Washington VA Loans

Washington-Arlington-Alexandria, DC-VA-MD-WV

A VA loan is a mortgage loan that’s backed by the Department of Veterans Affairs (VA) for those who have served or are presently serving in the U.S. military. The VA does directly lend, it guarantees the loans made by private lenders to veterans, active military personnel, and qualifying military spouses.

The most obvious benefit of VA loans is that no downpayment is necessary to purchase a home. They will also typically have significantly lower fees-- meaning that if you're eligible to receive a VA loan, it will likely be the most favorable option. VA loans come in 3 varities: purchase, refinance and cash out refis.

For additional benefits of VA loans, click here.

Washington's 341 lenders originated 49,928 VA loans during 2021. The total origination value was $24,135,220,000, with an average VA loan value of $483,400.

Washington VA Loans, 30 Year Fixed Rates

30 Year VA mortgages in Washington averaged 5.27% for the week of 2022-05-13, compared to the national average (all VA variants) of 5.158% for the same period.

The average rate for the prior week (2022-05-06) was 5.4% and one month ago for the week of 2022-04-08, the average rate was 5.13%.

The average rate one year ago was 3.04%.

For refis of the same type during the week of 2022-05-13, the average rate was 5.36%.

Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations.

Washington VA Loan Lenders by Rates & Fees

The below table looks at the average fees and rates for VA 30 Year Fixed Rate (purchase, first lien) mortgages originated by each lender at the Washington level.

Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Total Fees
FREEDOM MORTGAGE CORPORATION 3,397 2.37% $4,423
QUICKEN LOANS, LLC 3,179 2.41% $6,287
PENNYMAC LOAN SERVICES, LLC 2,683 2.28% $7,805
NAVY FEDERAL CREDIT UNION 2,435 2.47% $7,548
Mortgage Research Center, LLC 2,192 2.79% $9,256
CALIBER HOME LOANS, INC. 1,457 2.47% $8,854
LOANDEPOT.COM, LLC 1,325 2.40% $5,836
PENTAGON FEDERAL CREDIT UNION 1,293 2.37% $3,819
MCLEAN MORTGAGE CORPORATION 991 2.53% $10,238
UNITED WHOLESALE MORTGAGE, LLC 901 2.46% $8,548
HOME POINT FINANCIAL CORPORATION 828 2.39% $6,495
George Mason Mortgage, LLC 774 2.61% $10,312
LAKEVIEW LOAN SERVICING, LLC 716 2.40% $3,149
FIRST HOME MORTGAGE CORPORATION 705 2.65% $10,796
USAA Federal Savings Bank 687 2.87% $6,081
INTERCOASTAL MORTGAGE COMPANY 672 2.57% $10,583
Atlantic Coast Mortgage, LLC 640 2.66% $11,834
First Heritage Mortgage, LLC 614 2.67% $10,583
GUARANTEED RATE, INC. 608 2.46% $7,024
Wells Fargo Bank 600 2.51% $6,277
NEW DAY FINANCIAL, LLC 593 2.76% $11,675
MOVEMENT MORTGAGE, LLC 570 2.66% $8,407
Prosperity Home Mortgage, LLC 569 2.56% $11,684
The Federal Savings Bank 552 2.47% $8,283
Mr. Cooper ( Nationstar Mortgage ) 545 2.57% $4,727
EMBRACE HOME LOANS, INC. 534 2.52% $9,483
CLEARPATH LENDING 459 2.29% $6,432
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 453 2.72% $9,538
Towne Bank 433 2.51% $8,887
NVR Mortgage Finance, Inc. 414 2.77% $10,767
VILLAGE CAPITAL & INVESTMENT LLC 388 2.26% $5,496
FIRST SAVINGS MORTGAGE CORPORATION 363 2.60% $13,163
AMERICAN FINANCIAL NETWORK, INC. 304 2.68% $13,357
NEWREZ LLC 292 2.55% $6,404
Lakeview Community Capital, LLC 274 2.39% $3,147
NFM, INC. 245 2.83% $10,636
AMERISAVE MORTGAGE CORPORATION 245 2.54% $7,393
GUARANTEED RATE AFFINITY, LLC 229 2.44% $8,423
Vellum Mortgage, Inc. 228 2.61% $11,686
Carrington Mortgage Services, LLC 227 2.75% $6,184
NETWORK CAPITAL FUNDING CORPORATION 224 2.46% $4,460
JAMS-01, INC. 206 2.53% $10,720
DRAPER AND KRAMER MORTGAGE CORP. 202 2.54% $10,056
HOMESIDE FINANCIAL, LLC 202 2.69% $9,118
Presidential Bank, FSB 200 2.65% $8,908
North American Savings Bank, F.S.B. 196 2.35% $6,105
NBKC BANK 192 2.44% $5,785
First Guaranty Mortgage Corporation 179 2.41% $6,174
HOMESPIRE MORTGAGE CORPORATION 173 2.57% $9,687
Truist Bank 170 2.74% $6,453
CROSSCOUNTRY MORTGAGE, LLC 170 2.67% $10,466
BNC National Bank 164 2.29% $4,819
PLANET HOME LENDING, LLC 156 2.61% $6,167
Capital Bank 155 2.43% $6,339
Strong Home Mortgage, LLC 152 2.35% $6,144
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 144 2.64% $9,684
HOMEBRIDGE FINANCIAL SERVICES, INC. 144 2.61% $8,660
BROKER SOLUTIONS, INC. 142 2.53% $8,824
Low VA Rates, LLC 136 2.42% $7,113
Ameris Bank 131 2.61% $10,899
TJC Mortgage, Inc. 129 2.33% $6,563
APEX HOME LOANS, INC. 124 2.58% $9,102
SUN WEST MORTGAGE COMPANY, INC. 121 2.39% $5,284
ACCELERATE MORTGAGE, LLC 118 2.23% $8,469
