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Income Limits, Purchase Price Limits, and Target Areas
Some of our home loan programs have broad, statewide limits, while others vary.
Click on the program name to learn more.
Home Advantage DPA
- Combines with the Home Advantage first-mortgage loan program
- Offers 3%, 4%, or 5% of the first-mortgage loan amount in downpayment assistance at 0% interest.
- Statewide income limit = $180,000
- Purchasing a home for under $250,000? See our Home Advantage Needs-Based Downpayment Assistance option above.
Homebuyers
Connect to this Program
Any Commission-trained loan officer can work with you to determine which downpayment assistance program is the best fit.
Lenders
Get the Details
Downpayment Assistance Program Manuals and Other Documents
For use by lending professionals who are trained by the Commission in our programs.
Not yet one of our lending partners?
Learn how to join us here!
Which Homebuyers are Eligible?
- First-time homeownership not required
- Owner-occupied only: The home must be your principal residence.Â
- Household income must not exceed $180,000 a year.
DPA Loan Repayment
- No monthly payments required (just payment on your mortgage).
- The balance is due and payable when the borrower:
- Sells, refinances, or transfers the property;
- Fails to maintain the property as their principal place of residence; or
- Pays off the home (at 30 years or before)
Use of Funds
- Funds may be used for downpayment and closing costs.
Required Steps
- You must attend a free Homebuyer Education Class sponsored by the Washington State Housing Finance Commission and receive your certificate. You can take this class any time, but the earlier in your homeownership journey, the better. Learn more and find a class.
Is this the right program for me?
Home Advantage Needs-Based DPA
- Combines with the Home Advantage first-mortgage loan program
- Offers up to $10,000 in downpayment assistance at 1% simple interest.
- For those earning up to $157,100 in King/Snohomish counties; $122,100 in all other counties.
- Purchasing a home for more than $250,000? See our Home Advantage Downpayment Assistance option above.
Homebuyers
Connect to this Program
Any Commission-trained loan officer can work with you to determine which downpayment assistance program is the best fit.
Lenders
Get the Details
Downpayment Assistance Program Manuals and Other Documents
For use by lending professionals who are trained by the Commission in our programs.
Not yet one of our lending partners?
Learn how to join us here!
Which Homebuyers are Eligible?
- First-time homeownership not required
- Owner-occupied only: The home must be your principal residence.
- Household income must not exceed $157,100 in King and Snohomish counties, $122,100 in all other counties.
- Needs assessment is required for borrowers, except for military veterans.
DPA Loan Repayment
- No monthly payments required (just payment on your mortgage).
- The balance is due and payable when the borrower:
- Sells, refinances, or transfers the property;
- Fails to maintain the property as their principal place of residence; or
- Pays off the home (at 30 years or before)
Use of Funds
- Funds may be used for downpayment and closing costs.
Required Steps
- You must attend a free Homebuyer Education Class sponsored by the Washington State Housing Finance Commission and receive your certificate. You can take this class any time, but the earlier in your homeownership journey, the better. Learn more and find a class.
Is this the right program for me?
House Key Opportunity DPA
- Combines with the House Key Opportunity first-mortgage loan program
- Offers up to $15,000 in downpayment assistance at 1% simple interest
Homebuyers
Connect to this Program
Any Commission-trained loan officer can work with you to determine which downpayment assistance program is the best fit.
Lenders
Get the Details
Downpayment Assistance Program Manuals and Other Documents
For use by lending professionals who are trained by the Commission in our programs.
Not yet one of our lending partners?
Learn how to join us here!
Which Homebuyers are Eligible?
- Owner-occupied only: The home must be your principal residence.
- First-time homebuyers only – or you must be purchasing a home in a Target Area
- Needs assessment is required for borrowers, except for military veterans. Your lender will take you through this process of supplying household financial information.
DPA Loan Repayment
- No monthly payments required (just payment on your mortgage).
- The balance is due and payable when the borrower:
- Sells, refinances, or transfers the property;
- Fails to maintain the property as their principal place of residence; or
- Pays off the home (at 30 years or before)
Use of Funds
- Funds may be used for downpayment and closing costs.
