Washington Down Payment Assistance (DPA): Your Path to Homeownership
Don't let the down payment be a barrier. We are experts in navigating Washington State's DPA programs to help you secure your first home with minimal out-of-pocket costs.
Washington offers a variety of robust Down Payment Assistance programs, including those through the Washington State Housing Finance Commission (WSHFC). These programs can provide grants or second mortgages to cover your down payment and closing costs. The key is knowing which programs you qualify for and how to integrate them seamlessly into your purchase offer. We work closely with DPA-approved lenders to ensure a smooth, successful transaction.
Here's How We Can Work Together
DPA Program Guides
Detailed breakdowns of specific programs like the Home Advantage and House Key programs.
Loan Terms Explained
Glossary of financing terms, including second mortgages and forgivable loans.
Got Questions?
FAQ about DPA
Not necessarily. While some sellers prefer conventional financing, an experienced agent can structure a DPA offer to be strong and attractive. We focus on clear communication and a quick closing timeline to make your offer stand out.
It depends on the program. Some are grants that do not need to be repaid, while others are “silent second” mortgages that are deferred until you sell, refinance, or pay off your first mortgage. We will help you understand the terms of each option.