NP, Inc. 111 2.35% $4,776
Integrity Home Mortgage Corp 111 2.83% $12,131
EAGLE HOME MORTGAGE, LLC 110 2.95% $7,990
DHI MORTGAGE COMPANY, LTD. 99 2.61% $11,119
MORTGAGE ACCESS CORP. 97 2.62% $8,343
CMG MORTGAGE, INC. 96 2.44% $9,396
SOVEREIGN LENDING GROUP INCORPORATED 95 2.47% $6,859
MUTUAL OF OMAHA MORTGAGE, INC. 94 2.64% $7,905
PRIMELENDING, A PLAINSCAPITAL COMPANY 93 2.90% $9,831
BAY CAPITAL MORTGAGE CORPORATION 93 2.55% $8,165
Meridian Bank Corporation 92 2.45% $7,354
THRIVE MORTGAGE, LLC 91 2.58% $6,771
Sandy Spring Bank 86 2.55% $10,280
Manufacturers and Traders Trust Company 85 2.64% $7,420
Wyndham Capital Mortgage, Inc. 78 2.39% $2,966
Flagstar Bank, FSB 77 2.69% $8,490
CHURCHILL MORTGAGE CORPORATION 74 2.46% $8,542
SWBC MORTGAGE CORPORATION 74 2.85% $10,818
UNION HOME MORTGAGE CORP. 71 2.41% $8,597
C & F Mortgage Corporation 70 2.91% $10,062
KS StateBank 70 2.39% $5,479
Barrington Bank & Trust Company, N.A. 68 2.78% $8,590
Magnolia Bank 65 2.50% $9,275
First Mortgage Solutions, LLC 65 2.22% $5,928
InterContinental Capital Group, Inc 61 2.47% $5,057
Mid-Continent Funding, Inc. 60 2.61% $8,066
Keystone Funding, Inc. 60 2.58% $9,702
U.S. Bank 59 2.66% $8,930
MANN FINANCIAL INC. 59 2.74% $12,441
PULTE MORTGAGE LLC 58 2.79% $7,317
ATLANTIC BAY MORTGAGE GROUP, L.L.C. 58 2.76% $11,729
First Federal Bank 58 3.18% $10,733
Citizens Bank 57 2.48% $8,667
SOUTHERN TRUST MORTGAGE, LLC 56 2.61% $6,246
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 54 2.68% $14,600
Northpointe Bank 52 2.86% $11,668
Paramount Residential Mortgage Group, Inc. 52 2.94% $11,323
Prime Choice Funding Inc. 51 2.31% $4,260
ARK-LA-TEX FINANCIAL SERVICES, LLC. 50 2.68% $8,442
K. HOVNANIAN AMERICAN MORTGAGE, L.L.C. 47 2.98% $11,265
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 47 2.82% $11,201
FIRST EQUITY MORTGAGE INCORPORATED 47 2.61% $9,272
Waterstone Mortgage Corporation 45 2.82% $13,625
Commerce Home Mortgage, Inc. 45 2.53% $5,286
LOANPAL, LLC 42 2.52% $7,477
EagleBank 41 2.53% $10,361
PRIMARY RESIDENTIAL MORTGAGE, INC. 41 2.99% $11,829
Plains Commerce Bank 39 2.59% $9,793
SECURITYNATIONAL MORTGAGE COMPANY 39 2.84% $10,715
CityWorth Mortgage LLC 38 2.57% $7,460
CONTOUR MORTGAGE CORPORATION 38 2.75% $8,098
HOMEAMERICAN MORTGAGE CORPORATION 36 2.72% $11,591
PNC Bank 34 2.88% $6,377
Alcova Mortgage LLC 34 2.64% $7,568
CBM Mortgage, Inc. 33 2.94% $9,844
Blue Ridge Bank 31 2.85% $10,706
Hometown Lenders, Inc. 30 2.93% $13,204
AmeriHome Mortgage Company, LLC 29 2.70% $3,634
ACADEMY MORTGAGE CORPORATION 29 2.66% $10,231
Paramount Bank 29 2.63% $20,588
ARC HOME LLC 29 2.61% $11,836
EQUITY RESOURCES, INC. 28 2.62% $7,102
1ST PREFERENCE MORTGAGE CORP. 27 2.82% $11,866
American Security Mortgage Corp. 27 2.42% $9,192
TIDEWATER MORTGAGE SERVICES, INC. 27 2.69% $10,391
ROUNDPOINT MORTGAGE SERVICING CORPORATION 26 3.03% $10,374
