Expertise.com

2024

Last updated:

Best Mortgage Brokers in Federal Way

Our Recommended Top 14

We did the research for you!

  • Licensing
  • User Reviews
  • Mystery Shopping Calls

Our goal is to connect people with the best local professionals. We scored Federal Way Mortgage Brokers on more than 25 variables across five categories, and analyzed the results to give you a hand-picked list of the best.

37Reviewed

27Curated

14Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

Website
Federal Way, WA
  • VA Refinance
  • Loans
  • Mortgage Brokers
  • VA Purchase
  • Refinance

Why choose this provider?

Stone Ridge Home Loans, PLLC, supports individuals and families in Federal Way with their residential property needs. The firm assists first-time home buyers with mortgage prequalification and preapproval. Its team works with lending institutions to secure approvals for various loan options, such as fixed-rate mortgages, FHA, and VA loans. The company also offers refinancing solutions to help property owners access home equity and reduce monthly payments. It has a longstanding presence in the mortgage brokerage industry, with its roots dating back to 1988.

License Verified:

License: 2538897

Nationwide Multistate Licensing System and Registry

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Zillow
5.0 / 5 (142)
Google
5.0 / 5 (1)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
808 Traffic Ave, Sumner, WA 98390
  • Mortgage Lenders
  • Mortgage calculators
  • Mortgage advice
  • Mortgage
  • Mortgages
  • Mortgage Refinance
  • Mortgage rates
  • Mortgage Loans
  • Mortgage Brokers
  • Mortgage Broker
  • Refinance

Why choose this provider?

Jim Hagen is a CMG Home Loans mortgage broker based in Sumner who advises clients in the Federal Way area. He helps them obtain pre-approval for loans backed by the VA, FHA, and USDA. He also offers the Community ONE Grant, a program that provides down payment assistance to eligible individuals. To further educate them on the mortgage application process, Jim runs a website that contains a range of educational resources, from payment calculators to blog articles.

License Verified:

License: 1278093

Nationwide Multistate Licensing System and Registry

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Google
5.0 / 5 (32)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
3555 Market Place W. Suite 200, University Place, WA 98466
  • Refinance

Why choose this provider?

Bill Dunger caters to clients in Federal Way who need mortgage brokers. He is an advisor under the Finance of America banner and has options for buyers of their first home and those who are upgrading to more comfortable accommodations. The choices include programs for real property investors and refinancing current debts to take advantage of advantageous terms and conditions. Bill Dunger maintains open lines of communication and makes responding to customer calls and emails a priority.

License Verified:

License: 58033

Nationwide Multistate Licensing System and Registry

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.9

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
258 S 171st St, Burien, WA 98148
  • Refinance

Why choose this provider?

Seattle Mortgage Brokers LLC caters to people in the Federal Way metro and the surrounding communities. It helps individuals and families realize their dreams of homeownership by offering different loan programs. Some of these are investment property, low down payment, jumbo, rehab, and first-time homebuyer mortgages. FHA, USDA, and VA loans are also included. In addition, the firm provides refinance options to help customers reduce their monthly payments, shorten their loan terms, and consolidate high-interest debts.

License Verified:

License: 761615

Nationwide Multistate Licensing System and Registry

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.9
Google
4.9 / 5 (84)
Facebook
5.0 / 5 (14)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
3518 6th Avenue, Suite #200, Tacoma, WA 98406
  • Refinance

Why choose this provider?

The Loan Ladies is a mortgage brokerage firm that serves individuals and families in the Federal Way metro. It is part of Fairway Independent Mortgage Corporation and has more than 20 years of experience in the home lending industry. Karen Orr and her team offer various loan options, which include government-backed, rate-based, home renovation, and jumbo loans. In addition, they have various refinancing programs for clients who want to get lower interest rates and monthly payments.

License Verified:

License: 40351

Nationwide Multistate Licensing System and Registry

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Facebook
5.0 / 5 (20)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
31919 1st Ave, South, Ste 200, Federal Way, WA 98003
  • Refinance

Why choose this provider?

Team Justice of Paramount Residential Mortgage Group, Inc. (PRMG) caters to clients in and around Federal Way. Its mortgage loan originators help homeowners looking to refinance their active loans, as well as individuals or investors who wish to apply for a mortgage program to obtain a property. VA, FHA, and USDA mortgages are among the loan products available at PRMG. Licensed in 48 states, PRMG has more than 150 offices and operating centers across the country.

