Washington State's HomeChoice Second Mortgage Program

The HomeChoice second mortgage program is a Down Payment Assistance Second Mortgage loan for people with disabilities or who have a family member with a disability living with them.

How do I get started?

The first step is to meet with a House Key Lender in your area that has been trained on the HomeChoice program.  The House Key Lender will determine if you are eligible for the HomeChoice second mortgage program and will then refer you to a free  homebuyer education seminar and a HomeChoice trained Service Provider.  For additional trained lenders or service providers, please email Karen Carlson at karen.carlson@wshfc.org or call 206-287-4413.

How do I qualify?

The HomeChoice Second Mortgage program is a Down Payment Assistance Program for low- to-moderate income people with a disability or who have a family member with a disability living with them and qualify for an FHA, Fannie Mae Conventional 30 year, House Key State Bond first mortgage.

A 1.00% interest rate on the Down Payment Assistance loan program for first-time homebuyers (borrowers who haven't owned and occupied their primary residence in the past three years).  If you buy in a targeted area you do not have to be a first-time homebuyer.  Borrowers must meet the acquisition cost and income limits for the House Key program.

To be eligible for a HomeChoice loan you must not exceed the following income limits*:

• Clark/Skamania/Thurston Counties: $70,000
• Island County:  $77,900
• King/Snohomish Counties: $84,300
• Kitsap County:  $70,900
• All Other Counties: $69,300

*Other requirements may apply.  Please check with your lender or service provider to verify the limits.

Manufactured homes only allowed with FHA financing.

HomeChoice borrowers also must complete a Commission-sponsored homebuyer education seminar prior to reservation of funds.

Benefits

HomeChoice uses the interest rate advantage of the House Key conventional loan program.

Down payment assistance - The Program offers up to $15,000 per household in a 1.00% interest, payment deferred second mortgage. Second mortgages are due when home is sold, or if home is refinanced or after 30 years. The Commission will forgive the interest on a HomeChoice second mortgage only if borrower is not in default on the House Key first mortgage.

PARTICIPATING LENDERS

We would like to thank the following Lenders for their participation in the House Key and HomeChoice down payment assistance program:

 BANK OF AMERICA

• Gay Barnum
  253-583-5807 | Lakewood | gay.barnum@bankofamerica.com
• Bryony Scharnett
  253-583-5803 | Lakewood | bryony.scharnett@bankofamerica.com
• Theresa Beisse
  360-442-7942 | Longview | theresa.beisse@bankofamerica.com
• Cristi Zacherle
  509-483-5819 | Spokane | cristine.zacherle@bankofamerica.com
• Paul Kinzel
  509-228-6102 | Spokane | paul.kinzel@bankofamerica.com
• Stephanie Smith
  360-546-8611 | Vancouver | stephanie.smith@bankofamerica.com
• Fenja Swope
  509-930-8392 | Yakima | Fenja.Swope@bankofamerica.com

BANNER BANK

• Josh Martin
  360-752-8253 | Bellingham | jmartin@bannerbank.com
• Lance Monson
  509-735-0884 | Pasco | kmonson@bannerbank.com
• Mark Rowley
  509-735-0812 | Kennewick | mrowley@bannerbank.com
• LaRae Martin
  800-767-9933 | Walla Walla | lmartin@bannerbank.com
• Kim Monfort
  509-573-6718 | Yakima | kmonfort@bannerbank.com

EAGLE HOME MORTGAGE

• Matt Riener
  509-362-1453 | Coeur d’Alene/Spokane | mriener@eaglehomemortgage.com
• Cristie Stapp
  206-664-6302 | Seattle | cstapp@eaglehomemortgage.com
• Val Hawryluk
  360-535-6000 | Silverdale | vhawryluk@eaglehomemortgage.com
• Christina Olsen
  360-535-6000 | Silverdale | colsen@eaglehomemortgage.com
• Gayle Stockton
  509-926-7270 | Spokane | gstockton@eaglehomemortgage.com
• Christine Robison
  360-573-4112 | Vancouver | crobison@eaglehomemortgage.com

EVERGREEN HOME LOANS

• Michelle Wickett
  360-459-1200 | Lacey | mwickett@evergreenhomeloans.net

GLOBAL CREDIT UNION

• Mark Wrenn
  509-455-4668 | Spokane | mark.wrenn@globalcu.org
• Shilo Nokes
  509-455-4661 | Spokane | shilo.nokes@globalcu.org

GOLF SAVINGS

• Angie Giussi
  509-469-2586 | Yakima | agiussi@golfsavingsbank.com

GUILD MORTGAGE

• Kim Toskey
  425-422-5286 | Seattle/Everett | ktoskey@guildmortgage.net
• Mia Vermillion
  253-861-8812 | Tacoma | mvermillion@guildmortgage.net

METLIFE HOME LOANS

• Lynda Myrick
  206-691-2959 | Seattle | lmyrick@metlifehomeloans.com
• Laura Wells
  509-944-3847 | Spokane | LAWells@metlifehomeloans.com

