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

Homebuyer Programs in Edmonds, WA (2026)

Population: 42,701 | Median home price: $895,000 | Est. closing costs: $18,000 - $27,000

Skyline of Edmonds, WA

Edmonds is a waterfront Snohomish County city of about 42,701 residents on Puget Sound, with a median home price near $895,000 — one of the more expensive Snohomish County markets. The City of Edmonds does not currently run its own homebuyer down payment assistance program, so buyers stack help from the Snohomish County Down Payment Assistance Program (up to $50,000 as a 30-year deferred loan), the Washington State Housing Finance Commission Home Advantage DPA (up to 5% of the loan), HomeChoice (up to $15,000 for buyers with disabilities), Veterans DPA (up to $10,000), and the Covenant Homeownership Program (up to $150,000 for eligible historically excluded buyers). Habitat for Humanity Snohomish County serves Edmonds families at 30%-80% of Snohomish County AMI. Credit union grants from BECU (up to $8,000) and WSECU (up to $10,000) reduce closing-day costs.

County Programs in Snohomish County

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 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:

Confirm your eligibility. Most local programs require household income at or below 80% of Snohomish County AMI, which is roughly $147,400 for a four-person household in 2026. Pull a recent pay stub and tax return to verify.

Step 2:

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

Step 3:

Contact a local nonprofit. For Habitat homeownership in the Edmonds area, contact Habitat for Humanity Snohomish County at homeownerservices@habitatsnohomish.org or 425-405-7765. For the Snohomish County DPA, contact a participating WSHFC lender.

Step 4:

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, the Snohomish County DPA pairing, and Covenant Homeownership programs. Call the Washington Homeownership Hotline at 1-877-894-4663 to find one. WSECU and BECU originate WSHFC loans alongside their own grants.

Step 5:

Find a home within program price limits. Given Edmonds prices near $895,000, work closely with your lender on WSHFC sales price caps. Habitat homes are pre-priced below market and inventory is limited.

Step 6:

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

Step 7:

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

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