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The Office of Housing provides down payment assistance to first-time homebuyers in Seattle to help them purchase their first home.

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FHA.com is a privately owned website, is not a government agency, and does not make loans.

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FHA.com is a privately owned website, is not a government agency, and does not make loans.

Office of Housing Down Payment Assistance

In an effort to help Seattle residents achieve their dreams of owning a home, the Office of Housing provides down payment assistance to first-time homebuyers through partnerships with local nonprofits and lending institutions.

Available Assistance
The Office of Housing Down Payment Assistance Program offers up to $55,000 for down payment assistance for open market purchases or for unrestricted homes developed by a homeownership partner organization. The amount is higher for resale restricted homes, developed by homeownership partner organizations. Up to $70,000, for homes with fewer than 3 bedrooms or up to $90,000 per unit for homes with 3 or more bedrooms.

Eligibility Requirements
To be considered eligible for the Office of Housing Down Payment Assistance Program, applicants must be first-time homebuyers or not have owned a home in the last 3-years. Exceptions are made for displaced homemakers; adults who, during the past 3 years, owned interest in a home and worked primarily without remuneration to care for their home and family, and were displaced from their home. Applicants must earn less than 80% of area median income according to household size, and complete a pre-purchase homebuyer education program approved by the City of Seattle.

Property Guidelines
Any property purchased with funds from the program must serve as the applicants’ principal residence; investment properties are not permitted. Eligible property types include single-family houses, condominiums, limited equity cooperatives, cohousing, land trusts, and homes on leased land within Seattle City limits. The maximum purchase price through the down payment assistance program is $450,000.

Note: All information mentioned above was accurate at the time of publication and may no longer be current - visit the program website for updated information.

First-Time Home Buyer Programs in Washington

The Office of Housing provides down payment assistance to first-time homebuyers in Seattle to help them purchase their first home.

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First-time homebuyer assistance programs and/or grants were researched by the team at FHA.com. Please note that all programs listed on this website may involve a second mortgage with payments that are forgiven, deferred, or subsidized in some manner until resale of the mortgaged property.

FHA.com's compilation is not a complete list, but it can serve as a starting point in your search for the down payment assistance program or grant for your situation. It is up to the consumer to contact these entities and find out the specifics of each program.

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