Nations Lending Corporation 26 2.80% $8,414
AMERICAN PACIFIC MORTGAGE CORPORATION 26 2.64% $7,785
Sunflower Bank 26 2.43% $7,960
OVM FINANCIAL, INC. 26 2.83% $11,676
Atlantic Union Bank 25 2.55% $9,399
STEARNS LENDING, LLC 25 2.47% $5,369
PLAZA HOME MORTGAGE, INC. 25 2.58% $8,613
FINANCE OF AMERICA MORTGAGE LLC 22 2.63% $7,762
NATIONS DIRECT MORTGAGE, LLC 22 2.90% $6,979
RESIDENTIAL MORTGAGE SERVICES, INC. 22 2.69% $7,442
CELEBRITY HOME LOANS, LLC 21 2.46% $10,088
HOMESTEAD FUNDING CORP. 20 2.39% $2,967
SEVERN SAVINGS BANK, FSB DBA SEVERN BANK 20 2.59% $9,662
GoPrime Mortgage, Inc. 20 2.74% $7,827
TBI MORTGAGE COMPANY 20 2.74% $13,080
KELLER MORTGAGE, LLC 19 2.50% $9,223
GSF Mortgage Corporation 19 3.20% $11,426
1ST FINANCIAL, INC. 18 3.09% $11,163
Credence Funding Corporation 18 2.35% $3,916
WesBanco Bank, Inc. 18 2.90% $8,339
RELIANCE FIRST CAPITAL, LLC 17 2.88% $11,171
AMERICAN FINANCING CORPORATION 17 2.48% $7,668
First Federal Bank of Kansas City 17 2.48% $6,291
Princeton Mortgage Corporation 17 2.67% $13,105
Texana Bank 16 2.45% $6,872
NORTHERN MORTGAGE SERVICES, LLC 16 2.49% $9,799
FIDELITY DIRECT MORTGAGE, LLC 16 2.84% $11,944
DAS Acquisition Company, LLC 16 3.00% $15,659
MID AMERICA MORTGAGE, INC. 16 2.77% $4,170
PHH Mortgage Corporation 16 2.98% $8,491
Goldwater Bank, N.A. 16 2.46% $10,395
First Home Bank 16 2.79% $10,708
Sierra Pacific Mortgage Company, Inc. 15 2.67% $7,652
Congressional Bank 15 2.44% $6,010
MILEND, INC. 15 3.15% $7,100
DIRECT MORTGAGE LOANS, LLC 13 2.90% $9,438
JOHNSON MORTGAGE COMPANY, L.L.C. 13 2.66% $6,926
MISSION MORTGAGE LLC 13 2.98% $10,613
LEADERONE FINANCIAL CORPORATION 13 2.50% $7,734
ZILLOW HOME LOANS, LLC 13 2.48% $3,577
MID-ISLAND MORTGAGE CORP. 13 2.61% $6,993
UNIVERSAL MORTGAGE & FINANCE, INC. 13 2.97% $13,042
FirstBank 12 2.39% $3,705
NBH Bank 12 2.40% $9,912
Armed Forces Bank 12 2.38% $7,756
UNITED SECURITY FINANCIAL CORP 11 2.03% $6,811
West Town Bank & Trust 11 2.70% $13,575
BELEM SERVICING LLC 11 2.36% $10,468
Shea Mortgage Inc. 11 2.67% $4,479
EMM LOANS LLC 11 2.94% $11,586
ENVOY MORTGAGE, LTD 11 2.77% $16,090
OCMBC, INC. 11 2.77% $10,670
LIBERTY HOME MORTGAGE CORPORATION 11 2.40% $5,260
The Central Trust Bank 11 2.25% $8,806
Assurance Financial Group, L.L.C. 11 2.70% $13,599
BAYSHORE MORTGAGE FUNDING, LLC 11 3.15% $11,656
GUILD MORTGAGE COMPANY 11 2.72% $7,899
MLD MORTGAGE INC. 11 2.59% $9,406
Century Mortgage Company DBA Century Lending Company 10 2.60% $13,186
CAPITAL CENTER, L.L.C. 10 2.59% $5,148
FBC MORTGAGE, LLC 10 2.30% $5,418
MILLENNIUM FINANCIAL GROUP, INC. 10 2.99% $10,003
CREDIT UNION MORTGAGE ASSOCIATION, INC. 9 2.86% $8,195
First Midwest Bank 9 2.36% $5,177
PREMIA MORTGAGE, LLC 9 2.36% $6,712
Virginia Credit Union, Inc. 9 2.65% $6,583
MICHIGAN MUTUAL, INC. 9 3.11% $7,949
Summit Mortgage Corporation 9 2.67% $15,983