METROCITIES MORTGAGE

• Michelle Swanson
  425-776-1450 | Bothell | mswanson@metrocitiesmtg.com

NATIONAL CITY MORTGAGE

• Landie Chappell
  509-326-8844 | Spokane | landie.chappell@ncmc.com

NUMERICA CREDIT UNION

• Linda Chinault
  509-536-6118 | Spokane | lchinault@numericacu.com
• Kathy Lyda
  509-536-6116 | Spokane | klyda@numericacu.com

PEOPLES BANK

• Alona Wrightson
  360-676-5880 | Bellingham | alona.wrightson@peoplesbank-wa.com
• Catherine Martyn
  360-678-5244 | Coupeville | catherine.martyn@peoplesbank-wa.com
• Margaret Adams-Curry
  360-424-2056 | Mt Vernon | margaret.curry@peoplesbank-wa.com

WARD LENDING

• Jan Ward
  360-709-9000 x109 | Olympia | janw@wardlg.com

WINDERMERE MORTGAGE SERVICES

• Dave Craig
  206-706-1300 | Seattle | dcraig@windermere.com

HOMECHOICE SERVICE PROVIDERS

• Adams County
  Consumer Credit Counseling Service, Karin Smith, (509) 765-6599  www.cccsyakima.org

• Asotin County
  Valley Residential Services, Nancy Riggle  (509) 522-0400

• Clarkston-Lewiston, ID
  Community Action Partnership, Sandra Smith  (800) 326-4843

• Benton & Franklin Counties
  Consumer Credit Counseling Services, Liza Beam (509) 737-1973  www.cccswaor.org

• Chelan County
  Consumer Credit Counseling Service, Karin Smith, (509) 765-6599 www.cccsyakima.org

• Clallam & Jefferson Counties
  American Financial Solutions, Marvelle Lahmeyer (888) 864-8699,  www.myfinancialgoals.org

• Clark County
  Columbia Non-Profit Housing, Leslie Caponette (360) 993-9555
  Community Housing Resource Center, Teri Duffy (360) 690-4496 x100

• Ferry County
  Rural Resources Community Action, Jan Owens (509) 685-6179  www.ruralresources.org

• Franklin & Benton Counties
  Consumer Credit Counseling Service, Liza Beam (509) 737-1973  www.cccswaor.org

• Grant & Lincoln Counties
  Consumer Credit Counseling Service, Karin Smith (509) 765-6599  www.cccsyakima.org

• King County
  Homestead Community Land Trust, Staff member (206) 323-1227  www.homesteadclt.org
  International District Housing Alliance, Staff member (206) 623-5132  www.apialliance.org
  Parkview Services, Marc Cote  (206) 334-0731  www.parkviewservices.org

• Kittitas County
  Consumer Credit Counseling Service, Tracy Harden, (509) 249-3265  www.cccsyakima.org

• Kitsap, Mason & Grays Harbor Counties
  American Financial Solutions, Marvelle Lahmeyer (888) 864-8699, www.myfinancialgoals.org

• Okanogan County
  Okanogan County Community Action, Staff member (509) 422-4041

• Pend Oreille County
  Rural Resources Community Action, Jan Owens, (509) 685-6179 www.ruralresources.org

• Pierce County
  Consumer Counseling Northwest, Andrea Misiano, (253) 588-1858 x120
  South Sound Outreach, Teresa Seeley, (253) 593-2111

• San Juan County
  Opal Community Land Trust, Julie Brunner, www.opalclt.org, (360) 376-3191

• Skamania County
  ACORN Housing, Any staff member, www.acorn.org, (503) 788-4362

• Snohomish County
  Homestead Community Land Trust, Staff member (206) 323-1227  www.homesteadclt.org
  International District Housing Alliance, Staff member (206) 623-5132  www.apialliance.org
  Parkview Services, Marc Cote  (206) 334-0731  www.parkviewservices.org

• Spokane County
  Spokane Neighborhood Action Programs, Any Staff Member (509) 456-7105 www.snapwa.org
  The ARC of Spokane, Cathie Griffith (509) 328-6326 www.arc-spokane.org

• Stevens County
  Rural Resources Community Action, Jan Owens, (509) 685-6179 www.ruralresources.org

• Walla Walla County
  Valley Residential Services, Nancy Riggle (509) 522-0400

• Whatcom, Skagit & Island Counties
  Kulshan Community Land Trust, Staff member  (360) 671-5600, x1, www.kclt.org

• Yakima County
  Consumer Credit Counseling Service, Tracy Harden, (509) 249-3265 www.cccsyakima.org

If there is no Service Provider located in your area, please refer to a service provider in a neighboring county or e-mail Karen Carlson:  karen.carlson@wshfc.org 

Questions about HomeChoice?  Please e-mail Karen Carlson karen.carlson@wshfc.org

This page was modified on 07/02/2009.