DOWNPAYMENT ASSISTANCE LOAN PROGRAM OFFERS A GREAT PROGRAM FOR OUR VALUED LOCAL TEACHERS!
– Information provided by the Washington State Housing Finance Commission
1000 Second Avenue, Suite 2700, Seattle, WA 98104
Phone: 206.464.7139 or 800.767.4663 | Fax: 206-587-5113 |
House Key Schools Program is a downpayment assistance second mortgage loan program with a 3.00% interest rate and a ten-year loan term for teachers and employees of community or technical colleges and K-12 public or private schools that are accredited or recognized by the state of Washington.
House Key Schools combines with the Home Advantage first mortgage loan program.
Borrowers must be first-time homebuyers or buying in a targeted area.
Borrowers must qualify for the Home Advantage Program first mortgage loan program.
MAXIMUM INCOME LIMITS as of 01/03/2014
All Other Counties: $71,400
Borrowers must attend a Commission-sponsored homebuyer seminar prior to reserving funds. Cash back to borrowers is not allowed.
MAXIMUM LOAN AMOUNT
Eligible households may qualify for a maximum loan amount of up to $10,000.
A Participating Loan Officer can help you determine an acquisition price you can afford, how much cash you will need to close, and how much you can borrow on a House Key Schools loan.
If you have any additional questions about this our any downpayment assistance loan program, please feel free to contact me directly!
I am passionate about Real Estate and eager to answer all of your real estate questions! Text or Call me at 360-880-2356 or email me directly to ask about Buying, Selling or Investing in today's Real Estate Market - serving Lewis County & Thurston County, WA.
Certified Residential Specialist | Real
Mountain Valley Real Estate