Federal Way Mortgage - Federal Way Mortgage Companies - 1st Hand Mortgage, Inc., PNC Mortgage, Sound Mortgage, Inc.

Federal Way is a city in Washington State about halfway between Seattle and Tacoma. It was originally a logging settlement when it was founded in 1921, but it was officially incorporated as a city in 1990. The population of Federal Way is 85,929.

As of 2000, there were 31,437 households and 32,581 housing units in Federal Way. The housing market in the city is still a buyer’s market, so it is the perfect time for prospective homeowners to look into a Federal Way mortgage company. The median price of homes is $228,000, down from $250,000 just one year ago.

For those looking to buy property in the city, now is the time and every Federal Way mortgage company and real estate analyst will agree. The only problem is that there are a large number of mortgage companies and home lenders in the area. Choosing one can be an excruciating task in itself. To help make the job of finding a lender easier, here are three of the top Federal Way mortgage companies:

1st Hand Mortgage, Inc.

530 S. 336th Street, Federal Way, WA 98003
Toll-free: 888-922-5052
Phone: 253-815-7676
Fax: 253-815-1800

1st Hand Mortgage has only been operating since 1997, but to their credit, they are a locally owned and operated corporation headed by Ken and Suzi Hand. Ken grew up in the Pacific Northwest and has been in the business for over 20 years, personally helping thousands of people to become first-time homeowners. Among his other credits, Mr. Hand is President of the Washington Association of Mortgage Brokers in South Sound. The company also has an A+ rating with the Better Business Bureau. It is hard to argue with stats like that. 1st Hand has over 30 employees who all take a personal approach to home buying.

PNC Mortgage

31620 23rd Ave. South, Suite 200, Federal Way, WA 98003
Phone: 253-839-6500

PNC is a full-service bank offering retail banking, asset management, corporate banking, and residential mortgage services. They provide a large variety of options and a well-trained, friendly staff. Although they are a large, national corporation, the branches are closely tied to their communities, so they care about what happens to their customers. At the end of December, the PNC mortgage portfolio was over $158 billion strong, and they are frequently recognized as one of the top ten mortgage companies in the country. The Federal Way branch of PNC Mortgage is headed by Martin Sanelli and his staff consists of six full-time loan officers.

Sound Mortgage, Inc.

815 South 336th Street, Federal Way, WA 98003
Phone: 253-874-8900
Fax: 253-874-8929

Sound Mortgage has been offering home lending solutions in Washington State since 1978. Today, the company has grown to include branches in Oregon, California, Idaho, and Hawaii. Sound Mortgage offers a large selection of products to the fit the needs of every potential homeowner. Sound Mortgage is a full-service bank so there is never a reason to pass on a mortgage to a third-party underwriter where anything can happen. This company has developed a very simple and streamlined process to make buying a home fast and easy.