NMHL Mortgage Lending
Mortgage Lender in Lakewood, WA
Local expertise and competitive rates for Lakewood homebuyers.
Lakewood, Washington, is experiencing a dynamic housing market, with a median home price of around $430,000. As a borrower in Lakewood, you're likely looking for a mortgage lender who understands the local real estate landscape. At National Mortgage Home Loans (NMHL), we're committed to helping you achieve your homeownership goals with competitive rates and personalized service.
Our expertise in serving underserved borrowers, including those with bad credit, self-employed individuals, and first-time homebuyers, makes us an ideal partner for Lakewood residents. With NMHL, you can explore a range of mortgage options, from FHA and VA loans to conventional and jumbo mortgages.
Whether you're looking to purchase a home in Lakewood's desirable neighborhoods, such as Tillicum or Clover Creek, or refinance your existing mortgage, we're here to guide you through the process. Our local knowledge and commitment to customer service make us the go-to lender in Lakewood, WA.
Lakewood Housing Market Overview
Explore mortgage options in Lakewood, WA with NMHL. Our local expertise helps you navigate the Lakewood real estate market with competitive rates and personalized service.
See What You Qualify For
Takes about 5 minutes. No obligation. No credit check until you are ready.
Your Local Mortgage Partner
We understand the local market dynamics that affect your home purchase. Our team provides personalized loan options based on local property values and regulations.
Available Loan Programs in Lakewood
Explore mortgage options tailored to Lakewood homebuyers
First Time Home Buyer Mortgages
Special loan programs helping newcomers purchase their first home with favorable terms and support.
Learn MoreRefi-Shield
Learn MoreAdjustable-Rate Mortgage (ARM)
Financial flexibility and optimal rates with an Adjustable-Rate Mortgage – Your key to a dynamic homeownership journey
Learn MoreHigh-Value Appraisal Program
Learn MoreInterest Only Mortgages
Interest-only mortgages allow borrowers to pay only the interest for a set period, reducing initial monthly payments.
Learn MoreHome Equity Loans
Access the equity in your home with a fixed-rate home equity loan. Get a lump sum with predictable monthly payments for ...
Learn MoreFHA Loans
Federal Housing Administration (FHA) loans are government-backed mortgages designed to help first-time homebuyers and th...
Learn MoreFixed-Rate Mortgage
Lock in your interest rate for the life of the loan with a fixed-rate mortgage. Predictable monthly payments make budget...
Learn MoreBridge Loans
Bridge the gap between buying your new home and selling your current one. Short-term financing that gives you the flexib...
Learn MoreVA Loans
VA loans are a benefit earned by veterans, active-duty service members, and eligible surviving spouses. Backed by the De...
Learn MoreConventional Loans
Conventional loans are not backed by government agencies and typically offer the most flexibility for qualified borrower...
Learn MoreITIN Loans
Purchase a home using your Individual Taxpayer Identification Number (ITIN) without a Social Security Number. NMHL is co...
Learn MoreJumbo Loans
Jumbo loans exceed conforming loan limits and are designed for luxury properties and homes in high-cost areas. With comp...
Learn MoreDSCR Investment Loans
Debt Service Coverage Ratio (DSCR) loans qualify based on rental income rather than personal income. Perfect for real es...
Learn MoreBank Statement Loans
Bank statement loans are designed for self-employed borrowers and business owners who have difficulty documenting income...
Learn MoreReverse Mortgages
For homeowners 62 and older, reverse mortgages allow you to access your home equity without monthly payments. Stay in yo...
Learn MoreUSDA Mortgages
USDA Rural Development loans help moderate-income buyers purchase homes in eligible rural and suburban areas. With no do...
Learn MoreHeloc
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Lakewood Neighborhoods: A Guide to Local Real Estate
Lakewood is a diverse city with a range of neighborhoods to suit different lifestyles and preferences. From the family-friendly atmosphere of Tillicum to the natural beauty of Clover Creek, there's a neighborhood in Lakewood to suit every need. When searching for a home, consider factors like local schools, property taxes, and access to amenities.
- Tillicum: Known for its family-friendly atmosphere and highly-rated schools.
- Clover Creek: Offers a more rural feel, with larger lots and natural beauty.
- Downtown Lakewood: A vibrant area with shops, restaurants, and cultural attractions.
NMHL can help you navigate the Lakewood housing market and find the right mortgage for your needs.
Mortgage Options for Lakewood Borrowers
At NMHL, we offer a range of mortgage options to suit different borrower profiles and financial situations. Our loan programs include FHA, VA, USDA, conventional, and jumbo mortgages. We also specialize in serving underserved borrowers, including those with bad credit or self-employed individuals.
Our mortgage experts will work with you to determine the best loan option for your needs and guide you through the application process. With competitive rates and personalized service, we're the go-to lender in Lakewood, WA.
Contact NMHL today to explore your mortgage options and get pre-approved for a loan.
Understanding Property Taxes in Lakewood, WA
As a homeowner in Lakewood, you'll need to factor property taxes into your mortgage planning. The average effective property tax rate in Lakewood is around 0.82%, which is slightly higher than the national average. To give you a better understanding of your property tax obligations, we can help you estimate your annual property tax bill based on your home's value.
NMHL can help you navigate the complexities of property taxes and ensure you're prepared for the total cost of homeownership.
First-Time Homebuyer Programs in Washington State
If you're a first-time homebuyer in Lakewood, you may be eligible for specialized loan programs and down payment assistance. The Washington State Housing Finance Commission's Home Advantage program is a popular option, offering up to 4% in down payment assistance and competitive interest rates.
NMHL can help you explore these programs and determine your eligibility. Our mortgage experts will work with you to find the best loan option for your needs and guide you through the application process.
Contact NMHL today to learn more about first-time homebuyer programs in Washington state and get started on your homeownership journey.
Frequently Asked Questions
The average effective property tax rate in Lakewood is around 0.82%. This means that if you own a home valued at $400,000, you can expect to pay around $3,280 per year in property taxes. It's essential to factor these costs into your mortgage planning to ensure you're prepared for the total cost of homeownership.
Lakewood is served by the Clover Park School District, which has a significant impact on local home values. Homes located within highly-rated school districts tend to appreciate in value over time, making them a valuable investment for families. When searching for a home in Lakewood, it's worth considering the local schools and their reputation.
Washington state offers several programs to help first-time homebuyers, including the Washington State Housing Finance Commission's Home Advantage program. This program provides up to 4% in down payment assistance and offers competitive interest rates. NMHL can help you navigate these programs and determine your eligibility.
While having bad credit can make it more challenging to secure a mortgage, it's not impossible. NMHL offers specialized loan programs for borrowers with less-than-perfect credit. We can help you explore options, such as FHA loans, which have more lenient credit score requirements. Contact us to discuss your situation and determine the best course of action.
Lakewood borrowers can access several down payment assistance programs, including the City of Lakewood's Homeownership Program. This program provides financial assistance to help with down payment and closing costs. NMHL can help you explore these options and determine your eligibility.
Getting pre-approved for a mortgage with NMHL is a straightforward process. Simply contact us to schedule a consultation, and we'll review your financial situation and provide a pre-approval letter. This letter will give you a clear understanding of your borrowing power and help you navigate the Lakewood housing market with confidence.
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Ready to Buy in Lakewood?
Let NMHL help you navigate the Lakewood housing market with expert guidance and competitive rates.