Low Interest Rate Loans From WSHFC For WA 1st Home Purchasers

Special Loan Program For 1st Time Buyers In WA

If you’re looking to purchase your first residence in Washington but find yourself at a loss as to where to turn for a mortgage loan. You need not worry. First time home buyer loans in Washington are provided by the Washington State Housing Finance Commission (WSHFC). Not only do they provide below-market interest rates on your mortgage loan, they also provide other substantial programs for 1st time home buyers.


Washington First Time Home Buyer Loans
Washington First Time Home Buyer Loans

Here are some details on WSHFC’s loan program:

House Key Opportunity


Home Advantage Rates | House Key Opportunity Rates

Interest Rate*        Origination Fee Points** Effective as of:
FHA, VA, & USDA Rural Development Loans:
3.625%   30-year fixed 1%    0 11/21/2016
Conventional Loans:
3.875%   30-year fixed 1%    0 11/21/2016

*This is not an advertisement for credit as defined in Regulation Z; contact a WSHFC Participating Lender for Annual Percentage Rate (“APR”).
**Further fees may apply. Contact your participating loan officer for further information.


Applicants using the following downpayment assistance programs:


HomeChoice Program


ARCH East King County


Pierce County

House Key Veterans


Purchasers using community second programs previously used with the House Key Opportunity program.

Household purchasing never occupied new construction or in a community land trust (with or without the above downpayment assistance programs)

The House Key Opportunity Program will be funded with tax-exempt mortgage revenue bonds and cannot be combined with the Mortgage Credit Certificate program. Additional IRS guidelines apply. Please talk with a Participating Lender.

For complete details on this loan, including contact information and instructions on how to apply, please visit this WSHFC loan page.

More Washington First Time Buyer Resources

In addition to the above first time homebuyer loan from WSHFC, there are resources available as well. Be sure to visit Washington down payment assistance, as well as our page that shares details about grants available in WA to purchase your first home.