The Best Mortgage Lenders in Tacoma, WA
Compare verified mortgage lenders serving Tacoma, Washington. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Tacoma
Featured Mortgage Lenders
BECU Home Loan Advisor
Boeing Employees' Credit Union
BECU is Washington's largest credit union with an outstanding reputation for mortgage lending throughout the Puget Sound region. While headquartered in Seattle, they serve all of Tacoma and Pierce County with competitive rates and exceptional member service. Their 4.8/5 rating reflects consistently high customer satisfaction, particularly for first-time homebuyers and VA loans. As a member-owned financial cooperative, BECU offers lower fees and more personalized service than traditional banks, with local loan advisors who understand the Tacoma housing market.
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Caliber Home Loans Tacoma
Caliber Home Loans, Inc.
Caliber Home Loans maintains a strong physical presence in downtown Tacoma with a team of local mortgage experts who have deep knowledge of the South Sound real estate market. With a 4.7/5 rating, they're particularly praised for their efficient closing processes and excellent communication. Their specialization in VA loans makes them a top choice for military families from Joint Base Lewis-McChord. The Tacoma branch has helped thousands of local residents with purchase and refinance loans, earning multiple local business awards for customer service excellence.
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Guild Mortgage Tacoma
Guild Mortgage Company
Guild Mortgage has been serving Tacoma homeowners for decades with a strong local presence and national lending capabilities. Their 4.6/5 rating reflects exceptional service in complex loan scenarios and first-time homebuyer programs. They're particularly recognized for their expertise in Washington's down payment assistance programs and FHA loans. The Tacoma branch features experienced loan officers who average over 15 years in the industry, providing personalized guidance through the entire mortgage process. Their long-standing relationships with local real estate professionals ensure smooth transactions for Tacoma home purchases.
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Frequently Asked Questions
Common questions about mortgage lending in Tacoma, WA
Are there any special down payment assistance programs for first-time homebuyers in Tacoma?
Yes, the Washington State Housing Finance Commission offers several programs, including the Home Advantage DPA, which provides a second mortgage for down payment and closing costs. Additionally, the City of Tacoma itself offers the Homeownership Assistance Program (HAP), which can provide up to $50,000 in down payment assistance to income-eligible buyers purchasing within specific city boundaries.
How does living in a high seismic risk zone like Tacoma affect my mortgage or insurance?
While it doesn't directly impact your mortgage rate, lenders will require you to secure a homeowner's insurance policy that includes earthquake coverage. This is a mandatory condition for loan approval in Tacoma and can significantly increase your monthly housing costs, so it's a critical factor to budget for during the homebuying process.
What are the current mortgage rates like for buyers in Tacoma compared to the national average?
Mortgage rates in Tacoma are generally aligned with national averages, as they are driven by broader financial markets. However, your specific rate will depend heavily on your credit profile, loan type, and down payment. Working with a local lender familiar with the Pierce County market can help you find the best available programs and rates for your situation.
Are there specific loan considerations for buying a historic home in Tacoma's North End or Stadium District?
Absolutely. Purchasing a home in a local historic district or a property listed on the Tacoma Register of Historic Places may require a specialized renovation loan, like an FHA 203(k). Furthermore, some conventional lenders may have stricter appraisal requirements for older homes, so it's essential to work with a loan officer experienced in Tacoma's historic housing stock.
Does Tacoma's proximity to Joint Base Lewis-McChord (JBLM) create unique mortgage opportunities?
Yes, the large military and veteran population makes VA loans exceptionally common and well-understood by local lenders in Tacoma. Many lenders have dedicated VA loan specialists who can efficiently navigate the process, and the competitive market means sellers are often very familiar and comfortable with accepting offers backed by VA financing.
Why Choose a Mortgage Lender in Tacoma?
Local Market Knowledge
Lenders who understand Tacoma'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 Tacoma and get competitive rates on your home loan.