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By Tyler Thompson · Licensed Real Estate Agent · Updated April 28, 2026

Homebuyer Programs in Bothell, WA (2026)

Population: 50,213 | Median home price: $970,000 | Est. closing costs: $19,500 - $29,000

Skyline of Bothell, WA

Bothell is a North King and South Snohomish County city of about 50,213 residents, home to the University of Washington Bothell campus, with a median home price near $970,000. Because Bothell straddles two counties, buyers here can pull from program pools in both: the ARCH East King County Down Payment Assistance Loan provides up to $30,000 for the King County side, the ARCH Affordable Homeownership Program offers below-market resale-restricted homes typically tens of thousands below market, and the Snohomish County Down Payment Assistance Program provides up to $50,000 for the Snohomish portion. The Washington State Housing Finance Commission stacks on top with Home Advantage DPA up to 5% of the loan, Veterans DPA up to $10,000, HomeChoice up to $15,000 for buyers with disabilities, and the Covenant Homeownership Program up to $150,000. Habitat for Humanity Snohomish County and Habitat for Humanity Seattle-King and Kittitas Counties both serve Bothell families at 30%-80% AMI, the King County Housing Authority Homeownership Voucher Program lets eligible Section 8 households apply their voucher toward a mortgage, and credit union grants from BECU (up to $8,000) and WSECU (up to $10,000) reduce closing-day costs.

City Programs in Bothell

ARCH Affordable Homeownership Program
Type:
Grant
Amount:
Below-market home purchase; subsidy value varies by property (typically tens of thousands to $100,000+ off comparable market-rate homes).
First-time only:
Yes
ARCH East King County Down Payment Assistance Loan
Type:
Deferred Loan
Amount:
Up to $30,000
First-time only:
No

County Programs in King County / Snohomish County

King County Housing Authority Homeownership Voucher Program
Type:
Government-Guaranteed Mortgage
Amount:
Monthly Housing Choice Voucher subsidy applied to mortgage payment in place of rent.
First-time only:
Yes
Snohomish County Down Payment Assistance Program
Type:
Deferred Loan
Amount:
Up to $50,000
First-time only:
Yes

State Programs in Washington

Covenant Homeownership Program
Type:
Forgivable Loan
Amount:
Up to $150,000 (20% down plus closing costs)
First-time only:
Yes
Home Advantage DPA
Type:
Deferred Loan
Amount:
Up to 5% of the first mortgage loan amount
First-time only:
No
Home Advantage Needs-Based DPA
Type:
Deferred Loan
Amount:
Up to $10,000
First-time only:
No
HomeChoice Down Payment Assistance
Type:
Deferred Loan
Amount:
Up to $15,000
First-time only:
Yes
Opportunity Down Payment Assistance
Type:
Deferred Loan
Amount:
Up to $15,000
First-time only:
Yes
Veterans Down Payment Assistance
Type:
Repayable Loan
Amount:
Up to $10,000
First-time only:
Yes

Federal Programs

FHA Loans
Type:
Government-Insured Mortgage
Amount:
Up to FHA county loan limits ($541,287 floor to $1,249,125 ceiling for single-family in 2026)
First-time only:
No
FHLBA Community Partners Product
Type:
Forgivable Loan
Amount:
Up to $20,000 in home purchase assistance for down payment and closing costs
First-time only:
No
FHLBA First Time Homebuyer Product
Type:
Forgivable Loan
Amount:
Up to $17,500 in home purchase assistance for down payment and closing costs
First-time only:
Yes
FHLBA Workforce Housing Plus+
Type:
Forgivable Loan
Amount:
Up to $15,000 in home purchase assistance for down payment and closing costs
First-time only:
No
Good Neighbor Next Door (HUD)
Type:
Government Property Sale Program
Amount:
50% discount off the list price of HUD-owned homes
First-time only:
Yes
Home Possible Mortgage (Freddie Mac)
Type:
Government-Guaranteed Mortgage
Amount:
Up to conforming loan limits ($832,750 standard / $1,249,125 high-cost in 2026); 3% minimum down payment
First-time only:
No
HomeReady Mortgage (Fannie Mae)
Type:
Government-Guaranteed Mortgage
Amount:
Up to conforming loan limits ($832,750 standard / $1,249,125 high-cost in 2026); 3% minimum down payment
First-time only:
No
HUD $100 Down Program
Type:
FHA-Financed HUD REO Purchase
Amount:
Only $100 down payment required (vs. standard 3.5% FHA down payment). HUD may also pay up to 3% of buyer's closing costs.
First-time only:
No
USDA Rural Development Loans
Type:
Government-Guaranteed Mortgage
Amount:
100% financing (no down payment required); loan amount up to appraised value
First-time only:
No
VA Loans
Type:
Government-Guaranteed Mortgage
Amount:
No loan limit for veterans with full entitlement (0% down at any price); partial entitlement subject to conforming limits ($832,750 standard in 2026)
First-time only:
No

Nonprofit Programs

BECU First-Time Homebuyer Grant
Type:
Grant
Amount:
Up to $8,000 (the lesser of 3% of purchase price, 3% of appraised value, or $8,000)
First-time only:
Yes
Habitat for Humanity Seattle-King and Kittitas Counties Homeownership Program
Type:
Zero-Interest Loan
Amount:
Below-market home sale with zero percent interest mortgage
First-time only:
Yes
Habitat for Humanity Snohomish County Homeownership Program
Type:
Zero-Interest Loan
Amount:
Below-market home sale with zero-percent or low-interest affordable mortgage. Effective subsidy typically tens of thousands of dollars.
First-time only:
Yes
WSECU Welcome Home Grant
Type:
Grant
Amount:
Up to 5% of the home sale price, not to exceed $10,000
First-time only:
Yes

How to Apply

Step 1:

Identify which side of Bothell your home is on. King County addresses qualify for ARCH and KCHA programs; Snohomish County addresses qualify for the Snohomish County DPA and Habitat Snohomish. Your title commitment will confirm the county.

Step 2:

Confirm income eligibility. Most local programs require household income at or below 80% of King or Snohomish County AMI (roughly $147,400 for a four-person household in either county for 2026).

Step 3:

Complete homebuyer education. The Washington Homeownership Resource Center, ARCH, and Habitat all offer HUD-approved courses. Most state and credit union programs require a certificate.

Step 4:

Contact a local nonprofit. For ARCH homes and DPA, visit archhousing.org. For Habitat homeownership, contact Habitat Seattle-King and Kittitas Counties at habitatskc.org or Habitat Snohomish County at homeownerservices@habitatsnohomish.org or 425-405-7765. For Section 8 voucher homeownership, call King County Housing Authority at (206) 574-1100.

Step 5:

Get pre-approved through a participating WSHFC lender. The Washington State Housing Finance Commission has a network of lenders trained on Home Advantage, HomeChoice, Opportunity, Veterans DPA, ARCH, and Covenant Homeownership programs. Call the Washington Homeownership Hotline at 1-877-894-4663 to find one. WSECU and BECU both originate WSHFC loans alongside their own grants.

Step 6:

Find a home within program price limits. WSHFC and ARCH sales price limits in King County align with the conventional loan limit (well above $700,000 for 2026). Habitat homes are pre-priced below market and inventory is limited.

Step 7:

Submit your loan and DPA application. State DPA and ARCH DPA are processed alongside your mortgage application. Habitat applications follow their own intake cycles, so plan ahead.

Step 8:

Close on your home. WSHFC and ARCH DPA loans record as deferred second mortgages. Credit union grants apply as a credit on your closing disclosure.

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