Top 5 VA Lenders in Washington 2019
If you’re an active or retired member of the United States Armed Forces looking to purchase a home in Washington, there are some amazing mortgage solutions available to you. Washington is home to almost 7.5 million people, and with today’s mortgage rates as low as they are, the housing market is ready for serious home buyers. Home values have increased by roughly 6.7 percent between December of 2017 through 2018 and are forecasted to rise another 5% through 2019.
The rising home values make it essential for home buyers on the market for a mortgage loan to do everything they can to keep their housing costs as low as possible. Getting a great mortgage would probably be the best place to start. And, since VA loans offer amazing benefits that include low interest rates, zero down payment requirements, no prepayment penalties, and no required mortgage insurance, they’re often some of the most desirable loans for current or ex-military home buyers like you.
In this article, we’ll review the best VA approved lenders in Washington and how they can help you on your quest to home ownership.
#1 Washington VA Lender: Bay Equity Home Loans
Bay Equity Home Loans was founded back in 2007 as a full-service mortgage lender, with an extra emphasis on service. With locations across 32 states, the company is still growing to this day, thanks to their fierce dedication to their trade.
For a family owned and operated company, their popularity among the home buyers in the states that they are located is immense. They are deeply passionate about providing affordable mortgage solutions, with an exceptional focus on FHA loans and VA financing. As a matter of fact, a portion of their proceeds from every FHA or VA loan that they service is donated to the Warrior Foundation-Freedom Station.
The high-quality customer service and drive to secure low rates and comfortable loan terms will no doubt put Bay Equity Home Loans at the very top of the mortgage lender food chain some day. For now, home buyers would be wise to check them out and see why they consistently rake in such killer reviews!
#2 Washington VA Lender: Caliber Home Loans
A relative newcomer to the home finance market, Caliber Home Loans truly hit the ground running -- at top speed. For a company that has only been around since 2013, Caliber has made quite a reputation for itself as one of the top mortgage lenders in the region approved to originate VA mortgages.
The Caliber team is often lauded for their knowledge and sincerity during the mortgage transactions that they conduct. Getting a VA loan can be particularly stressful, but the loan officers at Caliber are well known for keeping their borrowers informed and making sure home buyers never miss a beat during the mortgage transaction.
Home buyers can count on concise, and rapid responses to any questions that may come up during the mortgage process. With their new app, the mortgage preapproval and application process has been made even easier! A stunning dedication to providing home buyers with mortgage loans that are affordable and align with their goals is evident with the glowing pool of user reviews since Caliber’s birth only 6 years ago.
#3 Washington VA Lender: Axia Home Loans
A company after our own hearts, Axia Home Loans operates on the basis of educating the home buyers who choose them both before and during the mortgage process. According to them, A comfortable closing is their goal.
Closings, of course, can be a rough time for any home buyer, but the specialists at Axia are more than capable of creating an environment where the home buyer is confident and ready to for anything. Axia’s loan officers specialize in customer satisfaction, so at no point should a home buyer ever feel as though they have no one to turn to.
User reviews show that past clients are mostly impressed by the companies dedication to providing excellent service and advice to its client base. The level of knowledge and determination will surely be more than capable of getting even the most difficult home loan transactions closed.
#4 Washington VA Lender: TILA Mortgage
A lender willing to take on the name of one of the most beneficial consumer protection acts ever written has to be able to back up that confidence with its actions. Luckily, TILA mortgage doesn’t disappoint.
Based in the Northwest, TILA has a reputation when it comes to mortgage transparency. But beyond making sure the borrower understands all aspects of a mortgage loan, it is equally as important to them to actually ensure that their client gets the right mortgage loan first.
To that end, The team over at TILA Mortgage puts the customers needs first and works hard to get borrowers a mortgage that is just the right fit. They are a great example of diligence and truth in lending.
#5 Washington VA Lender: Academy Mortgage Corporation
Academy Mortgage Corporation has been around since 1988, and has made a name for themselves on a national scale. The company is committed to responsible lending practices, especially with the ever-changing economy of today.
Unlike many mortgage brokers around, Academy Mortgage Corporation has the advantage of being a direct mortgage lender. This means that they handle all loan processing, underwriting, closings, and funding at their local branch offices.
Being a direct lender, means being able to close mortgage loan transactions as efficiently and quickly as possible, sometimes even in a matter of days! With the security and efficiency of their in-house loan origination and management, they are one of the best when it comes to speedy and affordable VA financing!
Shop Around Before You Get a Washington VA Loan
Our picks for the best VA lenders in Washington may not necessarily represent the best lender for your financial situation, goals, and desires. Everyone’s story is unique, and sometimes the best mortgage terms can be found in the most obscure places. Regardless of experience or lack thereof, the best plan of action is to shop around with multiple lenders to find out which one can provide the ideal mortgage solution that comes with the terms and affordability that best suits any particular financial situation.
While looking at reviews can be a huge help, getting a one on one consultation could mean saving thousands. If you’d like some help in locating the best VA lender in your area, don't hesitate to contact a home.loans mortgage expert!