Business Details
Your Trusted Mortgage Broker in Stayton, OR
Edgewater Financial has been dedicated to providing accessible, affordable mortgage services to Oregonians for over eighteen years. Our expertise spans conventional, USDA, FHA, VA, Jumbo, and non-QM loans, with licensing in Oregon, Washington, and Idaho. We prioritize personalized solutions, ensuring clients receive loans tailored to their unique financial goals. Our team of seasoned professionals guides clients through every step, from pre-approval to closing, with a commitment to transparency and customer satisfaction.As a trusted mortgage broker, we leverage our deep local market knowledge to simplify the lending process. Our dedication to ethical practices and client-centric service has solidified our reputation as a reliable partner in homeownership. We continuously adapt to industry standards while maintaining a focus on individualized support for every client.
Services
New Home Loans
Refinancing
Loan Pre-Approval
Conventional Loans
USDA Loans
FHA Loans
VA Loans
Jumbo Loans
Non-QM Loans
Mortgage Brokerage
Highlights and features
- We offer 18 years of mortgage expertise tailored to Oregonians' needs.
- Our team specializes in diverse loan products including FHA, VA, and USDA.
- Licensed in Oregon, Washington, and Idaho for regional market expertise.
- We provide personalized loan structuring to match individual financial goals.
- Our pre-approval process ensures competitive advantage in fast-moving markets.
Associations and certifications
- NMLS
Services
New Home Loans
Our new home loan program helps first-time and repeat buyers secure financing for primary residences. We offer competitive rates on conventional, FHA, and USDA loans with flexible down payment options. Our specialists guide clients through property selection, pre-approval, and closing processes to ensure smooth transactions in competitive housing markets.
Refinancing
Our refinancing solutions help homeowners reduce monthly payments, shorten loan terms, or access equity through cash-out refinances. We evaluate current mortgage terms against market conditions to determine optimal refinancing opportunities. Services include rate-and-term refinancing and streamline options for government-backed loans.
Loan Pre-Approval
Our pre-approval process gives homebuyers a clear budget range and competitive edge in bidding situations. We conduct thorough financial assessments including credit analysis, income verification, and debt-to-income ratio calculations. This service provides conditional loan commitments that strengthen purchase offers in multiple-bid scenarios.
FHA Loans
We specialize in FHA-insured mortgage programs designed for low-to-moderate income borrowers. These loans require minimal down payments (as low as 3.5%) with flexible credit requirements. Our team assists clients through the FHA appraisal process and helps qualify for competitive interest rates backed by federal guarantees.
Non-QM Loans
Our non-qualified mortgage programs serve borrowers with unique financial situations who don't meet standard underwriting criteria. These include self-employed individuals, investors with multiple properties, and applicants with credit challenges. We offer bank statement loans, asset-based lending, and other non-traditional verification options.
People
Craig Showalter
Branch Manager / Senior Loan Originator
Craig Showalter brings extensive mortgage industry experience to Edgewater Financial, specializing in personalized loan solutions for Oregon residents. With NMLS certification and local market expertise, he guides clients through complex lending processes while maintaining a focus on ethical practices and customer education.
Questions
What loan programs do you offer?
We offer conventional, FHA, VA, USDA, Jumbo, and non-QM loans to meet diverse home financing needs across Oregon, Washington, and Idaho.
How does mortgage pre-approval benefit me?
Pre-approval strengthens your purchase offer by demonstrating financial readiness to sellers, giving you a competitive edge in active real estate markets.
Can I refinance my current mortgage?
Yes, we help homeowners reduce payments, access equity, or adjust loan terms through rate-and-term or cash-out refinancing options.
Are you licensed in multiple states?
We are fully licensed to operate in Oregon, Washington, and Idaho through our NMLS #2485156 registration.
What credit score do I need for a mortgage?
Minimum requirements vary by loan type, but we offer programs for borrowers with credit scores as low as 580 for certain government-backed loans.
How do I start the mortgage process?
Contact us to schedule a consultation where we'll assess your financial situation, discuss goals, and recommend appropriate loan programs and next steps.
