Program Manual

These documents are provided for use by lending professionals trained by the Washington State Housing Finance Commission. For more information about our Homeownership Programs, please visit us at www.wshfc.org. All documents are in Word® format unless noted.

Table of Contents
Section 1 – Introduction
Section 2 – Terms and Conditions
Section 3 – Eligible Borrowers
Section 4 – Property Requirements
Section 5 – Recapture Tax
Section 6 – Homebuyer Education
Section 7 – Reservation Process
Section 8 – Loan Origination and Processing
Section 9 – Pre-Closing Compliance Review and Approval
Section 10 – Loan Closing
Section 11 – Post Closing Compliance Review and Approval
Section 12 – Loan Purchase and Delivery
Section 13 – Downpayment Programs
Section 14 – Special Programs
Section 15 – Forms
Section 16 – Program Announcements
Section 17 – Index
Section 18 - Appendices:
Appendix I - Foster Care
Appendix II - Fannie Mae Loan Product Catastrophic Language
Appendix III - House Key Program Underwriting Enhancements

Section 19 - Frequently Asked Questions