Washington

Branches located in Washington

Kennewick

Bothell

Welcome to Washington

Known for its lush forests, stunning coastline, and iconic mountain ranges, Washington offers a unique blend of natural beauty and metropolitan innovation. From the bustling tech hub of Seattle to the tranquil shores of the Puget Sound, the Evergreen State is a haven for outdoor enthusiasts and urban adventurers alike.

Washington’s economy thrives on industries like aerospace, technology, agriculture, and maritime trade. With major companies like Boeing and Microsoft headquartered here, the state stands as a leader in innovation. In addition to its economic strength, Washington’s commitment to sustainability and green energy continues to attract families, professionals, and veterans alike. Military families benefit from Washington’s robust support systems, quality healthcare, and numerous recreational opportunities. Discover the vibrant culture and natural wonders that make Washington a unique place to call home.

Major Washington Cities

Washington’s most prominent cities reflect the state’s cultural and economic diversity. From the vibrant streets of Seattle to the charming waterfront of Tacoma, these cities offer a variety of experiences. This section explores the highlights and attractions of Washington’s metropolitan areas, showcasing their importance in the state’s economic and social landscape.

Quick Links To Other City Pages

Seattle

Spokane

Tacoma

Vancouver

Bellevue

Kent

Everett

Renton

Veteran Benefits in Washington

Washington is committed to supporting its veterans through a wide range of benefits, including financial assistance, healthcare services, and educational programs. Whether you're transitioning from active duty or have been a longtime resident, the state’s veteran benefits are designed to honor your service and make life more affordable and fulfilling.

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Washington's Military Presence

Washington plays a critical role in the nation’s defense infrastructure, hosting several key military installations that contribute to national security and the local economy. From joint bases supporting multiple branches to specialized naval facilities, Washington’s military footprint strengthens both local communities and the broader armed forces.

• Joint Base Lewis-McChord: Located near Tacoma, JBLM is one of the largest military installations in the western United States, housing both Army and Air Force personnel.
• Naval Base Kitsap: Situated on the Kitsap Peninsula, this base supports the U.S. Navy’s Pacific Fleet, including submarines and aircraft carriers.
• Fairchild Air Force Base: Home to the 92nd Air Refueling Wing, Fairchild AFB plays a significant role in air mobility and refueling operations.
• Naval Station Everett: A strategically important base supporting naval operations in the Pacific Northwest, Everett houses guided-missile destroyers and other vessels.
• Bangor Submarine Base: Part of Naval Base Kitsap, Bangor is a key center for the Navy’s ballistic missile submarine fleet.

Washington VA Loan Requirements

VA loan requirements in Washington align closely with federal guidelines, offering veterans, active-duty personnel, and eligible surviving spouses significant benefits. To qualify for a VA loan, applicants typically need to meet one or more of the following service criteria:

• 90 days of active service during wartime
• 181 continuous days of active service during peacetime
• 6 or more years of service in the National Guard or Reserves
• Unremarried surviving spouse of a servicemember who died in the line of duty or from a service-related disability

In addition to service requirements, borrowers must meet conditions such as acceptable credit, income verification, and occupancy obligations. VA loans in Washington are designed to simplify the path to homeownership for veterans and military families.

Washington VA Loan Limits

Washington's VA loan limits vary by county but generally follow the standard conforming loan limit of $766,550 for a single-family home in most areas. High-cost areas like King County and Snohomish County feature increased limits, reflecting the higher cost of living and real estate prices.

It's important to note that VA loan limits do not restrict the amount you can borrow. Instead, they cap how much of the loan is covered by the VA guarantee. Veterans with full entitlement can often borrow above county limits without needing a down payment.

VA Loan Entitlement in Washington

VA loan entitlement determines how much the VA guarantees on your home loan. This can significantly impact down payment requirements for loans exceeding county limits. There are two forms of entitlement:

• Full Entitlement: Veterans with full entitlement can borrow up to the county limit without a down payment. This typically applies to first-time VA loan users or those who have paid off previous VA loans.
• Remaining Entitlement: If a portion of entitlement is tied to an existing VA loan, remaining entitlement can still be used for additional purchases but may require a down payment if the loan exceeds the county loan limit.

VA Loan Rates in Washington

Interest rates for VA loans in Washington are often lower than those for conventional loans, providing veterans with competitive financing options. VA loan rates fluctuate based on factors such as credit score, loan amount, and market conditions. With no private mortgage insurance (PMI) and reduced fees, VA loans remain an attractive option for military borrowers.

Types of VA Mortgage Programs in Washington

• VA Purchase Loan: Facilitates the purchase of a primary residence with no down payment required in most cases.
• VA Cash-Out Refinance Loan: Allows homeowners to refinance an existing mortgage and convert home equity into cash.
• VA Streamline Refinance (IRRRL): A simplified refinancing option aimed at reducing interest rates and monthly payments with minimal paperwork and no appraisal.

How to Get a VA Loan in Washington

The process for obtaining a VA loan in Washington involves several steps:

1. Obtain a Certificate of Eligibility (COE): This document verifies your eligibility for VA loan benefits. Lenders can often retrieve this electronically.
2. Pre-Approval Process: Work with a VA-approved lender to determine your budget and secure pre-approval for a loan.
3. Find a Property: Work with a real estate agent familiar with VA loans to locate a suitable property that meets VA standards.
4. VA Appraisal and Approval: The home must pass a VA appraisal to ensure it meets the agency’s requirements for safety and value.
5. Closing: Once approved, you can close on the home, enjoying the benefits of no PMI and competitive rates.

VA loans offer Washington veterans a pathway to homeownership with fewer financial barriers and more favorable terms compared to conventional loans.

Real Estate in Washington

Washington’s real estate market offers a diverse range of housing options, from modern urban developments in Seattle to suburban communities in Bellevue and Tacoma. The state’s growing economy, driven by technology, aerospace, and agriculture, makes it an attractive destination for homebuyers. Veterans benefit from favorable VA loan terms, making homeownership accessible even in competitive markets.

The scenic appeal of Washington, with its proximity to mountains, forests, and coastline, adds to the allure of settling down in the state. Whether you are drawn to the fast-paced city life of Seattle or the quieter communities in Spokane or Bellingham, Washington provides a variety of housing opportunities for veterans and their families.