Maybe an fha mortgage will work for you. Some down payment assistance programs are restricted to first time home buyers.
Veterans and individuals buying homes in the states targeted areas may also qualify for assistance.
First time home buyer programs washington state. Loans to help with downpayment and closing costs when you use a commission home loan steps to getting started. If you havent owned and occupied your primary residence in the past three years you qualify as a first time home. This is one of the most generous dpa programs in the entire country.
However these programs are primarily for lower income households so your households income cannot exceed 145000. Wshfc was established in 1983 to help washington first time home buyers. Know what you qualify for and look for a home.
You may qualify for one of these programs. First time home buyers in seattle may be able to receive up to 55000 in down payment assistance. Maybe your family will be next.
The washington state housing finance commission offer homebuyers the home advantage down payment assistance loan program a second mortgage with a zero percent interest rate and payment deferred for 30 years that combines with the home advantage first mortgage. Home advantage dpaoffers up to 4 percent of the mortgage loan amount homechoiceprovides up to 15000 in assistance for washington first home buyers with a disability or a live in family member with a disability. Attend a free homebuyer education seminar.
Its been the safe sound and smart way to go for 275000 washington homebuyers. Seattle down payment assistance. You can learn more about the home advantage program on the washington state housing finance commission website.
Washington homeownership resource center. There are plenty of first time home buyer programs in washington state for new homeowners to take advantage of including. Washington state first time homebuyer programs the washington state housing finance commission wshfc offers low interest mortgage programs down payment assistance and homebuyer education courses.
Over the past decade more than 275000 washington families have used fha insured mortgages to buy their homes. First time homebuyer programs in washington state. Contact a commission trained loan officer.
Need help buying a home. Washington first time homebuyer programs the washington state housing finance commission wshfc designed the home advantage and house key opportunity programs to help evergreen state homebuyers purchase their first single family home condo townhouse or manufactured home. Homechoice down payment assistance program.
These programs are not all exclusively for first time homebuyers.