Washington Mortgage Lender

Bayview Residential Brokerage is a licensed Washington mortgage broker (NMLS ID 329189) helping buyers and homeowners across the state finance the right home at the right terms. Because we are a broker rather than a single bank, we shop dozens of wholesale lenders on your behalf and bring back the most competitive fit, whether you are buying in the Seattle metro, the South Sound, the Vancouver area or the Spokane region.

This page covers the essentials for financing a home anywhere in Washington in 2026, and you can follow the links to your city for local detail.

The Washington housing market in 2026

Washington spans several distinct markets. The Seattle metro, including Bellevue, Everett, Renton, Kent and Federal Way, is the largest and priciest, driven by a powerhouse technology and aerospace economy. Tacoma and the South Sound offer relative value with a large military community around Joint Base Lewis-McChord, Vancouver draws buyers from across the river in Portland, and Spokane anchors a far more affordable Inland Northwest.

After several years of rapid gains, prices across most of Washington have leveled off and homes are taking longer to sell, giving buyers more negotiating room. Because prices and loan limits vary so much by region, matching the loan to the local market is where a broker adds real value.

Loan programs for Washington 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 across the state.

VA loans. Washington has a large military community, from Joint Base Lewis-McChord near Tacoma to Naval Station Everett and Fairchild Air Force Base near Spokane. Eligible veterans and service members can buy with zero down and no monthly mortgage insurance.

USDA loans. Zero-down financing for eligible rural communities, common in eastern Washington and outside the metro areas.

Jumbo loans. For higher-priced homes above the conforming limit, most common in Bellevue, Seattle and the Eastside.

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

Down payment assistance and taxes

Washington buyers can get 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 House Key programs offer additional help for eligible buyers, including options targeted to veterans and specific communities. On the tax side, Washington has no state income tax, and property taxes are moderate and budget-based, with limits on how quickly local levies can grow. When we prepare your pre-approval, we include realistic tax and insurance estimates so your monthly number is the real one.

Why work with Bayview in Washington

A retail bank can only offer its own products. As a broker, Bayview Residential Brokerage shops dozens of lenders on your behalf and brings back the most competitive fit, which is especially valuable in Washington, where jumbo pricing on the Eastside and program guidelines vary widely from lender to lender. You do all your comparison shopping with one company, and you keep the same advisor from your first question through closing day. We are licensed across Washington, Oregon, California, Arizona and Hawaii.

Washington mortgage FAQs

What are the 2026 conforming loan limits in Washington?

Most counties use the baseline of $832,750 for a single-family home in 2026, while King, Snohomish and Pierce counties are set at $1,063,750. Loans above the county limit are jumbo.

Is Bayview licensed to lend in Washington?

Yes. Bayview Residential is a licensed Washington mortgage broker (NMLS ID 329189) serving buyers statewide.

What down payment assistance is available in Washington?

The Washington State Housing Finance Commission offers the Home Advantage program and House Key down payment assistance, including veteran-focused options, for qualified buyers.

Does Washington have a state income tax?

No. Washington has no state income tax, and property taxes are moderate and budget-based, which many buyers find appealing.

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