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Port Hadlock, WA

The Best Mortgage Lenders in Port Hadlock, WA

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

3
Top Lenders
4.6
Avg Rating
700+
Reviews
9
Loan Types

Available Loan Programs in Port Hadlock

Conventional
FHA
VA
USDA
Jumbo
Construction
Refinance
ARM
Reverse Mortgages

Featured Mortgage Lenders

1

Sound Community Bank

Sound Community Bank

★★★★☆
4.5/5

Sound Community Bank is a top-rated local bank serving the Olympic Peninsula, including Port Hadlock, for over 20 years. Known for its personalized customer service, competitive mortgage rates, and deep community involvement, it has built a strong reputation for reliability and customer satisfaction. The bank offers a comprehensive range of loan products, including specialized options for first-time homebuyers and veterans, with a focus on transparent processes and local decision-making. Their high ratings and positive reviews highlight their commitment to helping clients navigate the home financing process smoothly.

Experience:20 years
Reviews:150 customer reviews
1044 Water Street, Port Townsend, WA 98368

Loan Types:

ConventionalFHAVAUSDAJumboConstructionRefinance
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2

Caliber Home Loans

Caliber Home Loans Inc.

★★★★☆
4.7/5

Caliber Home Loans is a nationally recognized mortgage lender with a strong local presence in the Port Hadlock area, offering over 16 years of expertise in home financing. They are praised for their competitive rates, efficient loan processing, and extensive loan options, including government-backed and jumbo loans. With a high volume of positive reviews, Caliber is known for its professional and supportive service, making them a preferred choice for borrowers seeking reliability and a streamlined experience. Their local office in Port Angeles ensures personalized attention for Jefferson County residents.

Experience:16 years
Reviews:300 customer reviews
118 E 1st Street, Port Angeles, WA 98362

Loan Types:

ConventionalFHAVAUSDAJumboRefinanceARM
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3

New American Funding

New American Funding

★★★★☆
4.6/5

New American Funding is a highly-rated mortgage lender with over two decades of experience, serving Port Hadlock and surrounding areas with a wide array of loan products. They are celebrated for their competitive rates, exceptional customer service, and efforts to promote homeownership through diverse lending programs, including options for low-to-moderate income borrowers. With strong online reviews highlighting their responsiveness and expertise, New American Funding provides reliable remote and in-person support, ensuring clients in Jefferson County receive tailored solutions for their mortgage needs.

Experience:21 years
Reviews:250 customer reviews
1601 Upland Drive, Suite 100, Irving, TX 75038 (Corporate Office; serves Port Hadlock remotely and via local representatives)

Loan Types:

ConventionalFHAVAUSDAJumboARMRefinanceReverse Mortgages
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Frequently Asked Questions

Common questions about mortgage lending in Port Hadlock, WA

Are there any special mortgage considerations for buying a home in Port Hadlock, WA, given its location on the water?

Yes, waterfront or near-water properties are common in Port Hadlock, and lenders will often require additional flood insurance, which can impact your monthly payment. Properties may also require specialized inspections for septic systems and wells, which are common outside the main urban sewer lines. It's crucial to factor these potential extra costs into your budget when determining how much house you can afford.

What are the typical down payment assistance programs available for first-time homebuyers in Jefferson County, which includes Port Hadlock?

The Washington State Housing Finance Commission (WSHFC) offers several programs, like the Home Advantage DPA, which can provide down payment assistance as a second, low-interest loan. Additionally, the WSHFC's House Key Opportunity program offers below-market interest rates. It's wise to work with a local lender familiar with these state-wide programs, as they are the primary resource for buyers in this area.

How does the rural nature of Port Hadlock affect the mortgage appraisal process compared to a city like Seattle?

Appraisals in Port Hadlock can be more complex due to fewer recent comparable sales ("comps"), especially for unique or rural properties. This can sometimes lead to appraisal gaps if the home's value is difficult to substantiate. Using a local lender with appraisers experienced in the North Olympic Peninsula is key to navigating this process smoothly and avoiding delays.

Are USDA loans a viable option for mortgages in Port Hadlock, WA?

Absolutely. Much of the land around Port Hadlock is designated as rural by the USDA, making many buyers eligible for USDA Guaranteed Loans, which offer 100% financing with no down payment. This is a highly attractive program for eligible borrowers in the area, but income limits and property eligibility must be verified through the USDA's online map tool.

What is a common challenge for buyers seeking a mortgage for a manufactured home in Port Hadlock?

Financing manufactured homes, which are prevalent in the area, can be tricky if the home is not on a permanent foundation. Lenders typically require the home to be classified as real property (on its own land with a permanent foundation) to qualify for conventional, FHA, or VA financing. For homes in leased-land communities, you'll likely need a specialized chattel loan, which often has higher interest rates.

Mortgage Insights

Finding the Right Refinance Partner in Port Hadlock, WA

If you're a homeowner in Port Hadlock, the phrase "refinance companies near me" might be crossing your mind more often these days. Whether you're looking to lower your monthly payment, tap into your home's equity for a renovation, or secure a better rate, finding a local expert who understands our unique market is key. Port Hadlock isn't just any town; it's a waterfront community with a mix of historic homes, newer developments, and unique property types that can influence your refinancing options.

First, let's talk local. The Port Hadlock and greater East Jefferson County market has seen significant appreciation. This increase in your home's value could mean you have more equity than you think, potentially qualifying you for better loan terms or a cash-out refinance to fund that dream deck with a view of the bay. However, lenders unfamiliar with our area might not fully appreciate the value of a well-maintained older home or a property with shared waterfront access. This is where a local refinance company, or a loan officer with deep regional experience, becomes invaluable. They can accurately appraise your home's worth within our specific market context and navigate any unique characteristics of your property.

When searching for "refinance companies near me," don't just focus on physical proximity. Look for professionals who are deeply embedded in the financial landscape of Washington State. Ask potential lenders if they are familiar with the Washington State Housing Finance Commission (WSHFC) programs. While often associated with first-time homebuyers, some programs and down payment assistance options can have refinancing components or benefits worth exploring. A knowledgeable local lender will be your guide to these state-specific resources.

Your actionable search should start with more than an online map. Here’s what to do: First, ask for recommendations from your local real estate agent, your community bank in Jefferson County, or even neighbors who have recently refinanced. Personal referrals in a close-knit community like ours are gold. Second, when you speak with a loan officer, ask them directly for examples of refinances they've completed in Port Hadlock, Irondale, or Chimacum. Their experience with local appraisers and title companies will streamline your process. Finally, compare offers, but remember that the lowest rate isn't always the best deal. Consider the lender's responsiveness, their understanding of your goals, and the full scope of closing costs.

Ultimately, refinancing in Port Hadlock is about partnering with someone who sees your home not just as an asset, but as part of our distinctive Pacific Northwest community. By choosing a refinance professional who understands the tides of our local market as well as the broader rules in Washington, you can make a confident, strategic financial decision for your home and your future.

Nearby Cities

Explore mortgage lenders in cities near Port Hadlock, WA

Why Choose a Mortgage Lender in Port Hadlock?

Local Market Knowledge

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