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Adams County, Washington FHA, VA, and USDA Loan Information

Table of Contents

-How to purchase a home in Adams County
-What are the government loan limits in Adams County, OR?
-What parts of Adams County are eligible for USDA loans?
-Do I need flood insurance?
-How do I learn about Property Taxes in Adams County
-What is the median home price in Adams County, OR?
-How many people live in Adams County?
-What are the major cities?
-How do I see FHA- and VA-Approved homes for sale?
-Is there a cost to have a real estate agent represent me?
-What closing costs do I need?
-How can I get assistance with closing costs?
-About Adams County
-How much of a loan can I qualify for, based on my income?
-Approved Condominium Projects in Adams County

How to purchase a home in Adams County

Are you interested in buying a home in Adams County? This is a step by step guide to all the ins and outs of the homebuying process. For more detail about FHA loans, be sure to check out our complete guide. We also have an in-depth guide to VA loans and the USDA’s Rural Development home loan program.
For now, let’s look at the basic steps to buying a home – and what you’ll have to look out for in Adams County.

  1. Get in touch with a loan officer – give us a call at 877-432-5626 We can help you figure out what type of loan you might qualify for. Programs through the VA, USDA, and FHA allow you to buy a home with a small down payment – or no down payment at all. We will also check your credit and income to see how much of a loan you can qualify for. When we do this, we do a “soft pull” on your credit. This is different from an official credit inquiry and won’t hurt your credit score.
  2. Compare loan offers. Either call us or fill out the form by filling up the form at the top right of this page.
  3. Give your Loan Officer the information they need to find you a loan For a purchase loan or cash-out refinances:
    • Your ID
    • Previous two years of W2s
    • Most recent 30 days paystubs
    • Most recent 60 days bank statements
    • Landlord and HR/Payroll Department contact info
      For a refinance loan, you will also need information on the loan you want to refinance.
  4. Contact our Loan officers to compare the interest rates and APRS – but keep in mind that the fixed- and adjustable-rate mortgages are apples and oranges. Use the Loan Estimate to compare the true costs of each loan, both month-to-month and over the life of the mortgage.
  5. Find a home Get connected with a FedHome Loan Centers Real Estate Agent. Once you meet with them to talk about your wants and needs, you can sign up for the property search feed. This will give you alerts about homes for sale in Adams County. Now you’re ready to preview properties and start touring homes.
  6. Make an offer and negotiate the terms of the sale
  7. Get the necessary and recommended inspections Required Inspections:
    • Termite Inspection
    • Well or septic inspections, if applicable
    • We can help you check if your home is in one of the Adams County flood hazard areas.
      Recommended Inspections:
      Home Inspection, Roof Inspection, Sewer Inspection
  8. Get the home appraised Construction loans require a construction appraisal and permit approval
  9. Lock in your interest rate Pro Tip: Wait until the appraisal to lock in your loan rates. If it turns out you need to make repairs, it can push the closing back. Then you run the risk of losing that rate or having to pay an extension fee.
  10. Close the deal and get packing! You’re ready to go!


What are the Loan Limits for Adams County?

  • FHA Loan Limit $331,760 (Single family residence) / $424,800 (Duplex) / $513,450 (Triplex) / $638,100 (Fourplex)
  • USDA Loan Limit $265,400.
  • VA Home Loan Limit $0 down up to $3,000,000 / 2 open VA loans at one time $510,400 *(Call 877-432-5626 for details).

What Parts of Adams County are eligible for USDA Loans?

  • Adams County is eligible for a USDA Rural Development home loan.
  • Eligible Zip Code: 99105, 99169, 99341, 99344, 99371.

Do I need Flood Insurance?

  • The FHA, USDA, and VA all require flood insurance in Special Flood Hazard Areas.
  • In Adams county, there are very few flood hazard areas, with most of them being in low elevation areas surrounding Sprague Lake.   

How do I learn about Property Taxes in Adams County?