Required Steps
- You must attend a free Homebuyer Education Class sponsored by the Washington State Housing Finance Commission and receive your certificate. You can take this class any time, but the earlier in your homeownership journey, the better. Learn more and find a class.
Is this the right program for me?
- Created by the Covenant Homeownership Act in 2023
- Serves those with pre-1968 roots in Washington state, who themselves or a parent or grandparent lived in Washington before 1968, and who are/were members of certain groups affected by housing discrimination
- Combines with the Home Advantage or House Key Opportunity first-mortgage loan programs
- Offers a downpayment assistance loan of up to 20% of the cost of the home — up to $150,000 — plus closing costs
Homebuyers
Connect to this Program
Any Commission-trained loan officer can work with you to determine which downpayment assistance program is the best fit.
Lenders
Get the Details
Downpayment Assistance Program Manuals and Other Documents
For use by lending professionals who are trained by the Commission in our programs.
Not yet one of our lending partners?
Learn how to join us here!
Is this the right program for me?
Don’t worry – you’ll work with a Commission-trained loan officer who will help you determine which of our downpayment assistance programs will work best for you, as well as the home price you can afford, how much cash you will need to close, and how much you can borrow.
HomeChoice DPA
- Combines with the Home Advantage or House Key Opportunity first-mortgage loan programs
- Offers up to $15,000 for buyers with a disability or disabled family member living with them.
- For those earning up to $157,100 in King/Snohomish counties; $122,100 in all other counties
Homebuyers
Connect to this Program
Any Commission-trained loan officer can work with you to determine which downpayment assistance program is the best fit.
Lenders
Get the Details
Downpayment Assistance Program Manuals and Other Documents
For use by lending professionals who are trained by the Commission in our programs.
Not yet one of our lending partners?
Learn how to join us here!
Which Homebuyers are Eligible?
- Borrowers who have a disability or who have a family member with a disability living with them. The disability must be verified and meet the definition of disabled per the Americans with Disabilities Act of 1990 (the ADA) or RCW 71A.10.020.
- Household income must not exceed $157,100 in King and Snohomish counties, $122,100 in all other counties.
- First-time homeownership required — unless you are buying in a Targeted Area.
- Owner-occupied only: The home must be your principal residence.
- Needs assessment is required for borrowers, except for military veterans.
Use of Funds
- Funds may be used for downpayment and closing costs.
DPA Loan Repayment
- No monthly payments required (just payment on your mortgage).
- The balance is due and payable when the borrower:
- Sells, refinances, or transfers the property;
- Fails to maintain the property as their principal place of residence; or
- Pays off the home (at 30 years or before)
Required Steps
- You must attend a free Homebuyer Education Class sponsored by the Washington State Housing Finance Commission and receive your certificate. You can take this class any time, but the earlier in your homeownership journey, the better. Learn more and find a class.
- You must also attend a one-on-one pre-purchase counseling session. Once you are pre-approved and your lender says you are ready to close, contact one of the following agencies to schedule an appointment for a one-on-one pre-purchase counseling session:
Statewide: American Financial Solutions, 888-864-8699, or Parkview Services, Loretta Cael at 509.861.3330
Asotin County: Valley Residential Services, Nancy Riggle, 509-522-0400
Clark & Skamania Counties: Community Housing Resource Center, 360-690-4496 x100
Ferry County: Rural Resources Community Action, Jan Owens, 509-685-6179
King County: HomeSight, 206-723-4355; Parkview Services, Loretta Cael at 509.861.3330; or Urban League of Metropolitan Seattle, 800-368-1455
Pend Oreille County: Rural Resources Community Action, Jan Owens, 509-685-6179
San Juan County: Opal Community Land Trust, Julie Brunner, 360-376-3191
Snohomish County: Homestead Community Land Trust, 206-323-1227, or Parkview Services, Loretta Cael at 509.861.3330
Spokane County: Spokane Neighborhood Action Partners, 509-319-3041
Stevens County: Rural Resources Community Action, Jan Owens, 509-685-6179
Walla Walla County: Valley Residential Services, Nancy Riggle, 509-522-0400
Whatcom, Skagit & Island Counties: Kulshan Community Land Trust, 360-671-5600, ext.
