Advertiser Disclosure

Best WSHFC Mortgage Lenders of 2019

Nov. 5, 2018
Finding the Right Mortgage, Mortgages
At NerdWallet, we strive to help you make financial decisions with confidence. To do this, many or all of the products featured here are from our partners. However, this doesn’t influence our evaluations. Our opinions are our own.
NerdWallet offers financial tools and advice to help you understand your options and make the best possible decisions. The guidance we offer and information we provide are deeply researched, objective and independent. We spent over 400 hours reviewing the top mortgage lenders before selecting the best for our readers.

The WSHFC is a state housing agency that aims to expand access to and affordability of housing in the Evergreen State. Officially called the Washington State Housing Finance Commission, WSHFC works with participating lenders to offer first-time home buyer loan programs. Benefits can include thousands of dollars in down payment assistance.

The agency works with a long list of lenders — so many that it might be difficult to know just where to start. NerdWallet has researched WSHFC-affiliated lenders and found and reviewed the highest-rated lenders. We’ve also noted some of the high-volume mortgage originators that underwrite WSHFC-sponsored loans.

» MORE: Explore WSHFC loan programs, rates and income limits

Best WSHFC mortgage lenders for government loans

Many first-time home buyers look to loans backed by the FHA, VA or USDA. These lenders are well-versed in the details of government-sponsored loans.

Guild Mortgage
4.0 NerdWallet rating
  • Has worked with government loans for over 50 years; accounting for nearly half of its current business.
  • Offers a digital mortgage process combined with personal service.
  • The typical customer has a 715 FICO score and an average loan of $230,000.
  • Guild Mortgage review.
4.0 NerdWallet rating
  • Offers all government-backed mortgages as well as FHA 203(k) remodeling loans.
  • Minimum 600 FICO credit score on FHA loans.
  • Offers mortgages on manufactured homes.
  • PrimeLending review.

Best WSHFC mortgage lenders for customer service

If you’re looking for a little extra help during your first time through the mortgage process, these lenders earn high marks for customer service.

4.0 NerdWallet rating
  • Mobile app allows users to apply for a loan in under 10 minutes.
  • Applicants can securely scan and upload documents through the app.
  • A 24/7 online portal allows access to application and loan details.
  • Fairway Independent Mortgage review.
4.5 NerdWallet rating
  • Well-rated for low customer complaint volume, according to NerdWallet’s analysis.
  • Six affiliated loan stores in Washington for borrowers who appreciate face-to-face service.
  • This nonbank lender offers a loan lineup that rivals banks.
  • LoanDepot review.

Best WSHFC mortgage lenders for borrowers with credit challenges

If your credit score is a little below par and there’s a ding or two on your credit history, you’ll find these lenders willing to work with you.

4.0 NerdWallet rating
  • Its “Fresh Start” program helps borrowers with a previous foreclosure or short sale get a loan.
  • No waiting period required if you’ve recently declared bankruptcy.
  • Minimum credit score is 580.
  • Caliber Home Loans review.
Guild Mortgage
4.0 NerdWallet rating
  • Considers alternative credit data such as utility bills and rental payment histories.
  • Services all of the loans it originates, helping maintain long-term relationships with customers.
  • Offers a paperless loan application with document upload and application progress tracking.
  • Guild Mortgage review.

» MORE: See the best Washington mortgage lenders

More WSHFC participating mortgage lenders

These are among the high-volume WSHFC-approved lenders in Washington. The lenders haven’t been reviewed by NerdWallet.

HomeStreet Bank

  • Headquartered in Seattle with over two dozen home loan centers in the state.
  • A dedicated loan officer guides the process from application to closing.
  • Offers a “shared appreciation” equity investment program that can cut your down payment in half in exchange for an equity stake in your home.

Evergreen Home Loans

  • A guaranteed financing commitment reinforces your purchase offer and can help speed closing.
  • You can start your loan application online.
  • If you don’t have a real estate agent, Evergreen will help you find one.

Umpqua Bank

  • Banking customers can receive a $500 discount on their home loan.
  • It was founded in Oregon, but it’s also a top-10 mortgage lender in Washington.
  • No origination fee on certain loans.

Eagle Home Mortgage

  • Offers a digital mortgage process from your phone, tablet or laptop.
  • Get pre-qualified in as little as 10 minutes.
  • A first-time home buyer guide helps you prepare for the process.

Top WSHFC mortgage lenders: summary

More from NerdWallet

NerdWallet’s selection of mortgage lenders for inclusion here was made based on our evaluation of the products and services that lenders offer to consumers who are actively shopping for the best mortgage. The six key areas we evaluated include the loan types and loan products offered, online capabilities, online mortgage rate information, customer service and the number of complaints filed with the Consumer Financial Protection Bureau as a percentage of loans issued. We also awarded lenders up to one bonus star for a unique program or borrower focus that set them apart from other lenders. To ensure consistency, our ratings are reviewed by multiple people on the NerdWallet Mortgages team.