Community First National Bank 9 2.56% $3,812
TIAA, FSB 8 2.45% $6,697
Bank of England 8 2.44% $5,057
STOCKTON MORTGAGE CORPORATION 8 2.56% $8,276
AMERICAN HOME LENDING USA, LLC 7 2.43% $3,980
Fulton Bank 7 2.84% $17,917
Florida Capital Bank 7 2.43% $5,281
HomePromise Corporation 7 2.88% $12,488
INTERLINC MORTGAGE SERVICES, LLC 7 2.91% $14,926
NATIONWIDE MORTGAGE BANKERS, INC. 7 3.04% $7,488
Watermark Capital, Inc. 7 2.34% $2,093
SUCCESS MORTGAGE PARTNERS, INC. 7 3.02% $11,891
CORNERSTONE HOME LENDING, INC. 7 2.93% $15,487
Evolve Bank & Trust 6 3.02% $11,428
Equity Prime Mortgage LLC 6 3.23% $8,019
MDE Home Loans, LLC 6 3.00% $14,967
FIRST COMMUNITY MORTGAGE, INC. 6 2.48% $5,560
ALLIED MORTGAGE GROUP, INC. 6 2.83% $3,426
LENOX FINANCIAL MORTGAGE CORPORATION 6 2.56% $3,798
LENDUS, LLC 6 2.44% $10,177
NORWICH COMMERCIAL GROUP, INC. 6 3.52% $14,024
ABSOLUTE HOME MORTGAGE CORPORATION 6 2.58% $7,813
CHERRY CREEK MORTGAGE, LLC 6 2.25% $906
NASA Federal Credit Union 6 2.77% $6,236
NEW FED MORTGAGE, CORP. 5 2.30% $2,281
Ixonia Bank 5 2.58% $10,646
First Savings Bank 5 2.63% $15,207
Fifth Third Bank 5 2.80% $6,540
US MORTGAGE CORPORATION 5 2.25% $5,690
JET HOMELOANS, LLC 5 2.75% $17,518
GUARANTY HOME MORTGAGE CORPORATION 5 2.53% $11,706
LOANLEADERS OF AMERICA, INC. 5 2.45% $6,939
T2 FINANCIAL LLC 5 3.20% $9,757
Gateway First Bank 5 2.45% $7,595
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 5 2.40% $4,754
RESIDENTIAL HOME FUNDING CORP. 5 2.40% $8,976
INTERCAP LENDING INC. 4 2.72% $15,332
INTELLILOAN, INC. 4 2.47% $4,902
Bank of America 4 3.09% $6,539
LADERA LENDING, INC. 4 2.47% $9,798
Stifel Bank and Trust 4 2.47% $7,242
Capital City Home Loans, LLC 4 2.91% $4,794
Christensen Financial, Inc. 4 2.63% $5,893
VAN DYK MORTGAGE CORPORATION 4 2.53% $7,805
EVERETT FINANCIAL, INC. 4 2.91% $16,329
Home Mortgage Alliance Corp 4 3.00% $10,661
ANGEL OAK HOME LOANS LLC 3 3.00% $5,685
OCEANSIDE MORTGAGE COMPANY 3 2.50% $1,850
JPMorgan Chase Bank 3 2.91% $13,422
Amerifirst Financial, Inc. 3 2.79% $8,938
LENDING 3, INC. 3 2.92% $9,010
AMERICAN NATIONWIDE MORTGAGE COMPANY, INC. 3 3.25% $13,075
RESIDENTIAL BANCORP. 3 2.29% $10,460
Triumph Bank 3 2.25% $4,351
Mid Penn Bank 2 2.25% $10,093
GENEVA FINANCIAL, LLC 2 2.94% $4,859
LAND HOME FINANCIAL SERVICES, INC. 2 2.25% $7,065
FLAT BRANCH MORTGAGE, INC. 2 3.06% $7,211
First Option Mortgage, LLC 2 2.88% $14,586
First National Bank of Pennsylvania 2 2.50% $7,073
MIDLAND MORTGAGE CORPORATION 2 2.31% $5,047
Hometown Equity Mortgage, LLC 2 2.88% $8,288
First Internet Bank of Indiana 2 2.56% $2,337
NATIONS RELIABLE LENDING, LLC 2 3.19% $22,012
Financial Freedom Mortgage, LLC 2 3.13% $4,275
NewTowne Mortgage, LLC 2 2.38% $3,109
NexBank 2 2.50% $9,584
Northwest Federal Credit Union 2 3.06% $13,913
PANORAMA MORTGAGE GROUP, LLC 2 3.44% $2,389
Colonial Savings, F.A. 2 2.50% $6,224