Other Counties: If there is no service provider located in your area, please contact one of the statewide service providers or a service provider in a neighboring county, or email Dietrich.Schmitz@wshfc.org for assistance.
Is this the right program for me?
Don’t worry – you’ll work with a Commission-trained loan officer who will help you determine which of our downpayment assistance programs will work best for you, as well as the home price you can afford, how much cash you will need to close, and how much you can borrow.
Veterans Downpayment Assistance Program
- Serves military veterans in Washington state
- Combines with the Home Advantage or House Key Opportunity first-mortgage loan program
- Offers up to $10,000 in downpayment assistance at 3% interest.
Homebuyers
Connect to this Program
Any Commission-trained loan officer can work with you to determine which downpayment assistance program is the best fit.
Lenders
Get the Details
Downpayment Assistance Program Manuals and Other Documents
For use by lending professionals who are trained by the Commission in our programs.
Not yet one of our lending partners?
Learn how to join us here!
Which Homebuyers are Eligible?
- First-time homebuyers only – or you must be purchasing a home in a Target Area
- Owner-occupied only: The home must be your principal residence.
Also, the home must not have been occupied by a tenant within 90 days of the purchase and sale agreement. - Eligible military veterans include:
- Persons receiving an honorable discharge or who have received a discharge for medical reasons with an honorable record;
- Members and honorably discharged former members of the Washington National Guard and Reserve; and
- Never remarried spouses and dependent children of deceased veterans.
- Household income must not exceed $157,100 in King and Snohomish counties, $122,100 in all other counties.
Use of Funds
- Funds may be used for downpayment and closing costs based upon need.
Required Steps
- You must attend a free Homebuyer Education Class sponsored by the Washington State Housing Finance Commission and receive your certificate. You can take this class any time, but the earlier in your homeownership journey, the better. Learn more and find a class.
DPA Loan Repayment
- No monthly payments required (just payment on your mortgage).
- The balance is due and payable when the borrower:
- Sells, refinances, or transfers the property;
- Fails to maintain the property as their principal place of residence; or
- Pays off the home (at 30 years or before)
Is this the right program for me?
Don’t worry – you’ll work with a Commission-trained loan officer who will help you determine which of our downpayment assistance programs will work best for you, as well as the home price you can afford, how much cash you will need to close, and how much you can borrow.Â
ARCH (East King County)
- Serves those buying a home within an ARCH member area of East King County (see below)
- Combines with the Home Advantage or House Key Opportunity first mortgage loan programs
- Offers up to $30,000 in downpayment assistance at 4% simple interest.
Homebuyers
Connect to this Program
Any Commission-trained loan officer can work with you to determine which downpayment assistance program is the best fit.
Lenders
Get the Details
Downpayment Assistance Program Manuals and Other Documents
For use by lending professionals who are trained by the Commission in our programs.
Not yet one of our lending partners?
Learn how to join us here!
Which Homebuyers are Eligible?
- No need to be a first-time homebuyer
- Owner-occupied only: The home must be your principal residence.
Also, the home must not have been occupied by a tenant within 90 days of the purchase and sale agreement. - Buying a home in the following cities of East King County:
- Beaux Arts Village | Bellevue | Bothell | Clyde Hill | Hunts Point | Issaquah | Kenmore | Kirkland | Medina | Mercer Island | Newcastle | Redmond | Sammamish | Woodinville | Yarrow Point
- Buying a home under these price limits:
- New construction home limit = $660,000
- Existing home limit = $646,000.
- Household income must not exceed these limits:
Use of Funds
- Funds may be used for downpayment and closing costs based upon need.
- The borrower must contribute 2% of the purchase price. Up to half of this 2% can be from gift funds.
Loan Repayment
- No monthly payments required.
