Are you looking to buy a home in Tacoma Washington? If so then you might qualify for the City of Tacoma Downpayment Assistance Program.
Designed to help home buyers who can afford the payments but do not have the money for a downpayment or closing costs. Tacoma will loan up to $20,000 interest free to qualified buyers.
The map below shows the areas that are available for downpayment assistance.
The downpayment assistance can be used towards a downpayment or closing costs. There is no interest and the loan is paid back when the home is sold, refinanced, or the buyer no longer lives in the home. Or after 20 years of ownership.
There is income guidelines that are as follows
Family Size | Income | Family Size | Income |
|---|---|---|---|
| 1 | $37,050 | 5 | 57,200 |
| 2 | 42,350 | 6 | 61,400 |
| 3 | 47,650 | 7 | 65,650 |
| 4 | 52,950 | 8 | 69,900 |
If you would like more information this powerful homebuying tool please contact me. I am happy to work with first time buyers who are looking to get out of renting and into buying a home and building equity for their future.
Contact Scott Cowan Rainier Real Estate at (253)-219-1194 to purchase or sell homes or property in the Tacoma, Gig Harbor, Puyallup, and greater Pierce County area.
Visit my profile for more information on my services. Call today (253)-219-1194. You can contact me via email by using the email link on my profile.
I know the Tacoma, Gig Harbor, Puyallup, and Pierce County areas and will help you find your new home or sell your current home if you need to sell. Call today or visit Classic Homes Tacoma for more information.
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