First-time buyer programs in Washington

Down-payment help that stacks with FHA or conventional.

WSHFC Home Advantage lends up to 5% of the loan amount for down payment and closing costs as a second mortgage with payments deferred for 30 years. Income limits apply by county. We run the numbers with and without it so you see the real difference in payment.

Assistance

Up to 5% of loan amount

Second-mortgage payment

Deferred 30 years

Income limit (King/Snohomish)

$180,000

First-time

Not required for Home Advantage