How Much Money Do You Need to Buy a Home?
Down payment, closing costs, and real-world ways to make homeownership possible
One of the biggest myths about buying a home is that you “need 20% down.” In reality, many buyers can purchase with far less—and sometimes with little to no out-of-pocket funds, depending on the loan program, down payment assistance options, and whether the seller contributes toward closing costs.
In this workshop replay, I break down the real costs of buying a home, when those costs show up during the transaction, and the most common (and acceptable) ways to source your funds—so you can plan with confidence. [Read more…]
Low-Down-Payment Programs, Renovation Loans & Down Payment Assistance Options
We have added a new down payment assistance program where eligible home buyers can receive up to 100% financing. This program is not limited to first time home buyers and there are no income limits with an FHA mortgage as the first lien. Would you like more good news? The down payment assistance is in the form of a second mortgage with a 5-year forgivable option OR a 10-year repayable option.
Last month 
Hot off the press! Washington State Housing Finance Commission has just announced that income limits for the Home Advantage program are being increased to $160,000 effective July 2, 2021.
The Washington State Housing Finance Commission has just announced they are increasing the income limits on all of their 
This post is the last in my series showing different options for buying a home using mortgages with low down payment options. The series started from a posting I saw on Facebook where one of my West Seattle neighbors is trying to find a place to rent that accepts pets. This is my handsome pup, Hitch, who might not be allowed in most apartments since he’s over 65 pounds…even though he’s just a big puppy. 🙂
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