Washington · Deferred loan

WSHFC Home Advantage DPA

3-5% of loan amount, deferred

3-5% of first mortgage amount as a deferred second mortgage. Repaid on sale or refinance.

WSHFC's Home Advantage provides up to 5% of the loan amount for first-time and repeat buyers. Washington's tech-driven economy creates extreme housing pressure, particularly in the Seattle metro. Home Advantage helps residents access homeownership in competitive markets.

Amount3-5% of loan amount, deferred

TypeDeferred loan

Available inWashington

First-time buyer requiredYes

Minimum credit score620

Multi-unit eligibleYes — 1-4 units

House-hack eligible

This program can be used on 1-4 unit properties. Live in one unit, rent the others.

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