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Get Matched Free →ARCH East King County Down Payment Assistance Loan
Funding status: Active
How much assistance
Up to $30,000
Not forgiven. Balance due at 4% simple interest when the home is sold, refinanced, transferred, paid off, or no longer the primary residence.
Eligibility
- Income limits: At or below 80% of Area Median Income for King County.
- First-time buyer required: No
- Geographic restrictions: Property must be located in an ARCH member city: Beaux Arts Village, Bellevue, Bothell, Clyde Hill, Hunts Point, Issaquah, Kenmore, Kirkland, Medina, Mercer Island, Newcastle, Redmond, Sammamish, Woodinville, or Yarrow Point.
- Homebuyer education required: Yes
How to Apply for ARCH East King County Down Payment Assistance Loan
Complete the free Homebuyer Education Seminar sponsored by WSHFC and obtain the certificate.
Attend a free one-on-one pre-purchase counseling session.
Work with a WSHFC-participating lender to get pre-approved for a Home Advantage or House Key Opportunity first mortgage.
When you identify a home in an ARCH member city, your lender submits the ARCH DPA reservation to WSHFC.
ARCH DPA closes simultaneously with the first mortgage.
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