Hello, I am an experienced Washington State Housing Finance Commission lender. One of the programs that may be appropriate is the Home Advantage Loan.They loan you a second mortgage up to 4% of the first mortgage loan amount, which takes care of the 2.5% down payment, and the remaining goes toward closing costs for this FHA product. I would be happy to assist you with a review.Thanks,Lorne Harvey 509-386-5391
Correction to my previous answer: The Home Advantage Second Mortgage takes care of the "3.5%" down payment, I incorrectly typed 2.5% down payment.Just wanted to clarify.Thanks
If you are in a Key Bank foot print area, they have a 100% home loan, no pmi. Drawback is the interest rate is a bit higher then others, but cheaper than FHA programs.
are you still looking for a low down payment program ?I'm a preferred Lender in WA state being...Feel free to contact me with any additional needs or questions 206-714-9745 dave.skow@movement.com NMLS 278613
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