WSHFC Home Advantage Down Payment Assistance Loan

Washington State Housing Finance Commission (WSHFC)

Available Home Repair

About This Program

WSHFC Home Advantage Down Payment Assistance Loan is available in Seattle, WA.

WSHFC's Home Advantage program provides down payment assistance as a second mortgage equal to 4% of the first mortgage amount (up to ~$15,000) at 1% interest with 30-year deferred payments. Household income must not exceed $215,000; borrowers in King or Snohomish counties earning under $147,400 qualify for the maximum $10,000 assistance. All borrowers must complete an approved homebuyer education seminar. Intended for first-time buyers purchasing a primary residence in Washington State.

4% of a $350,000 mortgage equals $14,000 in down payment assistance.

Official program page checked live on 2026-06-22.

Data last verified 2026-04-03. How we verify our data.

In Seattle, WA, you can combine this program with other local help to cut your cost:

Key Details

  • Second mortgage of 4% of first loan (up to ~$15,000)
  • 1% interest rate, 30-year deferred payments
  • King/Snohomish County income limit: $147,400
  • Household income cap $215,000; must be primary residence
  • Homebuyer education seminar required; call 1-800-767-4663

How to Apply

Get free help applying Visit Official Program Page Track this program

1-800-767-4663

A grant-savvy contractor in Seattle, WA can handle the paperwork, inspections, and timelines so your funding releases on schedule. Getting matched is free.

You will likely need a contractor to apply

Projects like this almost always need a licensed contractor, and many grants ask for a written estimate as part of your application. Lining up a contractor in Seattle early keeps your application moving.

Get matched with a contractor

Each program sets its own contractor rules. Check the official program page for exact requirements.

Your application paperwork

Documents you will likely need

  • Proof you own and live in the home (deed, recent mortgage statement, or property tax bill).
  • A government-issued photo ID for every owner on title.
  • Household income proof (recent pay stubs, last year's tax return, or benefit award letters for everyone in the home).
  • A written estimate from a licensed contractor for the work (many programs require this to apply).
  • Photos of the problem area or the work to be done.
  • The program's own application form, completed (use the official link or phone number on this page).
Download this checklist (PDF)

Requirements vary by program and locality. Confirm the exact rules on the official program page. We can help you prepare your paperwork, but you submit it yourself.

Deadline: Rolling

Questions about this program?

Ask us. It is free, and a real person answers within a business day.

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Frequently asked questions

How much can WSHFC Home Advantage Down Payment Assistance Loan provide in Seattle, WA?

Up to $15,000 (4% of first mortgage) for down payment/closing costs.

How do I apply for WSHFC Home Advantage Down Payment Assistance Loan in Seattle, WA?

Apply directly with Washington State Housing Finance Commission (WSHFC) using the official program link on this page or call 1-800-767-4663. There is no middleman and no fee.

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Find More Programs in Seattle, WA

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