Washington Veterans Downpayment Assistance Program
Washington State Housing Finance Commission offers Veterans Downpayment Assistance Program to home buyers in Washington: up to $10,000, as a deferred loan.
- Amount
- As much as $10,000
- Type of help
- A deferred loan
- Only first-time buyers
- No
How is Washington Veterans Downpayment Assistance Program paid back?
A deferred loan means no payments are due right away.
Monthly payments aren't required on a deferred loan. The full balance is due if the home is sold, the first mortgage is refinanced, or that mortgage is paid off.
Who qualifies for Washington Veterans Downpayment Assistance Program?
- Being a first-time buyer isn't required.
- This help is tied to a first mortgage through the Commission, either Home Advantage or the House Key Opportunity option.
Your county and household size set most limits. Use our HUD income limits tool to see your area's median income and how your household compares.
How to apply for Washington Veterans Downpayment Assistance Program
- Before any offer on a house, either speak with a lender in Washington State Housing Finance Commission's network or contact the agency.
- Your lender compares your income, credit and the home to the program's rules, then reserves the funds for you.
- At closing, the money goes toward your down payment and closing costs.
Check Washington State Housing Finance Commission's page for Veterans Downpayment Assistance Program for the full rules and to see whether it's accepting applications.
Ask a lender about Washington Veterans Downpayment Assistance Program
Tell us where you're buying and a lender that works with Washington's programs can tell you whether Washington Veterans Downpayment Assistance Program fits you, and what you could combine with it.
Prefer not to call? Share your information and the lender will get in touch with you.
More first-time buyer programs in Washington
- Washington Home Advantage DPA:
A deferred loan of up to 5% of the home loan.
- Washington Home Advantage Needs-Based DPA:
A deferred loan of up to $10,000.
- Washington House Key Opportunity DPA:
A deferred loan worth up to $15,000.
- Washington Covenant Homeownership:
A deferred loan of up to 20% of the price, capped at $150,000.
- Washington HomeChoice DPA:
A deferred loan of as much as $15,000.
All first-time home buyer programs in Washington · Down payment assistance across every state