- The balance is due and payable when the borrower(s):
- Sells, refinances, or transfers the property
- Fails to maintain it as their principal place of residence; or
- When the home is paid off (on or before 30 years).
Required Steps
- You must attend a free Homebuyer Education Class sponsored by the Washington State Housing Finance Commission and receive your certificate. You can take this class any time, but the earlier in your homeownership journey, the better. Learn more and find a class.
-
You must also attend a one-on-one pre-purchase counseling session.
Once you are pre-approved and your lender says you are ready to close, contact one of the following agencies to schedule an appointment for a one-on-one pre-purchase counseling session:
- American Financial Solutions, 888-864-8699
- Parkview Services, Loretta Cael, 509-861-3330
- Urban League of Metropolitan Seattle, 800-368-1455
Is this the right program for me?
Don’t worry – you’ll work with a Commission-trained loan officer who will help you determine which of our downpayment assistance programs will work best for you, as well as the home price you can afford, how much cash you will need to close, and how much you can borrow.Â
Bellingham Downpayment Assistance Program
- Serves those buying a home within the city limits of Bellingham
- Combines with the Home Advantage or House Key Opportunity first-mortgage loan program
- Offers up to $40,000 in downpayment assistance at 3% simple interest.
Homebuyers
Connect to this Program
Any Commission-trained loan officer can work with you to determine which downpayment assistance program is the best fit.
Lenders
Get the Details
Downpayment Assistance Program Manuals and Other Documents
For use by lending professionals who are trained by the Commission in our programs.
Not yet one of our lending partners?
Learn how to join us here!
Which Homebuyers are Eligible?
- First-time homebuyers only
- Owner-occupied only: The home must be your principal residence.
Also, the home must not have been occupied by a tenant within 90 days of the purchase and sale agreement. - Buying a home in the city limits of Bellingham, Wash.
- Buying a home under these price limits:
- Single-Unit (Detached, Attached & Manufactured): $646,000
- Condominium: $356,250
- Household income must not exceed these limits:
Use of Funds
- Funds may be used for downpayment and closing costs based upon need.
- The borrower must contribute $2,500 toward the downpayment or 1% of the purchase price, whichever is greater. Up to 25% of this borrower contribution can be from gift funds.
Loan Repayment
- No monthly payments required.
- The balance is due and payable when the borrower(s):
- Sells, refinances, or transfers the property
- Fails to maintain it as their principal place of residence; or
- When the home is paid off (on or before 30 years).
Required Steps
- You must attend a free Homebuyer Education Class sponsored by the Washington State Housing Finance Commission and receive your certificate. You can take this class any time, but the earlier in your homeownership journey, the better. Learn more and find a class.
- You must also attend a FREE one-on-one pre-purchase counseling session.
Once you are pre-approved and your lender says you are ready to close, contact Kulshan Community Land Trust at 360-671-5600 to schedule an appointment for a one-on-one pre-purchase counseling session:
Is this the right program for me?
Don’t worry – you’ll work with a Commission-trained loan officer who will help you determine which of our downpayment assistance programs will work best for you, as well as the home price you can afford, how much cash you will need to close, and how much you can borrow.
Ask About Downpayment Assistance
Clark County Downpayment Assistance Program
- Serves those buying a home within the city limits of Bellingham
- Combines with the Home Advantage or Opportunity first-mortgage loan program
- Offers up to $60,000 in downpayment assistance at 3% simple interest.
Homebuyers
Connect to this Program
Any Commission-trained loan officer can work with you to determine which downpayment assistance program is the best fit.
Lenders
Get the Details
Downpayment Assistance Program Manuals and Other Documents
For use by lending professionals who are trained by the Commission in our programs.
Not yet one of our lending partners?
Learn how to join us here!
Which Homebuyers are Eligible?
- No need to be a first-time homebuyer
- Owner-occupied only: The home must be your principal residence.
Also, the home must not have been occupied by a tenant within 90 days of the purchase and sale agreement. - Buying a home within Clark County, Wash.
- Buying a home under $600,000
- Household income must not exceed $95,850 per year
Use of Funds
- Funds may be used for downpayment and closing costs based upon need.
