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Get Matched Free →Pierce County Down Payment Assistance Program
Funding status: Active
How much assistance
Up to $24,900 (Deferred Loan)
4 percent simple interest second mortgage with payments deferred for 30 years; balance due upon sale, refinance, transfer, payoff, or when home no longer used as primary residence
Eligibility
- Income limits: WSHFC Home Advantage or House Key Opportunity income limits apply; verify current thresholds with your WSHFC lender
- First-time buyer required: Yes — First-time homebuyer required (no homeownership in the past three years)
- Geographic restrictions: Property must be located within Pierce County limits, but outside the city limits of Tacoma, Lakewood, Bonney Lake, Auburn, and Pacific
- Homebuyer education required: Yes
How to Apply for Pierce County Down Payment Assistance Program
Step 1: Borrower must contribute a minimum of $1,000 of their own funds (gifts allowed). Pair with a WSHFC Home Advantage or House Key Opportunity first mortgage through a participating WSHFC lender. Complete a free WSHFC Homebuyer Education Seminar plus a one-on-one pre-purchase counseling session before closing. Contact Dietrich Schmitz at 206-287-4459 or 800-767-4663 ext. 459.
Notes
Pairs only with WSHFC first mortgages. Verify current funding status with your WSHFC lender before applying.