WSHFC, Home Buyers, House Key Opportunity Program, mortgage rates seattle.#Mortgage #rates #seattle


Mortgage rates seattleOpportunity

*Rates subject to change without notice. Homebuyers interested in applying for financing should contact one of the Commission’s Participating Lenders. The Commission does not lend money directly to consumers. Participating Lenders pre-qualify consumers and originate all mortgage loans. This is not an advertisement for credit as defined in Regulation Z. Contact a Commission Participating Lender for Annual Percentage Rate (APR). This is not a commitment to lend. Visit heretohome.org for more information.

**Further fees may apply. Contact your participating loan officer for further information.

Mortgage rates seattleThe Opportunity Program is only available to applicants using the following downpayment assistance programs:

Purchasers using community second programs previously used with the Opportunity program.

Household purchasing never occupied new construction or in a community land trust (with or without the above downpayment assistance programs)

The Opportunity Program will be funded with tax-exempt mortgage revenue bonds and cannot be combined with the Mortgage Credit Certificate program. Additional IRS guidelines apply. Please talk with a Participating Lender.

HOW TO GET STARTED

Mortgage rates seattleYou must first attend a free Homebuyer Education seminar. It will provide you with the steps to buying your first home. You will receive a certificate upon completion of the class, valid for two years. This will be a requirement of your loan process.

ADDITIONAL HELP WITH HOMEOWNERSHIP

Washington Homeownership Resource Center is an unbiased, community-sponsored, nonprofit agency that knows the programs, products and people throughout Washington State that can help.

Washington State Dept. of Financial Institutions, protecting Washington homeowners and buyers. Free state sponsored counseling is available to Washington residents who are facing foreclosure, thinking of buying a home, or considering refinancing. To speak with a counselor, call the Washington Homeownership Information Hotline at 1.877.894.HOME (1.877.894.4663).

OPPORTUNITY FIRST MORTGAGE LOAN AND SECOND MORTGAGE LOAN FOR DOWNPAYMENT ASSISTANCE

Do you qualify?

If you’ve attended and obtained a certificate from a Commission-sponsored homebuyer education seminar within the last two years; and.

If you are a first-time homebuyer, defined as someone who has not owned and occupied a primary residence at any time in the past 3 years (if you purchase in a Targeted Area you do not have to be a first-time homebuyer); and.

If you are either purchasing never-occupied, new construction or you qualify for one of the following downpayment assistance programs: Opportunity, HomeChoice, Seattle, ARCH, Tacoma, Veterans, or a community second programs previously used with the Opportunity program;

If you meet with a Participating Loan Officer and determine that you qualify for a mortgage loan according to FHA, VA, Conventional, Rural Housing Services (RHS),

OPPORTUNITY PROGRAM PARTICIPATING LENDERS

These Participating Lenders have a proven track record of originating and closing Opportunity loans.

1st Security Bank of Washington

Alaska USA Mortgage

American Pacific Mortgage

Axia Home Loans

Bank of the Pacific

Caliber Home Loans

Chimney Rock Mortgage

City First Mortgage Services

Cornerstone Home Lending

Diamond Residential Mortgage

Eagle Home Mortgage

Equity Home Mortgage

Evergreen Home Loans

Fairway Independent Mortgage

Finance of America

First California Mortgage Co.

First Continental Mortgage

Global Credit Union

HomeBridge Financial Services

Land Home Financial Services

Landmark Professional Mortgage

LoanStar Home Lending

Mortgage Express, LLC

Mortgage Master Service Corporation

Mountain West Bank

Network Mortgage Services

New American Funding

Numerica Credit Union

Paramount Equity Mortgage

Premier Mortgage Resources

Primary Residential Mortgage

Priority Home Lending

Security National Mortgage

Skyline Home Loans

Summit Mortgage Corporation

Universal American Mortgage

Veteran’s United Home Loans

Vitek Mortgage Group

Wells Fargo Bank, NA

QUESTIONS REGARDING PARTICIPATING LENDERS

The Commission welcomes new Participating Lenders into our programs. Please contact Corinna Obar at [email protected] or 206-287-4414

INCOME LIMITS FOR OPPORTUNITY Effective 03/10/2016

Borrowers must not exceed these Maximum Annual Income Limits:


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