Loan Repayment
- No monthly payments required.
- The balance is due and payable when the borrower(s):
- Sells, refinances, or transfers the property
- Fails to maintain it as their principal place of residence; or
- When the home is paid off (on or before 30 years).
Required Steps
- You must attend a free Homebuyer Education Class sponsored by the Washington State Housing Finance Commission and receive your certificate. You can take this class any time, but the earlier in your homeownership journey, the better. Learn more and find a class.
- You must also attend a one-on-one pre-purchase counseling session.
Once you are pre-approved and your lender says you are ready to close, contact to schedule an appointment for a one-on-one pre-purchase counseling session:
- African American Alliance for Homeownership, (503) 595-3517, info@aaah.org
- American Financial Solutions, (888) 864-8699
- HomeSight, (206)760-4228, brooke@homesightwa.org
- Native American Youth and Family Center, (503) 288-8177, rosew@nayapdx.org
- Parkview Services, (509) 861-3330, loretta@parkviewservices.org
- Proud Ground Community Land Trust, (503) 493-0293, info@proudground.org
Is this the right program for me?
Don’t worry – you’ll work with a Commission-trained loan officer who will help you determine which of our downpayment assistance programs will work best for you, as well as the home price you can afford, how much cash you will need to close, and how much you can borrow.
University Housing Assistance Program
- For University of Washington professors and strategic hires, as designated by the university
- Offers up to $90,000 at 3.5% simple interest
- Combines with HouseKey or the Home Advantage first-mortgage loan program
- Can combine with other Commission downpayment assistance
Homebuyers
Connect to this Program
Any Commission-trained loan officer can work with you to determine which downpayment assistance program is the best fit.
Lenders
Get the Details
Downpayment Assistance Program Manuals and Other Documents
For use by lending professionals who are trained by the Commission in our programs.
Not yet one of our lending partners?
Learn how to join us here!
Which Homebuyers are Eligible?
- Borrowers who are professors and strategic hires as designated by the University of Washington (must have university permission)
- First-time homeownership not required
- Borrowers purchasing property within King, Pierce, or Snohomish Counties.
- Owner-occupied only: The home must be your principal residence. Also, the home must not have been occupied by a tenant within 90 days of the purchase and sale agreement.
DPA Loan Repayment
- No payments required for seven years (just payment on your mortgage).
- After seven years, the loan will amortize with principal and interest payments required for the remaining life of the mortgage.
- The balance is due and payable when the borrower(s):
- Sells, refinances, or transfers the property
- Fails to maintain it as their principal place of residence; or
- Pays off the home (at 30 years or before).
Use of Funds
- Funds may be used for downpayment and closing costs based upon need.
- The Borrower’s minimum contribution requirement is 10% of the purchase price. Gift funds are
allowed to meet the borrower’s minimum contribution requirement. The Commission’s Home
Advantage DPA program can also serve to meet the borrower’s minimum contribution requirement.
Required Steps
- You must attend a free Homebuyer Education Class sponsored by the Washington State Housing Finance Commission and receive your certificate. You can take this class any time, but the earlier in your homeownership journey, the better. Learn more and find a class.
Is this the right program for me?
Don’t worry – you’ll work with a Commission-trained loan officer who will help you determine which of our downpayment assistance programs will work best for you, as well as the home price you can afford, how much cash you will need to close, and how much you can borrow.
Ask About Downpayment Assistance
Home Advantage First Mortgage Loan
Income Limit: $180,000 Statewide
No Purchase Price Limit
Home Advantage is our most flexible program, with one simple income limit statewide. Learn more here!
HOUSE KEY OPPORTUNITY FIRST MORTGAGE LOAN
House Key Opportunity serves people whose income is under the following limits. In Target Areas, those limits are higher. See our Target Area Map below to see if a home is in a Target Area.
| Item | Value | Notes |
|---|---|---|
| test 1 | 7788 | these are some notes |
| number 2 | 900 | and some more |
| it's a three | 12345 | so and so |
Target Areas
