Working Together

WSHFC | Home Advantage Program

Working Together:

Home Advantage helps qualified households in
Washington State realize the dream of Homeownership!

Home Advantage Rates | House Key Opportunity Rates

Given the fluidity in the markets, we may not be able to offer some rate options every day. See here for further details. Please check the effective date and time on the rate sheet, use Google Chrome, and be sure to refresh your browser as well as clear your cache.

PLEASE NOTE: Effective 5/18/2020 – New credit score requirement for some Home Advantage Gov’t loans. See this program announcement.

NOTICE: Rates subject to change without notice. WSHFC staff will make every
reasonable effort to post daily rates by 9:00am Monday – Friday PST.
Rates posted after 4:00pm PST, over holidays, and weekends are sample
rates from the previous business day and are not to be relied upon for
reservations. Homebuyers interested in applying for financing should
contact one of the Commission’s Participating Lenders. The Commission
does not lend money directly to consumers. Participating Lenders
pre-qualify consumers and originate all mortgage loans. This is not an
advertisement for credit as defined in Regulation Z. Contact a
Commission Participating Lender for Annual Percentage Rate (APR). This
is not a commitment to lend.  Further fees may apply. Contact your
participating loan officer for more information. Interest rate buydowns
are prohibited. Visit for more information.

Click to view the Historical Home Advantage Rates

Read about:   The Best Way to Repay Your Mortgage

Fannie Mae “HFA Preferred” and Freddie Mac “HFA Advantage” Pricing Has Changed

Beginning February 12, 2020, Freddie Mac has made changes to HFA Advantage that mirrors the changes Fannie Mae made to HFA Preferred on September 5, 2019. . Pricing benefits are limited to borrowers with incomes at or below 80% AMI. Our rate sheets reflect this change with higher pricing for borrowers above 80% AMI for both Fannie and Freddie. For more details, see our November 21, 2019 Program Announcement.

Click here to see 2020 80% Area-Median Income Limits

Home Advantage Brochure
Frequently Asked Questions


Step 1: Attend
a Free Homebuyer Education Seminar. 
It will provide you with the steps to buying your first home. You
will receive a certificate upon completion of the class, valid for two years. This
will be a requirement of your loan process.
Step 2:  Contact
a Commission-Trained Loan Officer.
They can find the right loan type that will work with our programs
to see if you qualify. They
also know the income limits we require. 
Step 3:  Once
you know how much you qualify for, it is time to look for a home.
Your lender and real estate professional will work with you to
locate and finance a home.


Washington State Dept. of Financial
Institutions protects Washington homeowners and buyers.  Free state
sponsored counseling is available to Washington residents who are facing
foreclosure, thinking of buying a home, or considering refinancing. 
To speak with a counselor, call the Washington Homeownership Information
Hotline at 1.877.894.HOME (1.877.894.4663).


Do you qualify?

Read about:   FHA Requirements on Mobile Homes to Be Financed | Home Guides

If you’ve attended
and obtained a certificate from a Commission-sponsored
homebuyer education seminar within the last
two years;
If you meet the program
income limits listed below; and
If you meet with a
Commission trained loan officer and determine
that you qualify for a mortgage loan according to FHA, VA, Conventional,
Rural Housing Services (RHS),
Then… you may qualify!


These Participating Lenders have a proven track record of originating
and closing Home Advantage loans. 

See Premier Participating Loan Officers.

1st Security Bank of Washington

Absolute Mortgage

Academy Mortgage

Alaska USA Mortgage

AmCap Mortgage

American Pacific Mortgage

Axia Home Loans

Bank of the Pacific

Banner Bank

Bay Equity LLC

Cardinal Financial

Caliber Home Loans

Cherry Creek Mortgage

Churchill Mortgage

Citywide Home Loans

CMG Mortgage

Commerce Home Mortgage

Community First Bank

Cornerstone Home Lending

CrossCountry Mortgage

CStone Mortgage

DAS Acquisition

DHI Mortgage

Diamond Residential Mortgage

Directors Mortgage

Eagle Home Mortgage

Envoy Mortgage

Evergreen Home Loans

Fairway Independent Mortgage

Finance of America

First Centennial Mortgage

First Continental Mortgage

Flagstar Bank

Freedom Mortgage

Gateway First Bank

Guaranteed Rate

Geneva Financial

Global Credit Union

Goldwater Bank

Guild Mortgage

Heritage Bank

HomeBridge Financial Services


HomeStreet Bank

Integrity Mortgage

International City Mortgage

Land Home Financial Services

Landmark Professional Mortgage

LeaderOne Financial



Mann Mortgage

Mortgage Master Service Corporation

Mortgage Solutions of Colorado

Mountain West Bank

Movement Mortgage

Nations Reliable Lending

New American Funding

Northpointe Bank

Numerica Credit Union

On Q Financial

Opes Advisors

Pacific Residential Mortgage

Paramount Residential Mortgage Group

Penrith Home Loans

Peoples Bank

Premier Mortgage Resources

Primary Residential Mortgage

Prime Lending

Priority Home Lending

Procura Mortgage

Sierra Pacific Mortgage Company

Stearns Lending

Summit Funding

Summit Mortgage Corporation

Sunflower Bank

Synergy One Lending

Top Flite Financial

Umpqua Bank

US Bank

Wallick & Volk

Washington Trust

Wheatland Bank

Willamette Valley Bank

Read about:   Best Mortgage Rates 10-Year Fixed - Compare Today's Current 10-Year Fixed Rates


The Commission welcomes new participating
lenders into our programs. 
Please contact Corinna Obar at [email protected]
or 206-287-4414.


Borrowers must not exceed the Maximum Annual Income Limit:  Statewide $145,000


Funds for the Home Advantage program are continuously available and are
subject to market rates and conditions. If you have questions about the
Home Advantage Program, please call us at 800.767.4663 or email
[email protected] or
[email protected]


Your loan officer can lock your rate after you have a fully executed
purchase and sale agreement and after you have taken a Commission sponsored
homebuyer education seminar.  Please check with your lender regarding
locking your loan as loans must be delivered prior to lock expiration and
each lending institution will have their own internal guidelines. 
If a reservation of funds is made before you take a Commission sponsored
homebuyer education seminar, the current reservation will be considered
invalid and will be subject to worst case pricing. No exceptions. 



 DISCLAIMER: The sponsorship by the Commission of a homebuyer
education seminar does not endorse a person, business practice, product
or service other than those of the Commission. 


One thought on “WSHFC | Home Advantage Program

  1. says:

    Best view i have ever seen!

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