See programs you qualify for
Get Matched Free →By Tyler Thompson · Licensed Real Estate Agent · Updated April 24, 2026
Homebuyer Programs in Everett, WA (2026)
Everett is the county seat of Snohomish County and a major Puget Sound job hub, home to Boeing's widebody-aircraft assembly plant and Naval Station Everett. The median home price sits around $575,000 — significantly below King County markets like Seattle and Bellevue. First-time buyers in Everett can stack the Snohomish County Down Payment Assistance Program (up to $50,000 at 3% deferred interest) with Washington State Housing Finance Commission programs like Home Advantage DPA (up to 5% of the first mortgage), HomeChoice ($15,000), and Opportunity DPA ($15,000). Nonprofit partners Habitat for Humanity of Snohomish County and Homes and Hope Community Land Trust build and sell permanently affordable homes in Everett, and the statewide Covenant Homeownership Program offers up to $150,000 to qualifying first-time buyers whose ancestors were excluded from homeownership by historical discrimination.
County Programs in Snohomish County
| Program Name | Type | Amount | First-Time Only | Details |
|---|---|---|---|---|
| Snohomish County Down Payment Assistance Program | Deferred Loan | Up to $50,000 | Yes | View → |
- Type:
- Deferred Loan
- Amount:
- Up to $50,000
- First-time only:
- Yes
State Programs in Washington
| Program Name | Type | Amount | First-Time Only | Details |
|---|---|---|---|---|
| Covenant Homeownership Program | Forgivable Loan | Up to 20% of the purchase price (or appraised value, if lower), capped at $150,000, plus buyer-paid closing costs | Yes | View → |
| Home Advantage DPA | Deferred Loan | Up to 5% of the first mortgage loan amount | No | View → |
| Home Advantage Needs-Based DPA | Deferred Loan | Up to $10,000 | No | View → |
| HomeChoice Down Payment Assistance | Deferred Loan | Up to $15,000 | Yes | View → |
| Opportunity Down Payment Assistance | Deferred Loan | Up to $15,000 | Yes | View → |
| Veterans Down Payment Assistance | Repayable Loan | Up to $10,000 | Yes | View → |
- Type:
- Forgivable Loan
- Amount:
- Up to 20% of the purchase price (or appraised value, if lower), capped at $150,000, plus buyer-paid closing costs
- First-time only:
- Yes
- Type:
- Deferred Loan
- Amount:
- Up to 5% of the first mortgage loan amount
- First-time only:
- No
- Type:
- Deferred Loan
- Amount:
- Up to $10,000
- First-time only:
- No
- Type:
- Deferred Loan
- Amount:
- Up to $15,000
- First-time only:
- Yes
- Type:
- Deferred Loan
- Amount:
- Up to $15,000
- First-time only:
- Yes
- Type:
- Repayable Loan
- Amount:
- Up to $10,000
- First-time only:
- Yes
Federal Programs
| Program Name | Type | Amount | First-Time Only | Details |
|---|---|---|---|---|
| FHA Loans | Government-Insured Mortgage | Up to FHA county loan limits ($541,287 floor to $1,249,125 ceiling for single-family in 2026) | No | View → |
| Good Neighbor Next Door (HUD) | Government Property Sale Program | 50% discount off the list price of HUD-owned homes | Yes | View → |
| Home Possible Mortgage (Freddie Mac) | Government-Guaranteed Mortgage | Up to conforming loan limits ($832,750 standard / $1,249,125 high-cost in 2026); 3% minimum down payment | No | View → |
| HomeReady Mortgage (Fannie Mae) | Government-Guaranteed Mortgage | Up to conforming loan limits ($832,750 standard / $1,249,125 high-cost in 2026); 3% minimum down payment | No | View → |
| HUD $100 Down Program | FHA-Financed HUD REO Purchase | Only $100 down payment required (vs. standard 3.5% FHA down payment). HUD may also pay up to 3% of buyer's closing costs. | No | View → |
| USDA Rural Development Loans | Government-Guaranteed Mortgage | 100% financing (no down payment required); loan amount up to appraised value | No | View → |
| VA Loans | Government-Guaranteed Mortgage | No loan limit for veterans with full entitlement (0% down at any price); partial entitlement subject to conforming limits ($832,750 standard in 2026) | No | View → |
- 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
- Type:
- Government Property Sale Program
- Amount:
- 50% discount off the list price of HUD-owned homes
- First-time only:
- Yes
- 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
- 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
- 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
- Type:
- Government-Guaranteed Mortgage
- Amount:
- 100% financing (no down payment required); loan amount up to appraised value
- First-time only:
- No
- 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
| Program Name | Type | Amount | First-Time Only | Details |
|---|---|---|---|---|
| Habitat for Humanity Snohomish County Homeownership Program | Zero-Interest Loan | Below-market home sale with zero-percent or low-interest affordable mortgage. Effective subsidy typically tens of thousands of dollars. | Yes | View → |
| Homes and Hope Community Land Trust Homeownership | Grant | Below-market home purchase through permanently affordable community land trust model; subsidy value varies by property. | Yes | View → |
| Sam Smith Hi Neighbor Homeownership Fund | Deferred Loan | Up to $20,000 | No | View → |
- 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
- Type:
- Grant
- Amount:
- Below-market home purchase through permanently affordable community land trust model; subsidy value varies by property.
- First-time only:
- Yes
- Type:
- Deferred Loan
- Amount:
- Up to $20,000
- First-time only:
- No
How to Apply
Step 1: Check your eligibility. Snohomish County DPA targets households at or below 80% of county AMI. Home Advantage accepts Snohomish County household incomes up to $147,400, and HomeChoice and Opportunity DPA have separate household income limits.
Step 2: Complete homebuyer education. Take the free WSHFC 5-hour Homebuyer Education Seminar online or in person — required for all WSHFC mortgage and DPA programs.
Step 3: Contact HomeSight at 206-723-4355 for the Snohomish County DPA Program. HomeSight administers the county program and can confirm current funding availability.
Step 4: Get pre-approved with a WSHFC- and HomeSight-participating lender. Your lender will layer the county DPA with state DPA programs for maximum assistance.
Step 5: Contact local nonprofits if you may qualify. Habitat for Humanity of Snohomish County at 425-405-7765 builds new and rehabilitated homes in Everett and across the county. Homes and Hope Community Land Trust at homesandhopeclt.org offers permanently affordable CLT homes with projects underway in Everett.
Step 6: Find a home in Snohomish County within program limits. Most WSHFC and Snohomish County DPA programs allow any single-family home used as primary residence.
Step 7: Close on your home. Your lender submits DPA reservations to HomeSight and WSHFC and coordinates closing, including any required post-purchase counseling.
Frequently Asked Questions
How much down payment assistance can I get in Everett, WA?+−
Who administers the Snohomish County DPA Program?+−
Do I have to be a first-time homebuyer?+−
What are the income limits?+−
What homebuyer education is required?+−
How does the Homes and Hope Community Land Trust work?+−
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