The Washington State Housing Finance Commission (WSHFC) offers two distinct loan programs, the Home Advantage program and the House Key program, aimed at making homeownership more accessible and affordable for Washington residents. Both programs emphasize financial education resources to empower buyers throughout the home buying process.
The Home Advantage program caters to a broader range of homebuyers, including first-time buyers, by providing various loan options such as conventional, FHA, VA, and USDA loans, accompanied by competitive interest rates and down payment assistance in the form of second mortgages.
The House Key program specifically targets low-to-moderate income households, offering fixed-rate loans with favorable terms and down payment assistance in the form of low-interest rate second mortgages or grants.