Washington Va Mortgage Lender
Welcome to Capital Home Mortgage Washington, where we specialize in helping our veterans achieve their dreams of homeownership through VA home loans. As trusted leaders in Washington’s VA mortgage lending, we take pride in offering competitive rates and minimal fees while delivering an exceptional lending experience that honors your service.
Your sacrifice for our nation deserves nothing less than our absolute dedication to making your homebuying journey smooth and rewarding. Whether you’re a first-time VA loan recipient or have previously used your benefits, our team of specialized VA loan officers will guide you through every step with the attention and respect you’ve earned. We believe that using your VA home loan benefit should be an exciting milestone, not a source of stress.
What sets us apart is our comprehensive in-house approach to lending. From application to funding, every aspect of your loan is managed under one roof by our dedicated team. Our streamlined process, featuring in-house processing and underwriting, enables us to make swift, sensible decisions while ensuring on-time closings. As a direct VA endorser, we maintain complete control over your loan journey, eliminating the uncertainties that often come with third-party involvement.
Ready to explore your VA home loan options with a lender who truly understands your needs? Our expert VA loan officers are standing by to discuss today’s competitive rates and answer any questions you may have. Take the first step toward homeownership by calling us at (253) 528-4417. At Capital Home Mortgage Washington, we’re not just processing loans – we’re helping heroes find their way home.
Washington Mortgage Rates
Washington Military Presence
Washington state is home to several prominent military bases, each with its unique significance. Here are some of the key bases:
- Joint Base Lewis-McChord (JBLM): Located near Tacoma, JBLM is one of the largest military bases in the United States. It serves as a training and mobilization center for the Army, Navy, Air Force, and Marines. JBLM is also home to the I Corps, 62nd and 446th Airlift Wings, 7th Infantry Division, and Madigan Army Medical Center.
- Fairchild Air Force Base: Situated near Spokane, Fairchild AFB is a key base for the Air Force, with a focus on air refueling and tanker operations. The base has been in operation since 1942 and plays a crucial role in supporting military operations worldwide.
- Naval Base Kitsap: Located on the Kitsap Peninsula, Naval Base Kitsap is a major naval base that supports a variety of strategic missions, including submarines, aircraft carriers, and shipyard operations. The base is also home to several research and development commands.
- Naval Air Station Whidbey Island: Situated on Whidbey Island, this naval air station is a key base for naval aviation operations, with a focus on electronic warfare and maritime patrol missions.
- Naval Station Everett: Located in Everett, Naval Station Everett is a naval base that supports a variety of ships, including aircraft carriers and destroyers.
These military bases play important roles in supporting national defense and security operations, while also contributing to the local economies and communities.
A Washington VA Home Loan is a mortgage loan available to veterans, active duty service members, and eligible surviving spouses in Washington state that is guaranteed by the U.S. Department of Veterans Affairs (VA). It’s part of the national VA loan program, but specifically for properties in Washington state.
Key features of Washington VA Home Loans include:
- No down payment is required in most cases
- No private mortgage insurance (PMI) required
- Competitive interest rates compared to conventional loans
- Limited closing costs, with some fees capped by the VA
- More flexible credit requirements than conventional loans
- Option to refinance existing loans through the VA Interest Rate Reduction Refinance Loan (IRRRL)
To qualify for a Washington VA Home Loan, you must:
- Meet the VA’s service requirements (such as minimum service time)
- Obtain a Certificate of Eligibility (COE) from the VA
- Plan to use the home as your primary residence
- Meet the lender’s credit and income requirements
- Buy a property in Washington state that meets VA property standards
While the VA provides the guarantee for these loans, they are issued by private lenders who are approved to offer VA loans in Washington state. The VA guarantee reduces the risk for lenders, which is why they can offer more favorable terms to veterans and service members.
VA home loans are mortgages backed by the U.S. Department of Veterans Affairs. It is intended to assist qualifying veterans, active-duty service personnel, and surviving spouses in becoming homeowners. VA home loans are offered by private lenders. The VA guarantees a portion of the loan, allowing the lender to provide the borrower with more advantageous terms.
Home loans offered by the VA can be used for any of the following: purchasing, building, improving, or refinancing a home. Borrowers who meet the criteria for eligibility still need to have the minimum credit and income requirement necessary for the loan amount they wish to take out.
Qualification Requirements of a VA Home Loan
Multiple active duty service requirements must be met to qualify for a VA home loan, and these requirements vary depending on the length of time served.
If you served between August 2, 1990, and to present, you must have either:
- At least 24 consecutive months of service, the entire period (of at least 90 days) for which you were called or ordered to active duty, or you must have served for the whole time you were called or ordered to active duty;
- At least ninety days if you were discharged due to a reduction in force or a hardship;
- At least ninety days if you were discharged due to a hardship or a reduction in force. Less than ninety days if you were discharged due to a service-connected disability.
