Mortgage lending in Island County
2,506 mortgages were originated in Island County, Washington, in 2025.
30-year fixed, this week
6.71%
Freddie Mac's survey average for the week of September 3, 2026 — a year earlier it was 6.56%, and the past year ranged 5.98–6.71%. The figures below are from 2025 filings and do not move with the market. Rate history
- Loans originated
- 2,506
- Median rate
- 6.625%
- Median lender fees
- $6,193
The going rate is the federal "average prime offer rate" for a comparable loan; 0.5 means half a percentage point above it.
- Median loan amount
- $385,000
- Above the going rate (spread over APOR)
- 0.190
- Paid discount points
- 40.5%
- Received lender credits
- 23.8%
- Purchases / refinances
- 48.5% / 30.9%
- Conventional / FHA / VA
- 71.2% / 6.9% / 21.7%
Figures are medians of loans actually originated in 2025, as reported under the Home Mortgage Disclosure Act. They describe what borrowers received, not what you would be offered: HMDA contains no credit scores, so these numbers cannot be read as pricing for any individual. Lender fees are reported for 71.5% of loans here — see methodology.
Loan limits here in 2026
- Conforming limit
- $832,750
- FHA limit
- $671,600
- Median home price
- $584,000
- That home, 20% down
- $467,200
A median-priced home with 20% down leaves $365,550 of room under the conforming limit, so the ceiling rarely binds on an ordinary purchase.
Borrow more than $832,750 and the loan becomes jumbo — outside agency rules, priced by each lender on its own terms. How limits work
Median price is HUD's figure for the 2026 limit calculation, not a live market quote.
Who lent here
Lenders with at least 50 loans in Island County, ranked by volume.
| Lender | Loans | Median fees | Median rate |
|---|---|---|---|
| United Shore Financial Services, LLC | 168 | $8,339 | 6.124% |
| Boeing Employees Credit Union | 166 | — | 6.063% |
| Rocket Mortgage, LLC | 166 | $4,612 | 6.625% |
| Navy Federal Credit Union | 158 | $1,280 | 7.750% |
| CMG Mortgage, Inc. | 128 | $9,535 | 6.500% |
| Guild Mortgage Company | 108 | $6,669 | 6.500% |
| Movement Mortgage, LLC | 74 | $6,579 | 6.750% |
| Mortgage Research Center, LLC | 64 | $10,262 | 6.188% |
| Global Federal Credit Union | 64 | $4,180 | 6.625% |
| Peoples Bank | 61 | — | 7.500% |
What lenders charged here
Lender fees on a $385,000 loan, based on what was actually charged in Island County — not a rule of thumb.
From 1,791 loans where fees were reported. This is what the lender charges — sections A and B of a Loan Estimate. Title, appraisal, taxes and the escrow deposit your lender collects up front for future tax and insurance bills are extra and not in these figures. Compare two offers