Home Advantage Program 

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 10/1/2020 - New credit score requirement for some Home Advantage Gov’t loans. See this program announcement.

Today's Rates

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

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 2021 80% Area-Median Income Limits

Home Advantage Brochure (PDF) | 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?

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

American Pacific Mortgage

AmeriFirst Financial

Axia Home Loans

Bank of the Pacific

Banner Bank

Bay Equity LLC

Caliber Home Loans

Cardinal Financial

Cherry Creek Mortgage

Churchill Mortgage

Citywide Home Loans

CMG Mortgage

Community First Bank

Cornerstone Home Lending

CrossCountry 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

First Home Bank

Flagstar Bank

Freedom Mortgage

Gateway First Bank

Global Credit Union

Gold Star Mortgage Financial

Guaranteed Rate

Guild Mortgage

Heritage Bank

Highlands Residential Mortgage

HomeBridge Financial Services


HomeStreet Bank

Integrity Mortgage

International City Mortgage

Land Home Financial Services

Landmark Professional Mortgage

LeaderOne Financial



Mann Mortgage

MLD Mortgage

Mortgage Master Service Corporation

Mortgage Solutions of Colorado

Mountain West Bank

Movement Mortgage

Mutual of Omaha Mortgage

Nations Reliable Lending

New American Funding

NFM Lending

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

Prosperity Home Mortgage

Sierra Pacific Mortgage Company

Stearns Lending

Summit Funding

Summit Mortgage Corporation

Sunflower Bank

Sun West Mortgage

Top Flite Financial

Umpqua Bank

Veterans United Home Loans

Wallick & Volk

Washington Trust

Wheatland Bank

Willamette Valley Bank


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


Borrowers must not exceed the Maximum Annual Income Limit:  Statewide $160,000


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 or


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 Commission does not endorse a person, business practice, product or service other than those of the Commission.


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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
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