Mortgage pre-approval in Washington.

Closing commonly handled by

escrow and title company

State housing agency

Washington State Housing Finance Commission

Stellar agency approval

Not a participating lender

2026 conforming limit

$832,750 (higher in 3 of 39 counties, up to $1,063,750)

2026 FHA limit

$541,287 to $1,063,750, by county

Our license

Consumer Loan Company License

Company NMLS

#2190975

Your officer

Steve Umansky, NMLS #61764

What we offer in Washington

Purchase and refinance loans for primary residences, second homes and investment properties. We offer conventional loans with low down payment options, FHA loans with a low down payment, VA and USDA loans with little or no money down for eligible buyers and properties, and jumbo, renovation and non-QM financing, including bank statement and DSCR loans. Full list: all loan programs.

How closings work in Washington

Washington closings are commonly handled in escrow by a title or escrow company. Washington has no state income tax, and the seller’s excise tax is a real cost on the sale side, which matters if you are selling one home to buy another.

Transfer and recording taxes. Washington’s real estate excise tax is graduated: 1.1 percent of the price up to $525,000, 1.28 percent on the part from there to $1,525,000, 2.75 percent on the part from there to $3,025,000, and 3 percent above that, through December 31, 2026. Local excise tax is added. The Department of Revenue says the seller usually pays, and the buyer is responsible if the seller does not. The price thresholds adjust on January 1, 2027. Source: Washington Department of Revenue, real estate excise tax. Property taxes are set locally; we take the figure from the tax record for the address.

Loan limits in Washington

For 2026 the conforming loan limit for a one-unit home is $832,750 (higher in 3 of 39 counties, up to $1,063,750). Loans above the county limit are jumbo. FHA limits are set separately by HUD for each county. Sources: FHFA conforming loan limit values and HUD FHA mortgage limits.

First-time buyer programs in Washington

The Washington State Housing Finance Commission runs Washington’s homebuyer programs, which can include a first mortgage and help with the down payment and closing costs for buyers who meet its income and purchase price limits. This is general information: Stellar Mortgage is not a participating lender for these programs. We offer conventional loans with low down payment options, FHA loans with a low down payment, VA and USDA loans with little or no money down for eligible buyers and properties, and jumbo, renovation and non-QM financing, and we will tell you when an agency program looks like the better fit. Official source: Washington State Housing Finance Commission. See also our first-time buyer guide.

USDA eligibility is decided address by address: check the property on the USDA eligibility map. VA: no VA minimum credit score; lender overlays apply.

Questions Washington buyers ask

Washington notice. Stellar Mortgage Corporation, NMLS #2190975. NMLS Consumer Access.

Loan limits, tax rates and agency programs are set by third parties and change. Confirm current figures before relying on them. Not a commitment to lend.