Find Mortgage Lenders in Washington, DC
Directory of mortgage lenders in Washington, District of Columbia. Verify credentials with the state state mortgage licensing authority before hiring.
Important: Listings are compiled from publicly available sources and have not been independently verified by BeforeMortgageUSA.com. We do not endorse any broker or guarantee outcomes. Verify licensing and disciplinary status with the
State Mortgage Licensing Authority of District of Columbia before hiring.
Showing 18 mortgage lenders in Washington, DC
Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
Mortgage lenders in Washington, District of Columbia help homebuyers and homeowners secure financing for residential property. DC has unique property tax rates and a first-time homebuyer program called the DC Home Purchase Assistance Program (HPAP) that provides down payment and closing cost help. Working with a local lender can simplify navigating DC specific regulations and local market conditions.
What Does a Mortgage Lender in Washington Cost?
Typical mortgage lender costs in Washington DC include an origination fee of 0.5 to 1 percent of the loan amount, plus appraisal fees around 500 to 700 dollars, and title insurance costs of 1,500 to 3,000 dollars. DC also charges a recordation tax of 1.1 percent for loans up to 400,000 dollars and 1.45 percent for larger loans, plus a transfer tax of 1.1 percent on the property sale price. These costs vary by loan type and property value. This is general information, not mortgage or financial advice.
* Cost estimates are general ranges based on publicly available data and compiled using automated research tools. Actual fees vary by agent and case complexity. This is not mortgage or financial advice — consult directly with an agent for fee specifics.
Frequently Asked Questions
What license does a mortgage lender need in Washington DC?
Mortgage lenders in DC must be licensed by the Department of Insurance, Securities and Banking (DISB). They must pass a background check and meet education requirements under the Secure and Fair Enforcement for Mortgage Licensing Act (SAFE Act).
Are there special loan programs for first-time buyers in DC?
Yes, the DC Home Purchase Assistance Program (HPAP) offers deferred loans for down payment and closing costs. Eligible buyers must meet income limits and complete a homebuyer education course.
How long does a typical mortgage approval take in DC?
A full mortgage approval usually takes 30 to 45 days from application to closing. However, DC has a 45 day minimum escrow period for some property types, which can extend the timeline.