Washington State Housing Finance Commission Home Advantage

Washington State Housing Finance Commission

Available Down Payment

About This Program

Provides down payment and closing cost assistance for first-time homebuyers in Washington State. Assistance is provided as a deferred second mortgage at 0% interest, due upon sale or refinance of the home.

Down payment assistance provided as deferred loan

Data last verified 2026-06-09. How we verify our data.

Key Details

  • Down payment assistance up to $30,000
  • For first-time homebuyers in Washington
  • 0% interest deferred second mortgage
  • Income limits apply by county
  • Must complete homebuyer education course

How to Apply

A grant-savvy contractor in Bainbridge Island, WA can handle the paperwork, inspections, and timelines so your funding releases on schedule. Getting matched is free.

Deadline: Ongoing while funds available

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Need a Contractor for This Grant?

Grant-approved contractors understand the documentation, inspections, and timelines, so your funding releases on schedule.

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