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Barrett Financial of Spokane

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Type a Spokane County, WA or North Idaho address

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      Mortgage Scenarios

      Rates via MortgageNewsDaily. Loan scenarios assume 20% down, 750 credit score, and standard underwriting. Your actual rate and terms depend on credit, employment, and appraisal. Not a quote.

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      WA vs ID Quick Reference

      Factor Washington Idaho
      Median Home Price $575k $425k
      Avg. Property Tax Rate 0.84% 0.68%
      State Income Tax None 5.8%
      Sales Tax 6.5%–10.25% 6.0%
      Common Loan Types Conventional, FHA, VA Conventional, VA
      Typical Closing Timeline 30–45 days 25–40 days
      Appraisal Influences Water access, views, schools Land size, utilities, access
      Common Issues Title defects, encroachments Well/septic, flood zone

      Loan Type Quick Reference

      Loan Type Min. Down Min. Credit Best For
      Conventional 3%–20% 620 Good credit, stable income
      FHA 3.5% 580 First-time buyers, lower credit
      VA 0% 620 Military/veterans
      USDA 0% 620 Rural properties
      Jumbo 10%–20% 700+ High-value homes

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