-making and community-focused approach make them a top choice for Lakewood residents, offering competitive rates and flexible terms with the personal service of a community financial institution rather than a large national bank.

Experience:75 years
Reviews:285 customer reviews
6010 100th Street SW, Lakewood, WA 98499

Loan Types:

ConventionalVAFHAUSDAConstructionRefinanceHELOC
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3

Guild Mortgage Company - Lakewood Branch

Guild Mortgage Company

★★★★☆
4.6/5

Guild Mortgage maintains a strong physical presence in Lakewood with a dedicated local branch staffed by experienced mortgage professionals. With over 60 years in business and consistently high ratings, they offer an extensive range of loan products including specialized programs for military families and first-time homebuyers. Their local Lakewood team provides personalized service with the backing of a national lender's resources, offering competitive rates and innovative digital tools while maintaining the community connection that Lakewood homebuyers appreciate.

Experience:63 years
Reviews:400 customer reviews
11013 Bridgeport Way SW, Lakewood, WA 98499

Loan Types:

ConventionalFHAVAUSDAJumboRefinanceReverse Mortgages
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Frequently Asked Questions

Common questions about mortgage lending in Lakewood, WA

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

Yes, Lakewood homebuyers can access the Washington State Housing Finance Commission's (WSHFC) Home Advantage DPA program, which offers down payment assistance up to 4% of the loan amount as a second mortgage. Additionally, the City of Lakewood itself does not currently run its own program, but buyers should also explore the WSHFC's House Key Opportunity program, which is designed for first-time and repeat buyers in targeted areas, potentially including parts of Lakewood.

How does being near Joint Base Lewis-McChord (JBLM) affect mortgage options in Lakewood?

Proximity to JBLM is a major factor, as many Lakewood buyers are active-duty military, veterans, or civilian base employees. This makes VA loans exceptionally common and competitive here. Local lenders are highly experienced with VA guidelines and the specific appraisal considerations for homes near a military base. It's crucial to work with a lender familiar with the unique military-related transactions and potential noise zone disclosures in the area.

What are typical closing costs for a mortgage in Lakewood compared to other parts of Pierce County?

Closing costs in Lakewood are generally aligned with Pierce County averages, typically ranging from 2% to 5% of the home's purchase price. A city-specific cost to note is the Lakewood Utility Tax, which may be prorated and appear on your settlement statement. Title insurance and escrow fees can also vary slightly between local providers, so it's wise to shop around with title companies familiar with the Lakewood market.

Are there specific loan considerations for buying a home in one of Lakewood's many older neighborhoods?

Absolutely. Many Lakewood neighborhoods feature homes built in the mid-20th century. When using an FHA or VA loan, be prepared for stricter appraisal requirements regarding peeling paint, outdated electrical systems (like knob-and-tube wiring), or aging roofs. A conventional loan with a standard appraisal might offer more flexibility for these older properties, but a thorough inspection is always recommended to avoid costly repairs.

How competitive is the mortgage market in Lakewood, and how can I make my offer stronger?

The Lakewood market can be competitive, especially for well-priced homes. Beyond offering a strong price, getting a solid mortgage pre-approval (not just pre-qualification) from a reputable local lender is critical. Sellers favor buyers who use lenders known for closing on time. Consider waiving certain financing contingencies only if you are extremely confident in your approval, and be prepared for potential bidding wars, which may require appraisal gap coverage.

Mortgage Insights

Finding Your Financial Fit: Why a Lakewood Independent Mortgage Broker is Your L

Finding Your Financial Fit: Why a Lakewood Independent Mortgage Broker is Your Local Homebuying Advantage

Searching for an "independent mortgage broker near me" in Lakewood is more than just finding a loan officer; it's about finding a local guide for one of the most significant financial decisions of your life. In our dynamic South Sound housing market, having an advocate who understands the nuances of Lakewood neighborhoods—from the established streets near American Lake to the newer developments off Steilacoom Blvd—can make the critical difference between an accepted offer and a missed opportunity.

An independent mortgage broker in Lakewood doesn't work for a single bank. Instead, they have access to a wide network of lenders, from large national banks to smaller regional credit unions and portfolio lenders. This is a powerful advantage here. Why? Because Lakewood's housing inventory is diverse, featuring everything from classic mid-century ramblers and military family-friendly homes near Joint Base Lewis-McChord (JBLM) to modern townhomes. A broker can match your unique financial picture and the property type with a loan program that fits best, often securing more competitive rates and flexible terms than you might find on your own.

For Washington homebuyers, there are key regional programs your local broker can navigate for you. The Washington State Housing Finance Commission (WSHFC) offers several down payment assistance programs and first-time homebuyer loans with favorable terms. A knowledgeable Lakewood broker will know if you qualify for these and can seamlessly integrate them into your offer, strengthening your position in a competitive market. They also understand the potential for VA loans in our community, given our proximity to JBLM, and can ensure those are processed efficiently.

Your actionable first step? Look for a broker with deep roots in Pierce County. Ask potential brokers: "How many loans did you close in Lakewood last year?" and "Which lenders have you found most responsive for appraisals in the 98498/98499 zip codes?" Their answers will reveal their local expertise. A top-tier local broker will provide insights beyond rates, like which lenders have a reputation for quick closes (crucial in a multiple-offer situation) or which are more forgiving on older septic systems common in some parts of Lakewood.

Start your search by asking for referrals from your local real estate agent—they see brokers in action every day—or look for brokers with strong community presence and client reviews that specifically mention Lakewood. By partnering with a true local independent mortgage broker, you're not just getting a loan; you're gaining a strategic partner who understands the terrain of our market and is committed to finding the right financial path for your new home in Lakewood.

Nearby Cities

Explore mortgage lenders in cities near Lakewood, WA

Why Choose a Mortgage Lender in Lakewood?

Local Market Knowledge

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