by Russel | May 28, 2025 | Lender, Program Announcement
May 27, 2025 Dear Lending Partners, Effective May 28, 2025, the Commission will be adopting the 2025 80% Area Median Income Limits (AMI) on our Home Advantage and House Key HFA Conventional Loans. Further AMI details are outlined in Fannie Mae’s and Freddie...
by Russel | May 9, 2025 | Lender, Program Announcement
May 9, 2025 The Washington State Housing Finance Commission in conjunction with Idaho Housing Finance & Association (IHFA) is pleased to partner with Freddie Mac. Join us for an informative and interactive session as Freddie Mac presents the Top Underwriting...
by Russel | May 2, 2025 | Lender, Program Announcement
May 2, 2025 Dear Partners, As many of you know, the state legislature has passed H.B. 1696, with two important amendments expanding the Covenant Homeownership Program. Starting July 28, 2025, the income limit is increasing to 120% of area median income. Loan...
by Russel | May 2, 2025 | Lender, Program Announcement
May 2, 2025 Dear Lending Partners, 2025 income limits will be in effect as of May 5, 2025 for the following Downpayment Assistance programs: Opportunity HomeChoice Home Advantage-Needs Based Veterans Covenant** **Please note: Details regarding the Legislative changes...
by Russel | Apr 30, 2025 | Homebuyer, Lender, Program Announcement
April 30, 2025 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 27, 2025 at 9:00 am PST: 6.75% – 1 point origination for FHA, VA and USDA loans....
by Russel | Apr 14, 2025 | Lender, Program Announcement
April 14, 2025 The Washington State Housing Finance Commission in conjunction with Idaho Housing Finance & Association (IHFA) is pleased to partner with MGIC. Join us for an exclusive webinar designed for HFA lenders, where we’ll dive into evaluating...