With $439,742 in issued loans, Washington State ranked fifth for the average amount of a VA home loan in 2022, according to figures provided by the Veteran Affairs Home Loans Index.
The average VA home loan amount in Washington during the third quarter of the fiscal year 2023 was $489,413, a 4.1% increase over the previous quarter, according to the Veterans Affairs Home Loans Index.
Of the 7,617,364 citizens living in Washington in 2021, 77.9% were old enough to vote, equating to 5,936,904 individuals, according to U.S. Census Bureau data obtained on Oct. 26.
Of the 7,617,364 citizens living in the state of Washington in 2021, 91.4% said they were only one race, while 8.6% said they were two or more races, according to U.S. Census Bureau data obtained in June.
The average VA Purchase Loan amount for Washington in the third quarter of fiscal year 2023 was $505,091, according to figures provided by the Veterans Affairs Home Loans Index.
The U.S. Department of Veterans Affairs (VA) issued 949 home loans totaling $464.5 million in Washington during the third quarter of the fiscal year 2023, according to figures provided by the Veterans Affairs Home Loans Index.
The VA’s Interest Rate Reduction Refinance Loans in Washington for the third quarter of the fiscal year 2023 averaged $470,818, according to figures provided by the Veterans Affairs Home Loans Index.