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Some quick facts on Washington owner occupied homes with a mortgage1:
The median Washington home price is $211,633.
75.8% of Washington home owners have only a single mortgage.
Only 1.2% of home owners in Washington have both a second mortgage and a home equity loan.
While the median income for all of Washington is $57,478, the median income for owner occupied Washington homes with a mortgage is $69,552.
The median monthly Washington housing cost is $1,389.
Washington Median Annual real estate taxes are $2,262.
While the national average Expedian Credit score is 678, the average for Washington is 690.
Non-business bankruptcies in Washington have gone from 30,414 in 2000 to 37,744 in 2004.
The Division of Consumer Services of the Washington Department of Financial Institutions regulates equity lenders and mortgage brokers, consumer loan companies, escrow agents and escrow officers. Washington’s licensee list is available from Division, Records Custodian, at (360) 902-8795, or at the Division’s web page at http://www.dfi.wa.gov2.
Washington Counties:
Adams County, Asotin County, Benton County, Chelan County, Clallam
County, Clark County, Columbia County, Cowlitz County, Douglas County,
Ferry County, Franklin County, Garfield County, Grant County, Grays
Harbor County, Island County, Jefferson County, King County, Kitsap
County, Kittitas County, Klickitat County, Lewis County, Lincoln
County, Mason County, Okanogan County, Pacific County, Pend Oreille
County, Pierce County, San Juan County, Skagit County, Skamania
County, Snohomish County, Spokane County, Stevens County, Thurston
County, Wahkiakum County, Walla Walla County, Whatcom County, Whitman
County, Yakima County
Source: US Census Bureau 2004 American Community Survey
Source: Coalition for Mortgage reform (www.mortgagereform.org)
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