Burien Home Buyer Class on May 10, 2014

Seattle Home Buyer ClassesThe next home buyer education class that I’m teaching is coming up on Saturday, May 10th, 2014 at the Burien Library. Ira Sacharoff, Real Estate Broker with Better Properties Real Estate is my fellow instructor.

The class is sponsored by the Washington State Housing Finance Commission. Students who attend are eligible for programs like Home Advantage, House Key (state bond) or Home Possible as well as various down payment assistance programs and MCC (mortgage credit certificates) tax credits.If you are considering buying a home with your spouse, partner or friend, they need to attend the class too in order to qualify for programs. You do not need to be a first time home buyer to qualify for many of these programs. And you’re welcome to attend if you’re just interested in learning more about the process.

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House Key Washington State Bond financing to return

Washington State Bond House KeyIt’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.

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WSHFC now offers reduced mortgage rates with no DPA

2013-03-07_0746The Washington State Housing Finance Commission offers several mortgage programs with various types of down payment assistance for home buyers. In order to qualify for the program, home buyers need to have household income of $97,000 or lower and attend a WSHFC sponsored home buyers class.

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National Home Buyers Fund Down Payment Assistance now available!

2013-03-07_0746EDITORS NOTE: It appears as though this program is being suspended effective the end of February 2016. If you’re considering using a grant, you might want to check out other down payment assistance options such as Home Advantage.

I am just learning about a down payment assistance program (dpa) that I now have available at Mortgage Master Service Corporation. The NHF Platinum Program is a little different than what you may be used to as it’s a grant that does not have to be repaid.

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WSHFC announces new income limits for down payment assistance programs

The Washington State Housing Finance Commission has announced changes to income limits for some of their down payment assistance programs.

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Question about Home Advantage Down Payment Assistance (DPA)

mortgageporter-thinkingYesterday I received an email with this question that I thought would be helpful to my readers considering the popular Home Advantage Mortgage program with down payment assistance:

I’ve been studying the different loan programs in WA State and came across your website. We’re considering taking out a Home Advantage mortgage but need clarification on one of the restrictions.

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Two Home Buying Seminars Coming Up!

iStock_000020110629XSmallIf you are considering buying a home and want to learn more about the process, I invite you to attend one of upcoming seminars I have scheduled. Both classes are sponsored by the Washington State Housing Finance Commission (WSHFC) and attendees are eligible for down payment assistance programs offered through WSHFC.

I’ve just scheduled the following seminars:

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Eight Down Payment Assistance Programs for Washington Home Buyers

2013-03-07_0746Did you know that the Washington State Housing Finance Commission offers 8 different down payment assistance programs for Washington state home buyers? It’s true! And some of them do not require you to be a first time home buyer.  The WSHFC down payment assistance programs listed below can be used with a Home Advantage first mortgage:

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