A homebuyer whose income is under 80% of the Area Median Income for the county in which they are buying a home can get a lower rate on conventional loans (as distinct from government loans through FHA, VA or USDA). The 80% threshold is set by Fannie Mae and Freddie Mac.

2025 80% AMI Limits for Conventional Loans

2024 80% AMI Limits for Conventional Loans

PLEASE NOTE: This information does not determine eligibility and should not be relied on for any other purpose than determining rates on conventional loans.

Yes, our home loans and downpayment assistance work with homes purchased through Habitat for Humanity or a Community Land Trust. The House Key Opportunity program offers special rates for borrowers who are purchasing a home through an approved affiliate member of Habitat for Humanity of Washington State or a home in a Community Land Trust, and who earn no more than 65% of area median income (based on household size and county in which they are buying).

The Commission accepts DACA-status borrowers on the Home Advantage and House Key Opportunity FHA, VA, and Fannie Mae HFA Preferred products. DACA status borrowers are not eligible for Freddie Mac HFA Advantage loans and USDA.

ADUs are acceptable as long as the property is zoned and appraised as a one-unit property with an ADU. Under the House Key Opportunity program, a buyer may not rent out any portion of the home or ADU.

We define a first-time homebuyer as someone who has not owned AND occupied a primary residence at any time in the past three years. If you purchase a home in a Target Area or are an honorably discharged Veteran, you do not have to be a first-time homebuyer.

Our downpayment assistance is only for homebuyers who use our home loan programs, either Home Advantage or House Key Opportunity. If your household income is under the program limits (up to $180,000) and you are otherwise qualified for a home loan, you are probably eligible. Connect with a Commission-trained lender today, or find a free homebuyer education class near you!

You can use our House Key Opportunity home loans to purchase a one-unit single family home, town home, condominium, or a manufactured home.

Target areas are census tracts that meet federal guidelines as economically distressed. Under the House Key Opportunity program, if you purchase a home in a target area, some restrictions and limits are eased. See Washington’s targeted areas on the map here.

House Key Opportunity income limits are set by county and household size, and also vary for those purchasing a home in a target area. Explore the income limits.

The House Key Opportunity program requires all borrowers to be first time buyers unless you are purchasing in a target area or are a Veteran with an honorable discharge. A first-time buyer is defined as someone who has not owned AND occupied a home as their primary residence in the last three years. You do not need to be a first-time homebuyer under the Home Advantage program.