  • Sherri Brewer is the Adams county tax assessor. Her office is located at 210 West Broadway Ritzville, Washington, 99169, and can also be reached by calling 509-659-3200.
  • Washington state offers about 50 tax incentives and deductions that are meant to bolster local business growth. In addition, there are also several tax credits programs for specific industries that meet certain requirements. Furthermore, deferral programs are also available for manufacturers, high technology businesses, and fruit & vegetable businesses.

What is the Median Home Price in Adams County?

As of June 30th, 2020, the median home value for Adams County is $196,260. In addition, the median household income for residents of the county is $49,142.

How many people live in Adams County?

As of 2019, Adams County’s population is 19,983 which has seen a 6.7% increase in the last decade. Moreover, demographically speaking, 64% of the population is Hispanic, with 32% White, and 6% American Indian.

What are the major cities?

The county has two cities and three towns, including the city of Ritzville which serves as the county seat. The other significant city and three towns are Othello, Hatton, Lind, and Washtucna.

How do I see FHA- and VA-Approved homes for sale?

You can view all of the properties available for sale in Adams County through our Multiple Listing Service. In addition, you can see approved condos at the bottom of this page.

Is there a cost to have a real estate agent represent me?

The seller must pay the real estate professionals’ commission, not the buyer. This means that, as a homebuyer, there is no cost to have a real estate agent represent you. In fact, it’s a good idea to get your own agent in order to have someone in your corner during the negotiation process. For more information about real estate agents, click here.

What closing costs do I need?

For FHA loans, closing costs can end up being 3-4% of the loan amount. These costs include origination fees from the lender, any discount points purchased for a better interest rate, and pre-paid items like insurance and taxes.

How can I get assistance with closing costs?

There are several ways to reduce the amount you have to pay at closing. One way is to get down payment assistance. The FHA’s Within Reach program provides grants to help low- and middle-income families with their down payment.

About Adams County

Covering a total area of 1,925 square miles of southeastern Washington the county was named in honor of John Adams, the first vice-president and the second president of the United States. Established in 1883, the county’s first offices were built in 1885 in a wood frame house.

Today the county’s biggest employment industries are agriculture, manufacturing, and healthcare. Therefore, the most common occupations are in farming, administrative support, and production occupations.

When it comes to education, the county is served by four school districts with the Ritzville, Lind, Washtucna, and Othello School Districts. These educational institutions provide education for students ranging from pre-K to 12th grade.

In addition to its workforce and educational institutions, the county is also home to several cultural institutions like the New Ritz Theatre, and the Ritzville Historic District.

Finally, the county is host to the biggest annual rodeo in eastern Washington. Moreover, this rodeo happens every September from the 4th to the 5th. In addition, the rodeo includes events like Bareback Bronco Riding, Steer Wrestling, and Tie-Down Roping.

How much of a loan can I qualify for, based on my income?

Monthly Income Purchase Price
$2,628.90 $195,175.91
$2,832.00 $210,254.55
$3,181.50 $236,202.27
$3,612.00 $268,163.64
$3,985.50 $295,893.18
$4,361.10 $323,778.64
$4,971.90 $369,125.91
$5,761.50 $427,747.73
$6,892.20 $520,625.00
$5,199.60 $368,791.82
$5,743.80 $408,815.91
$6,249.90 $450,287.73
$6,998.10 $501,960.45
$9,776.70 $725,845.91
$5,568.00 $413,381.82
$6,574.80 $488,129.09
$7,569.60 $561,985.45
$5,141.40 $381,710.00
$6,345.30 $471,090.45
$7,639.80 $567,197.27
$8,360.10 $620,674.09
$9,260.70 $687,536.82
$10,095.30 $749,499.55
$12,165.00 $903,159.09
$13,929.60 $1,034,167.27
$17,511.00 $1,300,059.09
$18,406.80 $1,366,506.06

Purchase Price subject to credit and income evaluation. 

Approved Condos in Adams County

There are currently no FHA or VA approved condos in Adams County. However, if you’re looking for a condo in that area, we can help you start the approval process, just give us a call (877-432-5626).

Finance a home in Adams County

Apply for a home loan today to receive the lowest interest rates and monthly payments.

Finance your new home by finding the government loan that is right for you.