It’s anticipated that funds will become available for the House Key program in a couple weeks. House Key is the Washington state bond program that offers below market rates to borrowers that meet certain criteria, including income limits. Income limits vary by county and family size.
Home buyers who use House Key for their financing often combine it with one of the many down payment assistance programs offered through the Washington State Housing Finance Commission.
Because the rates are lower and funds are limited, this program typically is available for a short amount of time.
House Key does require borrowers to attend a WSHFC sponsored home buyer class. Here’s a list of WSHFC sponsored classes that I’m teaching. If you’re interested in House Key
House Key cannot be combined with MCC (mortgage credit certificates).
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