|WASHINGTON STATE HOUSING FINANCE COMMISSIONHOMEOWNERSHIP PROGRAMS
The WA State Housing Aurthority has announed it’s new House Key Opportunity program effective August 15, 2012 with interest rates for 1st time homebuyers as follows:
FHA, VA & USDA Rural Development Loans: 2.5% with a 1% Origination fee
Conventional Loans: 2.75% with a 1% Origination fee
The above options are available for a 30-year fixed rate term.
The House Key Opportunity Program is available for a select group of eligible borrowers at the above interest rates when combining with the downpayment assistance programs below on a first come first served basis:
The House Key Opportunity Program is funded with the last remaining tax-exempt mortgage revenue bonds. Because bond funds will be used for this program, all of the House Key IRS guidelines apply. To enroll in a 1st time homebuyer class to take advantage of this great opportunity, give me a call!