RealtyTrac and Down Payment Resource recently compiled a report of how many homes are eligible for various down payment assistance programs by county. Their report revealed that 87% of homes in the United States may qualify for down payment assistance (DPA) for home buyers.
Congratulations to the Washington State Housing Finance Commission!
I’ve just learned that last month, the Washington State Housing Finance Commission did their 50,000 closing! In other words, WSHFC has helped over 50,000 families buy a home in Washington state using one of their first mortgage and down payment assistance programs. The 50,000th home buyers are from Federal Way and represent a typical Home Advantage home buyer:
Washington State Down Payment Assistance Programs and Grants
UPDATE: This was published in 2014. Please be sure to check out our updated Down Payment Assistance Guide and First-Time Home Buyers Programs Guide for more up-to-date information.
Washington State home buyers have several various down payment assistance programs available, and they’re not just limited to first time home buyers. These funds can go towards closing cost and the down payment of primary residence.
Here’s an updated list of what I have available.
WSHFC now offers reduced mortgage rates with no DPA
The 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.




