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WA STATE sponsored First Time Homebuyer Program Income and Acquisition Cost Limits | GUILD MORTGAGE | Seattle Mortgage Guy

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Mortgage and Lending with Axia Home Loans & Real Estate Investment Firm

WA STATE sponsored First Time Homebuyer Program and Down Payment Assistance Income and Acquisition Cost Limits | GUILD MORTGAGE | Seattle Mortgage Guy

If you are a First Time Home Buyer in Washington State and are interested in the Washington State Housing Finance Commission sponsored first time homebuyer program and/or the down payment assistance programs, then see below for the maximum income limits posted on the WSHFC website for the purchase program.  If you are interested in seeing if you can qualify for this program and/or the down payment assistance programs, then feel free to contact me with questions.

Borrowers must not exceed these Maximum Annual Income Limits:

COUNTY

Non-Targeted
1-2 persons

Non-Targeted
3+ Persons

Targeted
1-2 Persons

Targeted
3+ Persons

 

 

 

 

 

Jefferson/Skagit/Whatcom

$70,000

$80,000

n/a

n/a

Clark/Island/Kitsap/Pierce/San Juan/Thurston

$80,000

$90,000

$80,000

$90,000

King/Snohomish

$90,000

$97,000

$90,000

$97,000

All other counties

$65,000

$75,000

$80,000

$85,000

 

MAXIMUM ACQUISITION COST LIMITS - See Targeted Areas for more information/maps.

COUNTY

Non-Targeted

Targeted

 

 

 

Clark

$330,000

$360,000

Island

$330,000

$360,000

Jefferson

$370,000

$395,000

King

$450,000

$475,000

Kitsap

$300,000

$335,000

Pierce

$370,000

$395,000

San Juan

$450,000

$475,000

Skagit

$285,000

n/a

Snohomish

$370,000

$395,000

Whatcom

$300,000

$335,000

All Other Counties

$235,000

$285,000

 

Feel free to contact me anytime for information on the WA STATE sponsored First Time Homebuyer Program and Down Payment Assistance Programs.  

Posted by

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