Covenant Homeownership Program: Empowering First-Time Homebuyers
THE COVENANT HOMEOWNERSHIP PROGRAM, LAUNCHED IN JULY 2024 BY THE WASHINGTON STATE HOUSING FINANCE COMMISSION, AIMS TO ASSIST FIRST-TIME HOMEBUYERS AFFECTED BY HISTORICAL HOUSING DISCRIMINATION. IT PROVIDES 0% INTEREST LOANS FOR DOWN PAYMENTS AND CLOSING COSTS.
Welcome To DownpaymentWA.org
You Can Get A Home
Washington-Northwest home buyers can get down payment assistance to cover down payment and / or closing costs. Let us show you how.
How Much Can You Get?
There are millions of dollars available to cover down payment and closing costs and help home buyers in Washington get approved.
Where’s The Money?
Federal, State, and Local Housing Assistance Programs, Non Profits, Lenders, Community Action Programs, and various other institutions serving Washington home buyers.
Down Payment Frequently Asked Questions
How Many Down Payment Programs Are Available In Washington?
The number of down payment programs can fluctuate because there are federal, state, county, municipal, and private down payment grant programs available. Some down payment programs have budget limits, some have expiration dates. New programs get introduced on a regular basis. We match you with the down payment programs you qualify for and best meet your financial need.
How Do You Qualify For Down Payment Grants?
Each program and participating lender may have different credit score requirements, income levels, etc. It’s best to review all factors in qualifying for down payment money. Give us a call now or complete the secure online form to see how much down payment money you can get.
Can You Qualify For Down Payment Grants With Poor Credit?
Yes, We can work with many buyers who have credit scores as low as 620. There are many programs available to review or help you clean up bumps or bruises on your credit.
What Type of Mortgages Qualify For Down Payment Assistance?
Many types including FHA, VA Loans, USDA, and most Conventional loans. Call now or complete the secure form to see how much down payment assistance you can get.
