Bellevue Mortgage Lender

As an independent mortgage broker licensed in Washington, Bayview Residential Brokerage helps Bellevue buyers and homeowners finance the right home at the right terms. As the heart of the Eastside and a major technology hub, Bellevue is one of the region's highest-priced markets, so financing here often means a jumbo loan. As a broker, we shop a wide set of jumbo lenders so you are not limited to one bank.

Below is a plain-English guide to buying or refinancing in Bellevue in 2026: the market, when jumbo applies, the programs available, and the neighborhoods we serve.

The Bellevue housing market in 2026

Bellevue remains a premium Eastside market. As of 2026 the median Bellevue home price is around $1,500,000, essentially flat year over year. A concentration of high-wage technology jobs, top-rated schools and limited inventory keeps demand strong across the city.

Because the typical Bellevue home sells well above King County's high-cost conforming limit of $1,063,750, most purchases here require jumbo financing. For buyers with equity compensation, being matched with the right jumbo lender matters as much as the rate, which is exactly where a broker helps.

Loan programs for Bellevue buyers

Conventional loans. The default for buyers with solid credit, with as little as 3% down for qualified first-time buyers.

FHA loans. A lower 3.5% down payment and flexible qualifying, popular with first-time and credit-building buyers. The 2026 FHA limit in King County is $1,063,750 for a single-family home.

VA loans. Eligible veterans and active-duty service members can buy in Bellevue with a VA loan, including higher-balance VA options for the area's price points. Zero down payment and no monthly mortgage insurance for those who qualify.

USDA loans. Zero-down financing for eligible rural communities near the area, for buyers within the income limits.

Jumbo loans. Financing above the conforming limit for higher-priced homes. In Bellevue jumbo financing is the norm for most single-family homes.

Reverse mortgages. For homeowners 62 and older who want to convert equity into cash without a monthly mortgage payment.

Down payment assistance for Bellevue buyers

Washington offers help with the down payment through the Washington State Housing Finance Commission (WSHFC). Its Home Advantage program pairs a competitive first mortgage with down payment assistance, and additional House Key programs offer help for eligible buyers, including targeted options for veterans and specific communities. Eligibility depends on income, credit and a homebuyer education seminar. We help Bellevue buyers find and coordinate the right program with the loan.

Taxes and the cost of owning in Washington

Washington has no state income tax, which is a meaningful draw for many buyers and can leave more room in the budget for a mortgage. Property taxes are moderate and budget-based, with statutory limits on how quickly local levies can grow, which keeps them relatively predictable. When we prepare your pre-approval, we include realistic tax and insurance estimates so your monthly number is the real one.

Buying across Bellevue

West Bellevue and Clyde Hill hold many of the area's luxury homes firmly in jumbo territory, Somerset and the Newport area draw families for schools and views, and downtown Bellevue and the Spring District offer a growing condo market. We tailor the financing to the property and to income profiles that include equity compensation.

How the process works with Bayview

1. Pre-approval. We review your income, credit and goals, then issue a pre-approval so you can shop with confidence and make strong offers.

2. Shop and compare. Once you are under contract, we shop your loan across our lender network and bring back the most competitive fit on rate and fees.

3. Underwriting. We manage document collection and work the file through underwriting, keeping you and your agent updated.

4. Closing. Most purchases close in about 30 days from contract. You sign, fund and get the keys.

Refinancing your Bellevue home

Already own in Bellevue? Refinancing can lower your rate or payment, shorten your term, or let you tap equity through a cash-out refinance for a remodel or to consolidate debt. With how much Washington home values have risen over the past several years, many local homeowners have significant usable equity. We run the numbers both ways and only recommend a refinance if it actually moves you forward.

Bellevue mortgage FAQs

Do I need a jumbo loan to buy in Bellevue?

Usually, yes. The median Bellevue home sells well above the 2026 high-cost conforming limit of $1,063,750, so most purchases require jumbo financing.

What is the conforming loan limit in Bellevue?

Bellevue is in King County, a high-cost area, so the 2026 conforming limit is $1,063,750. Loans above that are jumbo.

Can you work with equity compensation?

Yes. Many Eastside buyers have RSUs or other equity income, and we match you with lenders experienced in underwriting that profile.

Do you offer FHA and VA loans in Bellevue?

Yes. FHA and VA loans (2026 King County limit $1,063,750) are available for eligible borrowers, alongside conventional and jumbo financing.

Does Washington have a state income tax?

No. Washington has no state income tax, and property taxes are moderate and budget-based.

How long does it take to close in Bellevue?

Most purchases close in about 30 days, though jumbo files can take a little longer.

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Nearby cities we serve

Seattle  ·  Renton  ·  Everett  ·  Kent
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Plan your numbers

Affordability calculator  ·  Mortgage calculator  ·  Refinance calculator