Home Advantage
One income limit. Many options.
Home Advantage serves households earning up to $180,000, anywhere in the state — regardless of family size or home purchase price — and downpayment assistance is always available
Do I Qualify for a Home Advantage Loan?
Income under $180,000 (anywhere in the state)
No need to be a first-time homebuyer
1. Attend a Free Homebuyer Class!
2. Contact a Commission-Trained Loan Officer.
3. Once you know how much you qualify for, it is time to look for a home.
Additional Help with Homeownership
Washington Homeownership Information Hotline
Washington State Dept. of Financial Institutions protects Washington homeowners and buyers. Free state-sponsored counseling is available to Washington residents who are facing foreclosure, thinking of buying a home or considering refinancing. To speak with a counselor, call the Washington Homeownership Information Hotline at 1.877.894.HOME (1.877.894.4663).
Home Advantage First Mortgage Loan
If you’ve attended and obtained a certificate from a Commission-sponsored homebuyer education class within the last two years;
If you meet the program income limits listed below; and…
If you meet with a Commission trained loan officer and determine that you qualify for a mortgage loan according to FHA, VA, Conventional, Rural Housing Services (RHS),
Then… you may qualify!
Home Advantage Program Participating Lenders
These Participating Lenders have a proven track record of originating and closing Home Advantage loans.
See Premier Participating Loan Officers.
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1st Security Bank of Washington American Pacific Mortgage Axia Home Loans Banner Bank Bay Equity LLC Canopy Mortgage Cardinal Financial Churchill Mortgage CMG Mortgage Community First Mortgage Cornerstone Home Lending CrossCountry Mortgage DAS Acquisition DHI Mortgage Diamond Residential Mortgage Directors Mortgage Envoy Mortgage Everett Financial Evergreen Home Loans Fairway Independent Mortgage Guaranteed Rate Global Federal Credit Union Guild Mortgage Highlands Residential Mortgage HomeBridge Financial Services HomeSight HomeStreet Bank International City Mortgage Ixonia Bank LeaderOne Financial |
LoanDepot Lower LLC Luminate Home Loans Mann Mortgage Movement Mortgage Mutual of Omaha Mortgage New American Funding NewRez NFM Lending Northpointe Bank Nova Financial On Q Financial Paramount Residential Mortgage Group Premier Lending Premier Mortgage Resources Primary Residential Mortgage Prime Lending Priority Home Lending Revolution Mortgage Summit Funding Summit Mortgage Sunflower Bank Synergy One Lending T2 Financial The Money Store Umpqua Bank US Bank Wallick & Volk Wheatland Bank Willamette Valley Bank |
Become a Participating Lender
The Commission welcomes new participating lenders into our programs.
Please contact Corinna Obar at corinna.obar@wshfc.org or 206-287-4414.
Income Limits
Borrowers must not exceed the Maximum Annual Income Limit: Statewide $180,000
When are These Funds Available?
Always! Funds for the Home Advantage program are continuously available and are subject to market rates and conditions. If you have questions about the Home Advantage Program, please call us at 800.767.4663 or email info@heretohome.org or Corinna.Obar@wshfc.org.
When Can My Loan Officer Lock my Rate?
Given the fluidity in the markets we may not be able to offer some rate options every day.
Please check the effective date and time on the rate sheet, use Google Chrome, and be sure to refresh your browser as well as clear your cache.
NOTICE: Rates subject to change without notice. WSHFC staff will make every reasonable effort to post daily rates by 9:00am Monday – Friday PST. Rates posted after 4:00pm PST, over holidays, and weekends are sample rates from the previous business day and are not to be relied upon for reservations. Homebuyers interested in applying for financing should contact one of the Commission’s Participating Lenders. The Commission does not lend money directly to consumers. Participating Lenders pre-qualify consumers and originate all mortgage loans. This is not an advertisement for credit as defined in Regulation Z. Contact a Commission Participating Lender for Annual Percentage Rate (APR). This is not a commitment to lend. Further fees may apply. Contact your participating loan officer for more information. Interest rate buydowns are prohibited. Visit heretohome.org for more information.
Click here to see Historical Home Advantage Rates.
Homebuyer Education Classes
Our Premier Lender Partners
Disclaimer: The Commission does not endorse a person, business practice, product or service other than those of the Commission.
DISCLAIMER: The sponsorship by the Commission of a homebuyer education seminar does not endorse a person, business practice, product or service other than those of the Commission.