License Verified:

License: 1795633

Nationwide Multistate Licensing System and Registry

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.9
Google
4.9 / 5 (139)
Zillow
5.0 / 5 (54)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
2.5
Responsiveness
Friendliness
Helpfulness
––
Detail
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Website
30623 164th Ave SE, Auburn, WA 98092
  • New Construction

Why choose this provider?

Clear Choice Lending provides clients in Federal Way with assistance in applying for mortgages. Its services are available for individuals who are planning to purchase a home or refinance an existing one. It offers government loan programs such as VA, FHA, and USDA or rural housing. Its refinancing options include fixed, adjustable, and interest-only mortgages. The owner, Mike Gilbert, is a certified public accountant and a certified mortgage planner. He has been in the mortgage industry for over 25 years.

License Verified:

License: 761615

Nationwide Multistate Licensing System and Registry

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Facebook
5.0 / 5 (5)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
8602 Canyon Rd East, Puyallup, WA 98371
  • Refinance

Why choose this provider?

Wave Lending Group is a Puyallup-based business that works with people in Federal Way. It addresses their concerns involving the home financing process and explains the differences between fixed-rate mortgages and adjustable-rate loans. The company provides other programs backed by the USDA, FHA, and VA. It also helps homeowners consolidate their debts or lower their interest rates through the refinancing process. Anthony Lundberg, one of its team members, is the founder of Enjoymentech, a financial analysis service provider.

License Verified:

License: 21751

Nationwide Multistate Licensing System and Registry

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Facebook
5.0 / 5 (61)
Google
5.0 / 5 (43)
Yelp
5.0 / 5 (10)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
2401 Bristol Court SW, B103, Olympia, WA 98502
  • Refinance

Why choose this provider?

Mortgage One Northwest, Inc. is a team of brokers that focuses on providing their clients in Federal Way multiple option loan packages, competitive rates, and low fees. The company assists potential homeowners in purchasing a loan package that matches their needs while providing tools and expertise to make the home loan process easier. It covers various loans from fixed rate, ARM, conforming, FHA and VA, Jumbo, and terms of five to 30 years. Mortgage One Northwest, Inc has been in operation since 2007.

License Verified:

License: 82426

Nationwide Multistate Licensing System and Registry

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.6
Google
4.6 / 5 (38)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
5151 Borgen Blvd Suite 101C, Gig Harbor, WA 98332
  • New Construction

Why choose this provider?

Bryte Home Loans is a mortgage brokerage firm serving clients in Federal Way. The company maintains a diverse portfolio of home loan options, assisting clients in selecting the best program for their financial needs. Its mortgage programs include fixed-rate, adjustable-rate, FHA, and VA mortgages. Its loan officers also provide mortgage refinance programs to people who want to lower their monthly payments, shorten their loan terms, consolidate debt, or get equity out of their homes. The company is a division of Hometown Lenders, Inc., which has been operating since 2000.

License Verified:

License: 65084

Nationwide Multistate Licensing System and Registry

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Zillow
5.0 / 5 (39)
Facebook
5.0 / 5 (30)
Google
5.0 / 5 (7)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
3.8
Responsiveness
Friendliness
Helpfulness
Detail
––

Website
Puyallup, WA 98371
  • Refinance

Why choose this provider?

Honest Ethical Responsive Mortgage serves the people of Federal Way and the neighboring communities with its purchase and refinancing mortgage solutions. It caters to prospective buyers of varying backgrounds and financial situations, providing them with the most suitable loan program to meet their goals of owning their first residence or new investment property. The company works to streamline the loan procedure, with one client relating that their mortgage process took only 19 days from application to closing.

License Verified:

License: 1854452

Nationwide Multistate Licensing System and Registry

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Facebook
5.0 / 5 (6)

Website
20425 72nd Avenue S, Suite 210, Kent, WA 98032
  • Refinance
  • New Construction

Why choose this provider?

Rhonda Porter is a mortgage loan originator serving borrowers in Federal Way. She started her real estate career in 1986 and joined Mortgage Master Service Corporation in 2000. She offers a wide selection of financing options, including bridge, conforming, jumbo, USDA, FHA, and VA loans. Porter has attended interviews for The New York Times, Seattle Metropolitan Magazine, and The Wall Street Journal's Market Watch. In 2011, 2012, and 2013, she received nominations from her peers for the Washington Association of Mortgage Professionals Leadership Awards.

