by Homeownership Division | Jul 8, 2025 | Program Announcement
Dear Lending Partners, The House Key Opportunity First Mortgage Program rates are changing. The new rates below will apply to reservations made on and after July 9, 2025 at 9:00 am PST: For incomes at or below Fannie Mae or Freddie Mac 80% AMI: 6.625%...
by Homeownership Division | Jan 15, 2025 | Lender, Program Announcement
Dear Lending Partners, The House Key Opportunity First Mortgage Program rates are changing. The new rates below will apply to reservations made on and after January 15, 2025 at 9:00 am PST: 6.25% – 1 point origination for FHA, VA and USDA loans. For...
by Homeownership Division | Dec 31, 2024 | Lender, Program Announcement |
Did you miss the webinar on December 10? Don’t worry! You can still watch the webinar and learn more about the unique and cutting edge Covenant Homeownership Down Payment Assistance Program! Lisa DeBrock, Director of WSHFC, provides an overview of the program,...
by Homeownership Division | Dec 31, 2024 | Lender, Program Announcement |
Dear Lending Partners, Many lenders have been requesting rate buydowns late in the process resulting in hedging challenges for the Commission. Due to the expensive costs of pooling buydown loans with interest rate buydowns, we will be amending our current buydown...
by Homeownership Division | Dec 30, 2024 | Lender, Program Announcement |
Dear Partners, As you may notice in the news, a lawsuit has been filed in district court against the Covenant Homeownership Program. We are well prepared to meet this challenge and will continue to operate the Covenant program as usual, unless there’s a court decision...
