Our funds are guaranteed. You wull not have to worry about the borrower spending their downpayment or having to source a borrower’s gift funds. We will be there when your borrower is ready to close.

Targeted areas do not apply to the Home Advantage program, only to House Key Opportunity. Learn more about income limits and targeted areas here.

No.  All homes purchased under our program must be owner occupied as your primary residence.

Class certificates, evaluation and participant registration forms are emailed to you the evening that your class is approved.

Visit [page] and follow the instructions to set up a homebuyer education class (after you have completed training and received approval). Just let us know if you need assistance. If you haven’t received approval yet, request it here.

Register for an upcoming class here.

We can help you connect with a lender!  Just contact our program manager at Corinna.Obar@wshfc.org.

Realtors are not required to complete a training class in order to assist their clients. However, we recommend that Realtors do complete a training class to learn about all the ways our programs can help your clients. Also, if you wish to co-instruct homebuyer education classes, you will need to complete the training class.

Yes. Double-wide or larger manufactured homes are eligible for FHA and USDA loans. For manufactured homes using Fannie Mae HFA Preferred or Fannie Mae MH Advantage, please follow FNMA guidelines. Manufactured homes are not permitted under the Freddie Mac HFA Advantage program. Please see the Commission Manufactured Home Matrix.

Home Advantage allows non-occupant co-borrowers if allowed per agency guidelines, but House Key Opportunity requires all borrowers to occupy the subject property.

Yes. All buyers who are on the Note and Deed of Trust, whether occupants or not, non-occupant co-borrowers, as well as occupant buyers, must complete a Commission-sponsored Homebuyer Education class prior to loan reservation.

Homebuyer education classes are always free and during the current pandemic, 100% virtual. Almost every day, a class is offered in your area or elsewhere in the state Find a free class on our Training/Education page.

You don’t need to save up 10% before you can think about homeownership. Our downpayment assistance can fill the gap with no-cost and low-cost loans.

Your best first step is to take a free Homebuyer Education Seminar. The class is required to use our programs, and your certificate is valid for two years.  Then connect with a Commission Trained Loan Officer to pre-qualify for a home loan and start looking for a home in your price range!

Participating Lenders qualify, process, and underwrite your loan. The Commission does not make the loan directly to you. Just connect with a Commission-trained loan officer to get started!

Home Advantage offers competitive rates as well as downpayment and closing-cost assistance, for a lower monthly mortgage payment

Home Advantage is a loan program that offers downpayment assistance and competitive interest rates to families earning up to $145,000 a year.  Your lender will qualify you on a typical 30-year mortgage loan using our interest rate. You can also get help with the downpayment and closing costs – up to 4% of the mortgage loan amount  

Home Advantage is our most flexible program, with one income limit statewide. House Key Opportunity offers more help to households with lower incomes. Both programs offer multiple options for downpayment assistance. Find out more and compare here.

Target areas apply to our House Key Opportunity program (not Home Advantage).  Just use the map on our Income Limits page: Enter the address of the home and the map will show whether it is in a targeted area. The page also shows House Key Opportunity income limits for each county.

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