License Verified:

License: 121324

Nationwide Multistate Licensing System and Registry

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Facebook
5.0 / 5 (24)
Yelp
5.0 / 5 (17)
Google
5.0 / 5 (1)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
1010 South 336th St., Federal Way, WA 98003
  • Refinance

Why choose this provider?

Wayde Staiger represents LeaderOne Financial Corporation as a loan officer who caters to individuals and families across the Federal Way metro. He assists prospective home buyers or first-time borrowers obtain the best loan programs, considering their objectives and financial capabilities. He offers a selection of home loan choices, including fixed-rate and adjustable-rate mortgages; conventional, jumbo, FHA, VA, and USDA loans. Additionally, Wayde advises residents to look into refinancing their existing mortgages or consolidating their current debts.

License Verified:

License: 1078174

Nationwide Multistate Licensing System and Registry

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Zillow
5.0 / 5 (6)
Google
5.0 / 5 (5)

Website
33710 9th Ave S, Suite 4, Federal Way, WA 98003
  • Refinance

Why choose this provider?

Anders Striemer works for Nexa Mortgage and provides financial solutions to borrowers in Federal Way. He offers FHA, VA, USDA, jumbo, and non-QM loans. He has the common sense portfolio, renovation, and down payment programs, as well as zero down payment options. Various refinancing options are also available. Additionally, he offers loans for established professionals and doctors. Striemer streamlines the loan process using online tools that allow borrowers to choose the right programs for their financial needs.

License Verified:

License: 784501

Nationwide Multistate Licensing System and Registry

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Facebook
5.0 / 5 (34)
Google
5.0 / 5 (15)
Zillow
5.0 / 5 (2)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

FAQs

  • Introduction

    It’s the American dream to buy property, and almost everyone who purchases a home does so with the help of a mortgage broker. It can be intimidating when you don’t know where to begin, what information is necessary, and how to receive a loan. A mortgage broker acts as an intermediary between the applicant and the financial institution.


    The mortgage broker’s role includes comparing loan terms across lenders to find applicants the best options, collecting paperwork the financial institution needs to analyze the application, and guiding the buyer through the underwriting and closing processes. Mortgage brokers can significantly simplify the home buying process.

  • Can mortgage brokers work across state lines?

    Yes, mortgage brokers can work across state lines. However, each state has different licensing requirements for mortgage brokers. Customers should ensure their broker can legally work in another state before going across state lines. Lastly, don’t forget the mortgage process is often time-sensitive, so being in different time zones can be problematic.

  • How do mortgage brokers find lenders?

    Mortgage brokers work independently and act as a bridge between the client and the lender. They reach out to several lenders to form a network and build professional relationships with those they work with often. They use lenders who best meet a client's rates and terms, and some lenders only do business through mortgage brokers.  

  • What credit score do mortgage brokers use?

    There are two credit scoring models in the United States: FICO and VantageScore. Mortgage lenders typically prefer to use FICO. However, each credit bureau uses a different version of the FICO score:

    • Experian uses FICO Score 2
    • Equifax uses FICO Score 5
    • TransUnion uses FICO Score 4

  • Do mortgage brokers help with refinancing?

    Yes, mortgage brokers can help with refinancing. Individuals who have a solid credit score will typically go to their bank to refinance their mortgage. However, if you don't have excellent credit, a mortgage broker may be able to secure you a better interest rate than you could get on your own.

    You pay a fee to the mortgage broker, so you'll want to consider this fee versus your savings in your cost-benefit analysis.
  • Can you work with two mortgage brokers?

    You can definitely work with two mortgage brokers. The advantage of using multiple brokers is that you'll have two people reaching out to several lenders to secure the best rate possible. However, you must ensure you provide matching information to all your brokers. If two brokers provide mismatched information about your application to the same lender, it can send off red flags and delay your approval process.

  • Do mortgage brokers get better deals?

    Yes, a mortgage broker should be able to get you a better deal. Mortgage brokers go to several lenders on your behalf and find the one with the best terms and interest rates. However, note that some mortgage brokers have preferred lenders. A broker may bring you their preferred lender's offer, even if it's not the best one; however, this isn't a regular practice.