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Get Matched Free →OlyFed Affordable Homebuyer Program
Funding status: Active
How much assistance
Discounted interest rate, reduced origination fee (flat $800 vs typical 1%), discounted PMI, and ability to finance up to 97% with all but $1,000 of down payment from gifts/DPA
Not applicable; this is a discounted first mortgage, not a forgivable loan
Eligibility
- Income limits: Gross household income at or below 80% of area median income for Thurston, Lewis, or Mason counties
- Purchase price limit: $404,500
- First-time buyer required: Yes — First-time homebuyer required
- Geographic restrictions: Property must be located in Thurston, Lewis, or Mason counties
- Homebuyer education required: No
How to Apply for OlyFed Affordable Homebuyer Program
Contact OlyFed to confirm eligibility and begin a purchase or non-cash-out refinance application. Loan can be combined with WSHFC or other DPA programs to cover down payment and closing costs.
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