Residential Mortgage Solutions, Inc. 2 3.31% $13,223
ROSS MORTGAGE CORPORATION 2 3.38% $11,265
ROYAL UNITED MORTGAGE LLC 2 2.56% $10,364
BOKF 2 2.69% $3,273
Austin Capital Bank SSB 2 3.12% $11,865
Aurora Financial, LLC 2 2.25% $2,667
Arvest Bank 2 2.88% $8,147
Union Savings Bank 2 2.56% $22,753
UNITED MORTGAGE CORP. 2 2.75% $10,536
U S WIDE FINANCIAL LLC 2 2.25% $2,294
AMCAP MORTGAGE, LTD. 2 2.88% $18,341
VILLAGE BANK MORTGAGE CORPORATION 2 2.63% $14,026
RANLIFE, INC. 1 2.75% $30,142
BLUELEAF LENDING, LLC 1 3.25% $12,881
CERTAINTY HOME LOANS, LLC 1 2.25% $3,385
Springfield First Community Bank 1 2.63% $24,855
POLARIS HOME FUNDING CORP. 1 2.75% $19,707
Core Bank 1 2.38% $12,917
Platinum Home Mortgage Corporation 1 3.25% $8,970
Stride Bank 1 2.88% $26,417
Pinnacle Bank 1 2.25% $3,423
DIRECT MORTGAGE, CORP. 1 2.75% $7,244
Patriot Bank 1 2.38% $4,229
SUN Federal Credit Union 1 3.13% $5,516
PARKSIDE LENDING, LLC 1 2.63% $16,574
JMAC LENDING, INC. 1 2.25% $3,794
Advisors Mortgage Group, L.L.C. 1 2.38% $14,678
ONY GLO, INC. 1 2.25% $1,363
Atlantic Home Loans, Inc. 1 2.38% $5,704
TCF National Bank 1 2.38% $4,806
TD Bank 1 2.63% $4,499
FAMILY FIRST FUNDING LLC 1 3.25% $18,366
Texas Bank Financial 1 2.13% $0
Farmers & Stockmens Bank 1 2.25% $0
FEDCHOICE Federal Credit Union 1 2.75% $13,914
The Huntington National Bank 1 3.00% $4,288
THE MORTGAGE FIRM, INC. 1 2.88% $7,122
THE MORTGAGE LINK, INC. 1 2.63% $9,970
The Union Bank Company 1 3.25% $8,128
Academy Bank 1 2.50% $21,763
First International Bank & Trust 1 2.25% $3,368
MORTGAGE SOLUTIONS OF COLORADO, LLC 1 2.63% $10,101
MORTGAGEONE, INC. 1 2.50% $5,447
Mortgage Network, Inc. 1 3.13% $7,845
Towne First Mortgage, LLC 1 2.88% $10,867
TOWNE MORTGAGE COMPANY 1 2.63% $10,940
Towne Mortgage, LLC 1 2.88% $10,661
MORTGAGE EQUITY PARTNERS LLC 1 2.50% $5,279
First National Bank 1 2.25% $3,299
MORIA DEVELOPMENT, INC. 1 3.25% $3,244
JET DIRECT FUNDING CORP 1 3.25% $12,742
JAMES B. NUTTER & COMPANY 1 2.88% $1,567
UNITED NORTHERN MORTGAGE BANKERS LIMITED 1 2.75% $2,182
MEADOWBROOK FINANCIAL MORTGAGE BANKERS CORP. 1 2.88% $9,183
MASON MCDUFFIE MORTGAGE CORPORATION 1 2.38% $3,088
First State Bank of St. Charles, Missouri 1 2.25% $2,886
AMERICAN FINANCIAL RESOURCES, INC. 1 4.13% $16,027
AMERICAN ADVISORS GROUP 1 2.38% $5,262
First Western Trust Bank 1 3.00% $13,526
Wilmington Savings Fund Society, FSB 1 2.75% $14,611
F & M Bank 1 2.25% $7,487
ISERVE RESIDENTIAL LENDING, LLC 1 3.75% $23,261
IMPAC MORTGAGE CORP. 1 2.38% $1,688
RESOURCE FINANCIAL SERVICES, INC. 1 2.50% $39,152
LOANFLIGHT LENDING, LLC 1 2.25% $1,284
RUOFF MORTGAGE COMPANY, INC. 1 3.00% $4,267
S1L, Inc. 1 2.99% $2,552
CANOPY MORTGAGE, LLC 1 2.38% $3,822
SeaTrust Mortgage Company 1 3.00% $5,998
CALCON MUTUAL MORTGAGE LLC 1 3.00% $22,555
Service Federal Credit Union 1 2.88% $3,293
GEO-CORP, INC. 1 2.75% $14,756
Renasant Bank 1 2.99% $19,486

