Homeownership Programs

Washington State's HomeChoice Second Mortgage Program

Down Payment Assistance Second Mortgage loan program 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 in the last year:

Academy Mortgage

• Kristi LaCroix | 509-340-1962 | Spokane | kristi.lacroix@academymortgage.com

Bank of America

• Gay Barnum | 253-583-5807 | Lakewood | gay.barnum@bankofamerica.com
• Stephanie Smith | 360-817-8004 | Camas | stephanie3.smith@bankofamerica.com
• Laura Wells | 509-228-6110 | Spokane Valley | laura.wells@bankofamerica.com
• Cristi Zacherle | 509-483-5819 | Spokane | cristine.zacherle@bankofamerica.com

Canyon Park Mortgage

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

Eagle Home Mortgage

• Thomas Caston | 800-349-1955 | Federal Way | tcaston@eaglehomemortgage.com
• Laurie Dennison | (425)353-9233x 103| Everett | ldennison@eaglehomemortgage.com
• Val Hawryluk | 360-535-6000 | Silverdale | vhawryluk@eaglehomemortgage.com
• Cy Pierce | 360-236-9970 | Olympia | cpierce@eaglehomemortgage.com
• Christine Robison | 360-573-4112 | Vancouver | crobison@eaglehomemortgage.com
• Cristie Stapp | 206-664-6302 | Seattle | cstapp@eaglehomemortgage.com
• Gayle Stockton | 509-926-7270 | Spokane | gstockton@eaglehomemortgage.com

Evergreen Home Loans

• Leslie Girard | 360-260-6979 | Vancouver | lgirard@evergreenhomeloans.com
• Michelle Wickett | 360-459-1200 | Lacey | mwickett@evergreenhomeloans.net

Global Credit Union

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

Golf Savings

• Shirley Smith-Allen | 509-464-5063 | Spokane | ssmith-allen@golfsavingsbank.com
• Linda Chaplin | 509-249-9603 | Yakima | lchaplin@golfsavingsbank.com
• Angie Giussi | 509-469-2586 | Yakima | agiussi@golfsavingsbank.com
• Heather Lee | 509-965-5159 | Yakima | hlee@golfsavingsbank.com

Guild Mortgage

• Kathleen Facey | 425-327-2121| Bothell | kfacey@guildmortgage.net
• Jana Lauderbaugh | 206.378.4480| Seattle | janal@guildmortgage.net
• Joan Qvigstad | 360-874-1770 | Port Orchard | jqvigstad@guildmortgage.net
• Kim Toskey | 425-422-5286 | Seattle/Everett | ktoskey@guildmortgage.net
• Mia Vermillion | 253-861-8812 | Tacoma | mvermillion@guildmortgage.net

Metlife Home Loans

• Krista Butler | 253.835.4910 | Federal Way | klbutler@metlife.com
• Jamie Parisotto | 509-329-9627| Spokane | jparisotto@metlife.com

Network Mortgage Services

• Gerri Rasmussen | 425-248-2319 | Lynnwood | gerrir@networkhomeloans.com

Peoples Bank

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

Puget Sound Mortgage

• June Lu | 425-235-7540 | Renton | jlu@pshm.com

The Legacy Group

• Glenn Leach | 253-446-3719 | Puyallup | glennl@legacyg.com
• Fenja Swope | 509-225-9600 | Yakima | Fenja.Swope@legacyg.com

Ward Lending

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

Wells Fargo

• Brent Schoeppel | 253-274-4905| Tacoma | brent.schoeppel@wellsfargo.com
• William (Luke) Wagner | 425-917-4603| Seattle | william.l.wagner@wellsfargo.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 & Skamania Counties
  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
  South Sound Outreach, Teresa Seeley, 253-593-2111
   
• San Juan County
  Opal Community Land Trust, Julie Brunner, www.opalclt.org, 360-376-3191
   
• 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 03/04/2010.