Washington Mortgage Rates

If you’re looking to settle in a place with scenic natural views, an established art culture and a booming economic vista, The Evergreen State easily tops the list.

Home to 7.8 million Americans, the Washington state in the Pacific Northwest lives up to its nickname with a terrain that spans the snow-capped Cascade Mountains and the lush green forests of the Puget Sound islands.

Its cities support active tech hubs and a vibrant arts and music culture. These and a lot more are wonderful reasons to call Washington a home.

Take that first step towards getting the right mortgage.

But what would it be like to get a mortgage in the state?

Getting a mortgage in Washington

If you’re shopping for a home in the state, expect to find expensive homes than most states.

According to Zillow’s Home Value Index, the average valuation of a home in the state of Washington is $342,000. Median state values have increased by 10.9 percent during the course of a year and is projected to increase by 4.4 percent in 2018.

That is pricier than the national home value average of $201,900. The conforming loan limit in most of its counties sits at $424,100.

The state’s Housing Finance Commission offers state homebuyers assistance in procuring properties. You can participate in a Commission-Sponsored Homebuyer Education Seminar or take advantage of their offered home loan programs such as the:

  • Home Advantage Program
  • House Key Opportunity Program
  • Mortgage Credit Certificate; or the
  • EnergySpark Home Loan

There are also existing down payment assistance programs to aid cash-strapped buyers.

Are the rates affordable?

Mortgage rates in Washington may be slightly higher than national averages though your ultimate rate is a combination of personal and market factors.

Feel free to get real-time rates from lenders in Washington at MortgageSum.

Click to See the Latest Mortgage Rates»
Click Here to Get Matched With a Lender»

Get started today!

It only takes a few minutes to get started and best of all, it’s completely free. Get started finding the best mortgage options for you now.

Start Here

When inquiring about a loan on this site, this is not a loan application. This is not an offer to lend and we are not affiliated with your current mortgage servicer. Upon the completion of your inquiry, we will work hard to match you with a lender or lenders who may assist you with an official loan application and provide loan product eligibility requirements for your individual situation.

When applying for a loan, lenders will commonly require you to provide a valid social security number and submit to a credit check. Consumers who do not have the minimum acceptable credit required by the lender are unlikely to be approved. Minimum credit ratings may vary according to lender and loan product. In the event that you do not qualify for a credit rating based on the required minimum credit rating, a lender may or may not introduce you to a credit counseling service or credit improvement company who may or may not be able to assist you with improving your credit for a fee. Any loan product that a lender may offer you will carry fees or costs including closing costs, origination points, and/or refinancing fees. In many instances, fees or costs can amount to several thousand dollars and can be due upon the origination of the loan product.

This site is in no way affiliated with any news source or government organization and is not a government agency. Not affiliated with HUD, FHA, VA, FNMA or GNMA. This site may contain affiliate and partner links. This website and the company that owns it is not responsible for any typographical or photographic errors. If you do not agree to our terms and policies, then please leave this site immediately. If you submit your mobile number on this website you agree to receive marketing based text messages. Consent is not required for purchase. You will receive up to 4 messages per month. Standard text and data rates may apply. Reply STOP to stop & HELP for help.

Contents of this website are copyrighted property of the owner of this website. All trademarks, logos, and service marks (collectively the "Trademarks") displayed are registered and/or unregistered Trademarks of their respective owners.

In the event that you discovered this website through an advertisement, such advertisement may consist of stock photos, images, video or other publicly available resources. Any spokesperson used is an employee of the advertiser that owns and operates this website and is not a paid spokesperson or influencer.

© 2023 Mortgage.Info is not a government agency or a lender. Not affiliated with HUD, FHA, VA, FNMA or GNMA. We work hard to match you with local lenders for the mortgage you inquire about. This is not an offer to lend and we are not affiliated with your current mortgage servicer.