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Embarking on your adventure into homeownership in Spokane, Washington, begins with understanding the array of assistance available for first-time homebuyers. Here’s a snapshot of loan options you might explore:
Dive into the WSHFC Home Advantage Program for tailored assistance that simplifies the first-home buying process.
With mortgage rates constantly changing, staying updated is crucial. You can track these changes yourself or partner with a loan officer who will help manage this aspect for you, ensuring you lock in the best rate possible.
The Washington State Department of Financial Institutions can be a valuable resource, offering free advice on avoiding foreclosure, purchasing a home, or refinancing. It’s an additional layer of support for home buyers in Spokane.
Accessing down payment assistance requires collaboration with a loan officer approved by the WSHFC. They are essential for navigating the Home Advantage Program and maximizing the financial assistance available.
How do I keep track of mortgage rates?
You can monitor them yourself or work with a loan officer who will keep you informed, helping you secure the best rate.
Who can attend the Homebuyer Education Seminars?
The seminars are open to all potential homeowners and are essential for those interested in the Home Advantage Program.
What are the income limits for the Home Advantage Program?
The program’s income limit is set at $180,000 statewide, making it accessible for many first-time buyers in Spokane.
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