The top Washington VA lender as defined by loan originations is FREEDOM MORTGAGE CORPORATION, with 3,397 VA loans originated. Their average total fees are $4,423, which is $1,865 lower than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee Washington VA lenders (with over 10 loans originated) are Wyndham Capital Mortgage, Inc. ($2,966), HOMESTEAD FUNDING CORP. ($2,967), Lakeview Community Capital, LLC ($3,147), LAKEVIEW LOAN SERVICING, LLC ($3,149) and ZILLOW HOME LOANS, LLC ($3,577).

The lowest rate Washington VA lenders (with over 10 loans originated) are UNITED SECURITY FINANCIAL CORP (2.03%), First Mortgage Solutions, LLC (2.22%), ACCELERATE MORTGAGE, LLC (2.23%), The Central Trust Bank (2.25%) and VILLAGE CAPITAL & INVESTMENT LLC (2.26%).


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Washington (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
2018-01-01 $430,040 (1.8%) $642,544 (1.8%) 1.58 12,254
2018-02-01 $442,888 (2.4%) $657,015 (1.3%) 1.60 12,100
2018-03-01 $464,900 (3.4%) $670,536 (1.3%) 1.61 13,471
2018-04-01 $474,999 (2.2%) $680,805 (1.7%) 1.59 15,372
2018-05-01 $475,000 (1.3%) $681,457 (2.0%) 1.58 16,663
2018-06-01 $475,000 (1.3%) $677,481 (2.3%) 1.58 17,313
2018-07-01 $465,450 (1.2%) $660,538 (1.6%) 1.55 17,706
2018-08-01 $449,950 (0.1%) $640,743 (1.6%) 1.50 17,781
2018-09-01 $449,900 (0.0%) $638,911 (0.2%) 1.50 18,409
2018-10-01 $449,910 (0.2%) $640,352 (0.4%) 1.50 18,552
2018-11-01 $444,950 (0.6%) $636,335 (0.2%) 1.49 17,351
2018-12-01 $434,900 (1.1%) $634,693 (-0.2%) 1.49 14,141
2019-01-01 $432,450 (0.6%) $641,940 (-0.1%) 1.49 12,020
2019-02-01 $446,990 (0.9%) $657,373 (0.1%) 1.50 11,673
2019-03-01 $464,143 (-0.2%) $673,643 (0.5%) 1.51 12,591
2019-04-01 $481,000 (1.3%) $686,059 (0.8%) 1.51 13,712
2019-05-01 $489,450 (3.0%) $692,615 (1.6%) 1.51 15,046
2019-06-01 $489,508 (3.1%) $691,379 (2.1%) 1.51 15,663
2019-07-01 $475,000 (2.1%) $674,786 (2.2%) 1.48 15,548
2019-08-01 $475,000 (5.6%) $677,659 (5.8%) 1.49 15,128
2019-09-01 $475,495 (5.7%) $685,811 (7.3%) 1.51 14,800
2019-10-01 $479,900 (6.7%) $697,968 (9.0%) 1.53 14,918
2019-11-01 $475,970 (7.0%) $706,371 (11.0%) 1.54 13,694
2019-12-01 $471,857 (8.5%) $717,482 (13.0%) 1.57 10,721
2020-01-01 $469,900 (8.7%) $725,458 (13.0%) 1.57 9,317
2020-02-01 $485,000 (8.5%) $747,255 (13.7%) 1.57 8,939
2020-03-01 $504,950 (8.8%) $770,507 (14.4%) 1.58 9,609
2020-04-01 $499,950 (3.9%) $743,918 (8.4%) 1.56 10,407
2020-05-01 $510,000 (4.2%) $767,376 (10.8%) 1.55 10,307
2020-06-01 $529,958 (8.3%) $791,963 (14.6%) 1.55 9,747
2020-07-01 $529,945 (11.6%) $801,057 (18.7%) 1.52 8,964
2020-08-01 $525,000 (10.5%) $801,739 (18.3%) 1.50 8,596
2020-09-01 $519,250 (9.2%) $793,857 (15.8%) 1.48 9,008
2020-10-01 $502,000 (4.6%) $773,057 (10.8%) 1.43 9,458
2020-11-01 $499,900 (5.0%) $788,352 (11.6%) 1.43 8,941
2020-12-01 $497,200 (5.4%) $801,084 (11.7%) 1.46 7,443
2021-01-01 $489,000 (4.1%) $822,931 (13.4%) 1.44 6,271
2021-02-01 $489,950 (1.0%) $823,620 (10.2%) 1.41 5,733
2021-03-01 $494,900 (-2.0%) $802,716 (4.2%) 1.39 6,357
2021-04-01 $504,948 (1.0%) $798,711 (7.4%) 1.36 6,976
2021-05-01 $509,900 (0.0%) $786,632 (2.5%) 1.34 7,616
2021-06-01 $524,950 (-0.9%) $783,240 (-1.1%) 1.36 8,869
2021-07-01 $512,030 (-3.4%) $757,576 (-5.4%) 1.33 9,788
2021-08-01 $506,000 (-3.6%) $737,554 (-8.0%) 1.33 10,048
2021-09-01 $509,500 (-1.9%) $737,932 (-7.0%) 1.34 10,606
2021-10-01 $509,900 (1.6%) $740,625 (-4.2%) 1.34 10,234
2021-11-01 $505,000 (1.0%) $749,330 (-5.0%) 1.33 8,424
2021-12-01 $500,000 (0.6%) $767,792 (-4.2%) 1.33 6,400
2022-01-01 $500,000 (2.3%) $811,720 (-1.4%) 1.33 4,856
2022-02-01 $527,500 (7.7%) $832,769 (1.1%) 1.34 4,836
2022-03-01 $544,950 (10.1%) $835,985 (4.1%) 1.35 5,292
2022-04-01 $565,000 (11.9%) $826,921 (3.5%) 1.33 5,985
Washington's median listing price for 2022-04-01 was $565,000, a difference of $60,052 (11.9%) versus the prior year and $20,050 versus the prior month.

