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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Home Buyer Class in Green Lake

Seattle Home Buyer ClassesDo you or someone you know want to learn more about the home buying process? If so, you might consider attending my next Home Buyer Class that I will be teaching with Jim Reppond of Coldwell Banker Danforth. This class is sponsored by the Washington State Housing Finance Commission and participants are eligible for down payment assistance, programs like Home Advantage or Home Possible and/or mortgage credit certificates (MCC).

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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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Home Buyer’s Education Class in Kent

Seattle Home Buyer ClassesI will be teaching a Home Buyer’s Education Class at the corporate office of Mortgage Master Service Corporation on Saturday, January 18, 2014. My co-instructor is Ira Sacharoff, a Real Estate Broker with Better Real Estate.

Participants who attend this Washington State Housing Finance Commission sponsored class are eligible for programs like Home Advantage and for down payment assistance. The 5 hour WSHFC course is a requirement in order to qualify for these programs.

NOTE: This post has been updated. We decided to postpone the class, which was originally scheduled for January 11th to January 18th because of the Seahawks game. GO HAWKS!!

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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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Seattle Home Buyer Education Seminar on September 28, 2013

iStock_000020110629XSmallI will be teaching a home buyer education class on Saturday, September 28, 2013 at the Columbia City Library located at 4721 Rainier Avenue South in Seattle. My co-instructor is non-other than Ira Sacharoff, Real Estate Agent with Better Properties Real Estate. Class begins at 11:45 am and ends around 4:45 pm.

We will be serving lunch. Please bring a snack if you have dietary concerns as we will not have a lunch break.  Sign up for this class by clicking here. 

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