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For most people, finding the right home in Spokane, Washington is just the first step. Finding the right financing to buy a home is essential to make the home purchase occur! A home buyer has a choice of local mortgage lenders and national lenders advertising on the Web. Many home buyers find that using local Spokane, Washington lenders (with rates very comparable to online mortgage brokers) help ease some of the stress of moving. Home buyers have more personal service, and the mortgage companies have a better relationship with appraisers and other real estate professionals. Ask about adjustable rate loans if you are guaranteed to be relocated out of Spokane within the next 5 years. I had a friend who found a 40 year adjustable with 5 year fixed rate. He knew that he had guaranteed relocation buy-out at the end of his assignment so he wasn’t worried about building equity. He ended up paying less than half in a mortgage payment than he would have paid in rent! Short on cash? There are many mortgage lenders in Spokane that now offer 100% financing – no down payment certainly helps keep moving expenses down!
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Spokane (pronounced spo-CAN [spo? 'kæn]) is the second largest city in Washington state, the third largest city in the Pacific Northwest region of the United States and the metropolitan center of the Inland Northwest. It is the county seat of Spokane County in the State of Washington, USA. It was originally incorporated as "Spokan Falls" (without an 'e' at the end), drawing on the Native American tribe known as the Spokane, which means "Children of the Sun.” It is often misprounounced as "Spo cane",when it's actually prounounced like "spo can". -- Source: Wikipedia.com
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Census Data for Spokane, Washington
| Spokane | Washington | United States | |
| Population | 195,629 | 5,894,121 | 281,421,906 |
| Median age | 34.7 | 35.3 | 35.3 |
| Median age for Male | 32.9 | 34.4 | 34 |
| Median age for Female | 36.3 | 36.3 | 36.5 |
| Households | 81,512 | 2,271,398 | 105,480,101 |
| Household population | 189,477 | 5,757,739 | 273,643,273 |
| Average household size | 2.32 | 2.53 | 2.59 |
| Families | 47,256 | 1,499,127 | 71,787,347 |
| Average family size | 2.98 | 3.07 | 3.14 |
| Housing units | 87,941 | 2,451,075 | 115,904,641 |
| Occupied units | 81,512 | 2,271,398 | 105,480,101 |
| Vacant units | 6,429 | 179,677 | 10,424,540 |
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