Assumable Mortgages in Washington State
Find assumable mortgage data for Washington State. Discover FHA & VA assumable homes in Seattle, Tacoma, Spokane and across Washington with below-market note rates.
Get the Washington Data ListPublic Mortgage Data — Washington
Assumable Homes in Washington
Washington State's assumable property market is shaped by two distinct dynamics: the high-cost Seattle metro, where assumable homes offer exceptional payment savings, and the military-heavy Tacoma–Pierce County area, where VA assumable property is abundant. Our Washington dataset covers approximately 58,000 FHA and VA assumable homes across 1,458 census tracts, with a median note rate of 3.8%.
Joint Base Lewis-McChord (JBLM) near Tacoma is one of the largest military installations in the country and is the primary driver of VA assumable homes in Washington State. Pierce County — which surrounds JBLM — has one of the highest concentrations of VA assumable property of any county in the Pacific Northwest. Whidbey Island Naval Air Station and Fairchild Air Force Base near Spokane also contribute VA assumable homes to their respective markets.
The Seattle metro — King, Snohomish, and Kitsap counties — carries FHA assumable property inventory, though Seattle's high home prices mean FHA origination rates are lower than in more affordable markets. Tacoma, Olympia, Bellingham, and Spokane all show meaningful assumable homes concentration.
At 6.3 years median age and a 3.8% median note rate, Washington's assumable obligations largely date to the 2019–2022 rate environment. Our Washington data list covers all 39 counties at the census-tract level.
Source: Freddie Mac Primary Mortgage Market Survey
Frequently Asked Questions — Washington
How many assumable properties are in Washington State?
Washington has approximately 58,000 FHA and VA assumable properties across 1,458 census tracts.
Why does Tacoma have so many VA assumable homes?
Joint Base Lewis-McChord (JBLM), one of the largest military installations in the country, is located near Tacoma, generating exceptional VA assumable property density in Pierce County.
What is the median note rate on Washington assumable homes?
The median note rate on Washington assumable property is 3.8%.
Get the Washington Assumable Property Data List
FHA and VA assumable homes with note rates and census-tract detail. Complete a quick inquiry to see available list options.
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