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Information for Single-Family Lending and Real Estate Professionals
 
Program Announcement

October 10, 2018
Downpayment Assistance Programs

Dear Lending Partners:

Reminder: All of our 2nd mortgages (Downpayment Assistance) must close in the name of the Washington State Housing Finance Commission.

The Deed of Trust for the second mortgage is not transferred to MERS.

The Note for the second mortgage should not be endorsed to the master servicer.

You can find the information in Section 12 of our Home Advantage or House Key manual.

Please forward to the appropriate department.

Need more information? Contact us anytime: Contact Corinna.obar@wshfc.org.