HOME BUYER PROGRAMS
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House Key Plus Seattle
House Key Plus Seattle is a down payment assistance, second mortgage loan program that combines with the Home Advantage first mortgage loan program or the House Key Opportunity loan program. This program is for people living within the city limits of Seattle. This program allows up to $45,000 in down payment assistance with payments deferred for 30 years, at 3% simple interest. There is Shared Appreciation required for the first 9 years. Due to federal guidelines, the home must not have been occupied by a tenant within 90 days of the purchase and sale agreement.
You must be a first-time homebuyer and the home you are purchasing must be your principal residence and owner-occupied. The definition of a first-time homebuyer is that you have not owned a home anytime in the past three years. You must attend a free Homebuyer Education Seminar sponsored by the Washington State Housing Finance Commission and receive your certificate. The seminar will provide you with the information you will need to purchase and maintain your first home.
Maximum Income Limits as of 01/01/2013
To be eligible for House Key Plus Seattle, your household income must not exceed these limits:
1 person $45,100 | 2 person $51,550 | 3 person $58,000 | 4 person $64,400
5 person $69,600 | 6 person $74,750 | 7 person $79,900 | 8 person $85,050
Maximum Purchase Price
$379,050
Participating Lenders
We would like to thank the following Lenders for their participation in House
Key Plus Seattle Program:
Verify a mortgage company or individual:
www.nmlsconsumeraccess.org
Keane Ng, Cobalt Mortgage 425-440-0777, keane@keaneloans.com
Cristie Stapp, Guild Mortgage, 206-521-6104 cstapp@guildmortgage.com
Joyce Hanson, Evergreen Home Mortgage, 425-732-3349 jhanson@evergreenhomeloans.com
Lin Helm, Eagle Home Mortgage, 206-940-7693 lhelm@eaglehomemortgage.com
Nancey Perry, Eagle Home Mortgage, 253-852-1840 nperry@eaglehomemortgage.com
Mark Williams, Eagle Home Mortgage, 425-732-3120 mwilliams@eaglehomemortgage.com
Lynda Myrick, Evergreen Home Loans, 206-774-7590 lmyrick@evergreenhomeloans.com
Cathy Pizzini, Evergreen Home Loans, 206-774-7595 cpizzini@evergreenhomeloans.net
Kimberly Terry, Evergreen Home Loans, 206-774-7595 kterry@evergreenhomeloans.net
Phil Ross, MLO-150797, Guild Mortgage, 253-246-6000 pross@guildmortgage.net
Kim Toskey, MLO-184361, Guild Mortgage, 425-422-5286 ktoskey@guildmortgage.net
Sandy Johnson, Mortgage Advisory Group, 425-224-8300 sjohnson@magloans.net
Angela Cohen, Network Mortgage Services, 425-672-2810 angelac@networkhomeloans.com
Gerri Rasmussen, Network Mortgage Services, 425-248-2319 gerrir@networkhomeloans.com
Michelle Swanson, Prospect Mortgage, 425-776-1450 michelle.swanson@prospectmtg.com
Chuck Chrobak, Sterling Bank, 425-893-5723 chuck.chrobak@bankwithsterling.com
Nina Nicely, Sterling Bank, 425-775-9968 nina.nicely@bankwithsterling.com
Ozell Jackson, The Legacy Group, 425-533-2472 ozellj@legacyg.com
Mia Vermillion, Wells Fargo, 253-861-8812 mia.vermillion@wellsfargo.com
Questions about the House Key Plus Seattle Downpayment Assistance Program?
Please contact Karen Carlson at 206-287-4413 or toll free at 800-767-4663, Ext. 413, or by e-mail karen.carlson@wshfc.org.
05/14/2013