Washington's median listing price comes in at 133% of the national average.

Washington's average listing price for 2022-04-01 was $826,921, a difference of $28,210 (3.5%) versus the prior year and $-9,064 versus the prior month.

For the 2022-04-01 period, Washington had 5,985 MLS listings, a difference of 693 listings (13%) versus the prior month and -991 listings (-14%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Washington (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 71 days 2,120 sqft
2018-02-01 52 days 2,170 sqft
2018-03-01 36 days 2,181 sqft
2018-04-01 33 days 2,198 sqft
2018-05-01 32 days 2,200 sqft
2018-06-01 39 days 2,246 sqft
2018-07-01 44 days 2,201 sqft
2018-08-01 46 days 2,163 sqft
2018-09-01 47 days 2,130 sqft
2018-10-01 47 days 2,105 sqft
2018-11-01 51 days 2,112 sqft
2018-12-01 63 days 2,134 sqft
2019-01-01 71 days 2,155 sqft
2019-02-01 55 days 2,195 sqft
2019-03-01 35 days 2,260 sqft
2019-04-01 30 days 2,317 sqft
2019-05-01 32 days 2,331 sqft
2019-06-01 37 days 2,358 sqft
2019-07-01 43 days 2,310 sqft
2019-08-01 45 days 2,304 sqft
2019-09-01 45 days 2,294 sqft
2019-10-01 43 days 2,257 sqft
2019-11-01 50 days 2,228 sqft
2019-12-01 63 days 2,202 sqft
2020-01-01 65 days 2,188 sqft
2020-02-01 39 days 2,212 sqft
2020-03-01 29 days 2,250 sqft
2020-04-01 35 days 2,216 sqft
2020-05-01 44 days 2,224 sqft
2020-06-01 37 days 2,211 sqft
2020-07-01 33 days 2,134 sqft
2020-08-01 30 days 2,040 sqft
2020-09-01 28 days 1,928 sqft
2020-10-01 36 days 1,840 sqft
2020-11-01 41 days 1,781 sqft
2020-12-01 48 days 1,738 sqft
2021-01-01 50 days 1,664 sqft
2021-02-01 40 days 1,600 sqft
2021-03-01 32 days 1,664 sqft
2021-04-01 30 days 1,731 sqft
2021-05-01 30 days 1,800 sqft
2021-06-01 29 days 1,815 sqft
2021-07-01 31 days 1,815 sqft
2021-08-01 33 days 1,816 sqft
2021-09-01 35 days 1,786 sqft
2021-10-01 35 days 1,752 sqft
2021-11-01 41 days 1,686 sqft
2021-12-01 48 days 1,663 sqft
2022-01-01 51 days 1,610 sqft
2022-02-01 34 days 1,671 sqft
2022-03-01 28 days 1,746 sqft
2022-04-01 28 days 1,840 sqft
Washington's median listing age (time on market) for 2022-04-01 was 28 days. This is -5% shorter than the same period one year ago.

Washington's median square footage for active listings during the 2022-04-01 period was 1,840 sqft. One year prior, the average listing was 1,731 sqft.

VA Loan Features

  • No down payment required
  • Negotiable and competitive interest rate.
  • Ability to finance the VA funding fee (plus reduced funding fees with a down payment of at least 5 percent and exemption for veterans receiving VA compensation).
  • VA rules limit the amount you can be charged for closing costs.
  • Closing costs are comparable with other financing types (and may be lower).
  • Closing costs may be paid by the seller.
  • No private mortgage insurance premiums are required.
  • An assumable mortgage.
  • Right to prepay your mortgage without penalty.
  • For homes inspected by VA during construction, a warranty from builder and assistance from VA to obtain cooperation of builder.
  • VA assistance to veteran borrowers in default due to temporary financial difficulty.