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

Homebuyer Programs in Sammamish, WA (2026)

Population: 65,116 | Median home price: $1,450,000 | Est. closing costs: $29,000 - $43,500

Skyline of Sammamish, WA

Sammamish is a wealthy plateau community in East King County and one of Washington's most expensive housing markets, with a median home price around $1,450,000. Despite the price tag, Sammamish first-time buyers benefit from being inside ARCH (A Regional Coalition for Housing), the East King County partnership that includes Bellevue, Kirkland, Redmond, Issaquah, and Sammamish. ARCH operates the East King County Down Payment Assistance Loan offering up to $30,000 at 4% simple interest, plus the ARCH Affordable Homeownership Program which sells below-market homes to qualified buyers. King County Housing Authority programs, Habitat for Humanity Seattle-King County, and Homestead Community Land Trust extend the local options. Combined with Washington State Housing Finance Commission programs like Home Advantage DPA (up to 5% of the loan amount) and Opportunity DPA (up to $15,000), eligible Sammamish buyers can stack tens of thousands of dollars in assistance.

City Programs in Sammamish

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

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

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

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
Homestead Community Land Trust Homeownership
Type:
Silent Second Mortgage
Amount:
Homes sold 30-50% below market through community land trust model
First-time only:
Yes

How to Apply

Step 1:

Check your eligibility. ARCH East King County DPA requires income at or below the published limits (roughly $72,000 for a household of 4) and use of an approved WSHFC first mortgage. Most state programs require household income at or below 80% of the King County area median.

Step 2:

Complete WSHFC-sponsored homebuyer education. A free five-hour seminar is required for all WSHFC and ARCH down payment assistance programs. Find an upcoming class through the Washington State Housing Finance Commission at (800) 767-4663.

Step 3:

Contact ARCH about the Affordable Homeownership Program. ARCH maintains a portfolio of below-market-rate homes available to income-qualified buyers across Sammamish and other East King County cities. Visit archhousing.org or call (425) 861-3677 to learn what is currently available.

Step 4:

Get pre-approved with a WSHFC-participating lender. The state maintains a list of approved lenders who can pair WSHFC first mortgages with ARCH DPA, Home Advantage DPA, Opportunity DPA, or Veterans DPA.

Step 5:

Find a home within program limits. Given Sammamish's very high prices, DPA-eligible buyers typically focus on condos, townhomes, or ARCH-restricted units rather than detached single-family homes.

Step 6:

Submit your application through your lender. The DPA loan and first mortgage are processed together, and funds are delivered at closing.

Step 7:

Close and move in. Most ARCH and WSHFC DPA loans are deferred or forgivable second mortgages, so there is no monthly DPA payment as long as you remain in the home.

Frequently Asked Questions

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