This second mortgage loan program has a 0% interest rate, payment deferred for 30 years, and combines with the Home Advantage first mortgage loan program. Borrowers must meet the income limits for the Home Advantage Program first mortgage
This second mortgage loan program has a 1% interest rate, payment deferred for 30 years, and also combines with the Home Advantage first mortgage loan program.
Veterans is a downpayment assistance, second mortgage loan program with a 3.00% interest rate and payments deferred for up to 30 years for Washington State veterans who have served our country. Veterans combines with the Home Advantage or House Key first mortgage loan program.
HomeChoice is a downpayment assistance, second mortgage loan program for qualified borrowers who have a disability or who have a family member with a disability living with them. Funds up to $15,000 of down payment. HomeChoice combines with House Key and Home Advantage first mortgage loan programs. One-on-one counseling is required.
Opportunity is a downpayment assistance, second mortgage loan program with a 1.00% interest rate, payment deferred for 30 years, up to $10,000 and combines with the Opportunity first mortgage loan program.
The Seattle Downpayment Assistance Program is a second mortgage loan program that combines with the Home Advantage or Opportunity first mortgage loan program. This program is for qualified borrowers purchasing within the city limits of Seattle. This program allows up to $55,000 in downpayment assistance with payments deferred for 30 years, at 3% simple interest.
Bellingham downpayment assistance is a second mortgage loan program that combines with the Home Advantage or House Key Opportunity first mortgage loan program. This program is for people buying within the City of Bellingham limits. This program allows up to $40,000 in downpayment assistance with payments deferred for 30 years, at 3% simple interest.
Tacoma downpayment assistance is a second mortgage loan program that combines with the Home Advantage or Opportunity first mortgage loan programs. This program is for qualified borrowers purchasing within the eligible city limits (PDF) of Tacoma. This program allows up to $20,000 in downpayment assistance with payments deferred for 30 years, at 4% simple interest.