If you served between August 8, 1980, and August 1, 1990, you have met the minimum active-duty service requirement if you served for:
- At least 24 months in a row, or;
- The full-time you were called to active duty (at least 181 days) or;
- At least 181 days if you were let go because of a hardship or a cut in force. Less than 181 days if you were let go because of a service-related disability.
For complete eligibility requirements about VA home loans, visit the VA housing assistance page.
Qualifications for a VA-backed mortgage loan include good credit, regular income, and a current Certificate of Eligibility (COE). Moreover, one must be the primary occupant of the dwelling.
For a home to be eligible for a VA loan, it must meet the VA Minimum Property Requirements (MPRs) set forth by the Department of Veterans Affairs. The property’s safety and condition depend on your compliance with these regulations.
Apply For A Washington VA Home Loan
At Capital Home Mortgage Washington, we aim to simplify the application process. We handle your application from beginning to end and assist you in locating the most suitable loan program for your needs. Direct mortgage lending allows us to provide competitive interest rates and low fees. Call us at (253) 528-4417 and get your Washington VA loan today.
Washington VA Eligibility
The Washington VA Home Loan can be used for a Washington VA Purchase Loan, a Washington VA “IRRRL” Streamline Refinance Loan, or a Washington VA Refinance Cash Out Conversion refinance which allows a mortgage conversion from another type of mortgage to a Washington VA Home Mortgage. To be eligible you must meet one of the following criteria.
- Active Duty – 90 days Wartime / 180 Days Peacetime
- Honorable Discharged – 22 Months of Completed Service
- National Guard / Reserves – 6 Years Completed Service
- Spouse of a Service Member who Died in the line of Duty or Service related Disability
Washington VA Purchase Loan
Capital Home Mortgage Washington is proud to serve Washington Veterans in obtaining home ownership in Washington. The benefits of a Washington VA Home Loan Purchase are many. Contact one of our Washington VA Loan Officer to discuss all the benefits and options. Thank you again for you service!
Proudly serving active duty service members, active reservists, honorably discharged service members, as well as retired, disabled service members and surviving spouses achieve their dream of home ownership.
- Simply Qualifying for Veterans
- No Down Payment Required
- Lower Credit Scores Accepted
- Manual Underwriting Allowed
- No Monthly Mortgage Insurance
- Seller concessions to 4%
- higher debt to income Allowed
- Manufactured homes permitted
Capital Home Mortgage Washington is proud to serve Washington Veterans in reducing the mortgage payment through a streamline refinance AKA “IRRRL” VA home loan.
Contact our Washington VA Loan Officers to discuss the streamline process and how simple it is to reduce your payments. Thank you again for you service!
Proudly serving active duty service members, active reservists, honorably discharged service members, as well as retired, disabled service members and surviving spouses reduce their mortgage payments.
- VA IRRRL Rate & Term
- Streamline Option
- No Appraisal Required
- No Income Verification
Capital Home Mortgage Washington is proud to serve Washington Veterans in converting their current mortgage program over to a Washington VA Home Mortgage and enjoy the many benefits of a Washington VA home loan. Contact our Washington VA Loan Officers to discuss the streamline process and how simple it is to reduce your payments. Thank you again for you service!
Proudly serving active duty service members, active reservists, honorably discharged service members, as well as retired, disabled service members and surviving spouses reduce their mortgage payments.
- Cash-Out or Loan Conversion
- Full Documentation
- Appraisal Required
- Income Verification Required
Apply for a Washington VA Home Loan!
Take advantage of one of the most valuable benefits you’ve earned through your service – a VA Home Loan. This powerful program allows Veterans like you to become homeowners without the typical hurdles of a down payment or monthly mortgage insurance. If you’re considering buying a home in Washington State, our expert team at Capital Home Mortgage Washington would love to help you explore whether a VA Home Loan is your best path to homeownership.
Ready to learn more? Our experienced VA Loan Officers are here to answer all your questions. Give us a call today at (253) 528-4417 and let’s start your journey home.
Why Washington is Choosing Capital Home Mortgage
Close On Time
Complete Control from Application to Funding
Competitive Rates & Fees
Direct Lender with Complete Mortgage Programs
Exceptional Service
Customer Support Application to Final Payment
Washington Mortgage Company Reviews
Washington Mortgage Team
Washington Mortgage Programs
Washington Home Purchase loans
Looking to Purchase a Washington Home?
Looking to Purchase a Home? We have the loan program for you… Call today to speak with a loan officer to discuss your personal mortgage options.
