Spokane, Spokane County
Baseline conforming and FHA limits apply; Reece Merkley, our loan originator, is based in nearby Liberty Lake.
We serve Spokane by phone, text and video from our office in Edmonds, in English or Spanish.
Local numbers
A $430,000 home with 10% down is a $387,000 loan. At today's lowest-cost 30-year fixed, 6.750% (7.070% APR), that's about $2,510 a month in principal and interest, before roughly $376 in Spokane County property tax and your insurance.
Your local originator: Reece Merkley, NMLS #1162837, (425) 750-0193. Pre-approve with Reece
Common questions
It depends on your price, down payment, credit and loan type. Your payment is principal and interest plus Spokane County property tax, homeowners insurance and, under 20% down, mortgage insurance. Text us your numbers and we send you an exact quote with every cost, usually the same day.
Yes. The Spokane County FHA limit is $541,287, which covers a typical Spokane home with 3.5% down. FHA often makes sense when credit is under 700; above that, conventional usually comes out ahead once you compare mortgage insurance. We price both and show you the difference.
Usually not. The 2026 conforming limit is $832,750, and a typical Spokane purchase lands well under it, so you get agency pricing from every lender we work with.
Yes. For eligible first-time buyers we can arrange assistance covering the 3.5% down payment plus up to 1.5% toward closing costs, up to 5% of the price. Tell us you have under 5% saved and we check what you qualify for on your Spokane purchase before anything is promised.
About ten minutes if you have your income and account balances handy. The pre-approval reissues itself at any amount up to your maximum, so you can tailor it to each offer. If a listing agent wants to speak with the lender, that's a licensed originator, by phone, the same day.
Uses your microphone. Clara is an AI, not a person.