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Ocean Park, WA

The Best Mortgage Lenders in Ocean Park, WA

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

3
Top Lenders
4.9
Avg Rating
300+
Reviews
10
Loan Types

Available Loan Programs in Ocean Park

Conventional
FHA
VA
USDA
Jumbo
Refinance
Construction
First-time Homebuyer
Investment
Renovation

Featured Mortgage Lenders

1

Lisa Steen

Steen Mortgage

★★★★★
5/5

Steen Mortgage is a highly-rated local mortgage broker serving the Long Beach Peninsula including Ocean Park. With over two decades of experience, Lisa Steen and her team specialize in coastal property financing and understand the unique needs of Pacific County homeowners. They offer personalized service with competitive rates and have built an exceptional reputation for guiding clients through complex loan scenarios. Their 5.0 rating across multiple review platforms reflects consistent customer satisfaction and deep local market knowledge.

Experience:25 years
Reviews:85 customer reviews
1309 S Roosevelt Dr, Long Beach, WA 98631

Loan Types:

ConventionalFHAVAUSDAJumboRefinanceConstruction
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2

Mike Tupper

Tupper's Home Loans powered by Guild Mortgage

★★★★☆
4.9/5

Mike Tupper operates a highly successful Guild Mortgage branch in Long Beach, serving Ocean Park and the entire peninsula. With hundreds of local transactions completed, his team understands the coastal real estate market intricacies. Guild Mortgage provides extensive loan products while Mike's local presence ensures personalized service. The combination of national lending power with local expertise makes this a top choice for Ocean Park residents, evidenced by their near-perfect 4.9 rating and extensive positive reviews.

Experience:15 years
Reviews:120 customer reviews
1414 S Roosevelt Dr, Long Beach, WA 98631

Loan Types:

ConventionalFHAVAUSDAFirst-time HomebuyerRefinanceInvestment
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3

Peninsula Mortgage Team

iServe Residential Lending

★★★★☆
4.8/5

The Peninsula Mortgage Team based in Ilwaco serves the entire Long Beach Peninsula including Ocean Park with comprehensive mortgage services. As part of iServe Residential Lending, they offer competitive rates and a wide range of loan products while maintaining strong local relationships. Their team understands the specific challenges and opportunities of financing properties in coastal communities and has built a solid reputation for responsive service and successful loan closings. Their 4.8 rating reflects consistent customer satisfaction across the peninsula region.

Experience:12 years
Reviews:95 customer reviews
110 1st Ave N, Ilwaco, WA 98624

Loan Types:

ConventionalFHAVAJumboRenovationRefinanceInvestment
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Frequently Asked Questions

Common questions about mortgage lending in Ocean Park, WA

Are there any special mortgage considerations for buying a home on the Long Beach Peninsula, like in Ocean Park, due to its coastal location?

Yes, properties in Ocean Park often require additional insurance considerations that can impact your mortgage. Lenders will typically require flood insurance, as much of the area is in a FEMA-designated flood zone. Additionally, wind/hazard insurance may be scrutinized due to the coastal environment, so it's wise to get insurance quotes early in the process to accurately estimate your total monthly payment.

What are typical down payment requirements for homes in Ocean Park, and are there local programs to assist with this?

While standard down payments range from 3.5% to 20%, Pacific County offers specific assistance. The **Washington State Housing Finance Commission (WSHFC)** programs are accessible here, and some local lenders may have relationships with the **Peninsula Housing Authority**. These can offer down payment assistance and favorable loan terms, particularly for first-time or low-to-moderate income buyers in the Ocean Park area.

How does the seasonal economy and tourism in Ocean Park affect mortgage qualification for local buyers?

Lenders understand the seasonal nature of tourism and fishing incomes common in Ocean Park. If your income fluctuates, you'll typically need to provide a two-year history of tax returns to show stable annual earnings. They will average your income over 24 months. Strong credit and lower debt-to-income ratios become even more crucial to demonstrate your ability to manage payments during off-season months.

Are USDA rural housing loans available for properties in Ocean Park, WA?

Absolutely. Nearly all of Pacific County, including Ocean Park, is eligible for USDA Rural Development loans, which offer 100% financing (no down payment). This is a major advantage for qualified buyers looking in this area, as it makes homeownership more accessible. You should confirm the specific property eligibility with your lender, but most of the peninsula outside incorporated Long Beach qualifies.

What is the timeline like for closing a mortgage on a home in Ocean Park, and are there local title considerations?

The timeline is typically 30-45 days, but it can be influenced by the local market's pace and the availability of inspectors and appraisers who service the peninsula. A key local consideration is ensuring a thorough title search, as properties in this historic area may have unique easements, covenants, or older platting issues that need to be cleared before closing. Using a local title company familiar with Pacific County records is highly recommended.

Mortgage Insights

Finding Your Guide: Why a Local Mortgage Agent is Key to Buying in Ocean Park

Searching for "mortgage agents near me" is more than just a convenience when you're looking to buy a home in Ocean Park, Washington. It’s a strategic first step toward understanding and navigating our unique coastal market. Ocean Park isn't just any town; it's a blend of year-round community living and a vibrant vacation destination. This dynamic directly impacts everything from home prices and property types to lender requirements, making a local mortgage professional an indispensable partner.

A mortgage agent based in Pacific County or nearby Southwest Washington brings crucial hyper-local knowledge to the table. They understand the nuances of our market, like the value difference between a cabin a few blocks from the beach and a modern home in the village center. They’re familiar with the mix of properties, from classic coastal cottages to newer developments, and can advise on which might have specific financing considerations, such as older homes that may need septic or well inspections that affect loan timelines. Perhaps most importantly, they have established relationships with local appraisers who truly understand what gives a property in Ocean Park its value, which is vital for a smooth loan process.

For Washington homebuyers, there are excellent state-specific programs that a local agent can help you leverage. The Washington State Housing Finance Commission (WSHFC) offers several opportunities, like the Home Advantage Program, which provides competitive interest rates and down payment assistance. These programs can be a game-changer, especially for first-time buyers or those with moderate incomes looking to plant roots in our community. A mortgage agent familiar with these programs can quickly determine your eligibility and guide you through the application, ensuring you don’t miss out on valuable support.

Your actionable plan starts with your search. Look for agents who actively work in Pacific County and can provide recent examples of loans closed in Ocean Park or the Long Beach Peninsula. In your initial conversations, ask pointed questions: "What specific challenges have you seen with loans for properties in Ocean Park?" and "How do you help buyers navigate the WSHFC programs?" A great local agent won’t just process your application; they’ll educate you on the process, prepare you for the ebb and flow of our market, and advocate for you with a deep understanding of our local landscape.

Ultimately, finding the right mortgage agent near you is about securing a guide who knows the local terrain. In Ocean Park, where the sound of the waves is part of the appeal, partnering with a professional who understands both the financial pathways and the unique character of our homes will help you turn your key in the door with confidence.

Nearby Cities

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Why Choose a Mortgage Lender in Ocean Park?

Local Market Knowledge

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