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Yakima Federal Savings First-Time Homebuyer Down Payment Assistance

Administered by: Yakima Federal Savings and Loan · Nonprofit · Grant

Funding status: Active

How much assistance

Up to $15,000 (Grant)

Funded as a grant through the Federal Home Loan Bank of Des Moines. Subject to FHLB program terms and any recapture requirements; confirm current terms with Yakima Federal.

Eligibility

  • Income limits: Borrower must meet FHLB Des Moines income eligibility guidelines, generally targeted to low- and moderate-income households. Confirm current income limits with Yakima Federal.
  • First-time buyer required: Yes — Buyer has not owned a home in the past three years.
  • Geographic restrictions: Available for homes purchased with a Yakima Federal Savings mortgage. Primary service area is Yakima Valley and Central Washington.
  • Homebuyer education required: Yes

How to Apply for Yakima Federal Savings First-Time Homebuyer Down Payment Assistance

Step 1: Contact Yakima Federal Savings home loan specialists at 800-331-3225 or visit a branch to discuss eligibility, complete the required first-time homebuyer class, and apply for the grant alongside a Yakima Federal first mortgage.

Notes

Grant funded by Federal Home Loan Bank of Des Moines and subject to availability. Bank-administered program — must use Yakima Federal for your first mortgage. Verify current grant amount and terms with Yakima Federal before applying.

Cities Where This Program Is Available