Washington County is the sixth best county in the state for securing a mortgage, according to SmartAsset.com, announced Washington Economic Development Group Director Ed Raber. Washington County is also ranked 115th in the country, which is in the top four percent of all counties. The county’s mortgage loan funding rate is 74.12 percent.
Raber explains, Washington County has a stable and affordable housing market, strong community leaders and realtors, and reasonable taxes which makes it a “best bet” for mortgage seekers.
SmartAsset analyzed four factors to determine the best places to get a mortgage – overall borrowing costs, ease of securing a mortgage, property taxes and annual mortgage payments. All payments, costs and taxes were calculated on the first five years of a $250,000 mortgage with a 20% down payment and closing costs.
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