House KeyOpportunity Downpayment Assistance Loan Program

Opportunity is a downpayment assistance, second mortgage loan program with a 1.00% interest rate, payment deferred for 30 years, up to $10,000 and combines with the Opportunity first mortgage loan program.

Borrowers must be first-time homebuyers or buying in a targeted area.  Borrowers must also qualify for the Opportunity first mortgage loan program.

MAXIMUM INCOME LIMIT as of 04/13/2018

COUNTY 1-2 persons 3+ Persons
King/Snohomish $64,200 $80,250
Clark/Island/Kitsap/Pierce/Skamania/Thurston/Whatcom $52,900 $66,100
All other counties $46,400 $58,000

Borrowers must attend a Commission-sponsored homebuyer seminar prior to reserving funds. Cash back to borrowers is not allowed.


Eligible households may qualify for a maximum loan amount of up to $10,000 based on need. There is no assessment of need for Veterans to be eligible. A participating loan officer can help you determine the sales price you can afford, how much cash you will need to close, and how much you can borrow.


See Premier Participating Lenders who have been helpful to homebuyers.

Further restrictions apply.


If you have questions about the Opportunity Downpayment Assistance Loan Program, please contact Dietrich Schmitz at 206-287-4459 or toll free at 800-767-4663, Ext. 459, or by e-mail


Home | About | CareersCommissioners | Contact UsEventsMy View Newsletter | Publications | Homeownership: Homebuyer Programs | Information for Lenders | Information for Real Estate Professionals | Information for Instructors | Multifamily Housing: 9% Housing Credit | Bond/Tax Credit | 80/20 Bonds | 501(c)(3) Housing BondsSpecial Programs: Energy | Farmer/Rancher | Nonprofit FacilitiesLand Acquisition Program | Property Managers: Asset Management and Compliance Information for Investors: Official Statements, Annual Reports, Interim Information |  Privacy Notice | Requests for Public Records
Washington State Housing Finance Commission 
1000 2nd Avenue, Suite 2700, Seattle, Washington 98104 | Phone: 206-464-7139 or 800-767-4663 | Fax: 206-587-5113 | Contact Us
©1998-2018 All Rights Reserved