- Primary, 2nd Home, Investment
- Competitive Rates & Fees, No fee Options
- FHA, VA, USDA, Native American
- Conventional, Jumbo & Renovation
- Manufactured, Construction, Reverse
Washington Renovation Home Loans
Looking to Rehab a Washington Home?
Want the Charm of an Older Neighborhood? But want a new place or a fresh look? Why not a renovation loan? Purchase the Perfect Home and make it your own.
- Remodel, Renovate or Repairs
- FHA 203K Streamline
- FHA Full Documentation Rehab
- Fannie Mae Homestyle Reno
- Freddie Mac Home Choice Reno
Washington FHA Home loans
Great 1st Time Washington Homebuyers
FHA Home Loans are great for first time home buyers, buyers with less than perfect credit, or buyers needing less out of pocket. Call today to get started.
- Smaller Down Payments
- Flexible Underwriting Guidelines
- Higher Debt to Income Allowed
- Lower Credit Scores – Down to 500
- Down Payment Gifts Allowed
Washington va Home Loans
100% Financing for Washington Vets
Proudly Serving Active Duty servicemen and women, as well as, retired and disabled veterans. Call today to speak with a VA loan officer.
- No Mortgage Loan Limits
- Simple Qualifying
- Higher Debt to Income Allowed
- Lower Credit Scores – Down to 500
- Manual Underwriting Allowed
Washington Conventional Home loans
Flexibility for Washington Homebuyers
Conventional Home Loans are the best option for flexibility of property types and for mortgage loan terms. Call today to get speak to a loan officer.
- Primary, 2nd Home, Investment
- Single and Multi-Family Properties
- Variable Mortgage Insurance Options
- Low Rates & a Variety of Terms
- Renovation Programs Available
Washington Jumbo Home Loans
Washington Non-Confirming Home Loans
Jumbo Home Loans also called Non Conforming Home Loans are great options for buyers needing financing outside of agency limits. Call today.
- Primary & 2nd Homes
- Variety of Mortgage Programs
- Simple Qualifying for Veterans
- Investor Specific Guidelines
- Credit Score Minimums
Washington USDA Home loans
100% Rural Washington Home Loans
USDA Loans are a great option for families wanting to live outside of the city. Call today to speak with a loan officer to discuss your personal loan options.
- Primary Residences
- No Down Payment Required
- New Manufactured Homes Allowed
- Closing Costs / Repairs Rolled In
- Geographic and Income Limits Apply
Washington Native american Home Loans
Washington Hud 184 Home Loans
HUD 184 Home Loans are solely for Native American and offer a variety of benefits. Call today to speak with a loan officer to find out more.
- Primary Residence Only
- Manual Underwriting for All Loans
- No Credit Score Requirements
- Tribal Grants Allowed
- Purchase, Refinance, and Renovation
Washington Manufactured Home loans
Great Alternative Washington Housing
Manufactured Home Loans offer options to purchase an existing residence or build your dream home on your own land. Call today to speak to a Loan Officer.
- Existing Purchase or Refinance
- New Construction
- One Time Close Land/Home Combo
- Lock at Contract
- FHA, VA, USDA, Native American
Washington Reverse Mortgage Loans
Your Washington Home at Work
Reverse Mortgage Loans offer seniors options to use their home’s equity for cash or to eliminate payments. Call today to get speak to a Reverse Loan Officer.
- Primary Residence Only
- Simple Qualifying – Equity Based
- No Credit Score Requirements
- Minimum Age 62
- Purchase, Refinance, and Cash-Out
Washington Non QM Home loans
Making Washington Mortgages Possible
Looking for Non Traditional Home Mortgage Loan? Contact a Loan Officer Today to discuss the alternative mortgage options currently available.
- Purchase, Refinance & Cash-out
- Primary, Secondary, Investment
- Full Doc Programs
- Alt Doc Programs
- Corporations OK
Washington One Time Close Home Loans
Build Your Washington Dream Home
Want to Build? But unsure of what the future looks like? Remove the risk with a One Time Close Construction Loan. Call today to see how a OTC loan works.
- Primary Residences Only
- One Time Close
- Lock Rate at Closing
- Traditional Final Mortgages
- No Payments During Construction
Washington Refinance Mortgage loans
Washington Rate & Term Refinance
Refinancing can be a hard decision and may result in finance charges that may be higher over the life of the loan. Consult with your loan advisor for details.
- Lower Monthly Payment
- Shorten Mortgage Term
- Streamline Options Available
- Appraisal Waivers Allowed
- VA IRRRL’s
Washington Cashout Mortgage Loans
Washington Equity Mortgage Loans
Cash-Out Mortgage Loans make use of the equity in your home. Refinancing may result in finance charges that may be higher over the life of the loan. Consult with your loan advisor.
- Debt Consolidation
- Investment Opportunities
- Home Improvement
- Dream Vacation
- Higher Education
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