- Are a first time buyer
- Have not been a home owner for three years
- Are a teacher
- Plan to buy in Kitsap county
- Plan to buy in Bremerton
Here is an introduction to some of the programs (I wish someone told me about these when I was a first time buyer).
Www.wshfc.org/buyers/index/htm
House Key. Up to $10k in down payment assistance as a 3% loan that is repayable when you sell/refi/move. Targets buyers who have not owned a home in the last 3 years and earn up to 80% of median income.
House Key State Bond Loan. Reduced interest (around 5.75%) on a 30 year mortgage. Targets first time home buyers making up to $71k.Www.homesightwa.org
Homesight. Up to $45k in loans w/ 3% interest. 30 year loan repayment is deferrable for 8 years. Targets buyers who have not owned a home in the last 3 years and earn up to 80% of median income.To learn more, click the Call Me Now, Jim button (top, left). We'd love to discuss eligibility of you and your loved ones for this "almost free money".
And here's mor of them....http://www.kccha.org/servdpay.htm
Kitsap County Consolidated Housing Authority currently has Community Development Block Grant (CDBG) and Housing Opportunities Made Equal (HOME) funds to be used for assisting First Time Home Buyers in the purchase of a home. The homebuyer must meet income eligibility of less than 80% of Kitsap County median income guidelines, as established by HUD. These funds may be used with 50% matching funds for down payment and/or 100% of reasonable closing costs up to a maximum of $20,000.00 for property located within Kitsap County, excluding the City of Bremerton.
To qualify for this program First Time Home Buyers should contact any Mortgage Lender. The Lender will provide KCCHA with the necessary documents to determine eligibility for this program. If your mortgage lender is not familiar with the Down Payment Assistance Program, they may contact KCCHA at (360)-535-6139 for further information.
