Washington down payment assistance, deep-checked against current state program sources.
A current inventory of state-run and state-administered assistance in Washington, plus national DPA options. Funding and rate sheets can still change after this review date.
Reviewed September 11, 2026 • Joshua Dobson, NMLS #190260
Quick comparison
| Program | Potential assistance | Published min. FICO | Repayment/Forgiveness | Biggest catch |
|---|---|---|---|---|
| WSHFC Home Advantage DPA | 3% or 4% of first mortgage under current matrix | product/program specific | Deferred second; exact interest/term per current Commission matrix | Live Commission matrix controls assistance level, interest and repayment terms. |
| WSHFC Opportunity DPA | Current matrix amount, commonly percentage-based | product/program specific | Deferred second under Commission program | Verify live funding and current lender matrix before relying on the program. |
| WSHFC Veterans DPA | Up to current Veterans program cap | product/program specific | Special veteran second-mortgage assistance | Verify live funding and current lender matrix before relying on the program. |
| WSHFC HomeChoice DPA | Up to current HomeChoice cap | product/program specific | Special-needs/disability homebuyer assistance | Verify live funding and current lender matrix before relying on the program. |
| Covenant Homeownership DPA | Need-based assistance under current Covenant program limits | program specific | State special-purpose DPA; forgiveness available for eligible borrowers under 80% AMI who satisfy 5-year occupancy under 2025 law changes | Highly specific eligibility. Do not describe as general DPA; forgiveness rules differ by income. |
| WSHFC-administered local/special DPA menu | Amounts vary by Bellingham, Clark County, ARCH and other Commission-administered programs | program/geography specific | Terms vary by funding source | These are Commission-administered but locally/specially funded; availability and exact amount vary. |
WSHFC Home Advantage DPA
WSHFC Home Advantage DPA is a current state-administered homebuyer assistance option. Mortgage Navigator uses the administering agency as the controlling source and avoids filling changing details with stale third-party numbers.
Published minimum FICO: product/program specific
WSHFC Opportunity DPA
WSHFC Opportunity DPA is a current state-administered homebuyer assistance option. Mortgage Navigator uses the administering agency as the controlling source and avoids filling changing details with stale third-party numbers.
Published minimum FICO: product/program specific
WSHFC Veterans DPA
WSHFC Veterans DPA is a current state-administered homebuyer assistance option. Mortgage Navigator uses the administering agency as the controlling source and avoids filling changing details with stale third-party numbers.
Published minimum FICO: product/program specific
WSHFC HomeChoice DPA
WSHFC HomeChoice DPA is a current state-administered homebuyer assistance option. Mortgage Navigator uses the administering agency as the controlling source and avoids filling changing details with stale third-party numbers.
Published minimum FICO: product/program specific
Covenant Homeownership DPA
Covenant Homeownership DPA is a current state-administered homebuyer assistance option. Mortgage Navigator uses the administering agency as the controlling source and avoids filling changing details with stale third-party numbers.
Published minimum FICO: program specific
WSHFC-administered local/special DPA menu
WSHFC-administered local/special DPA menu is a current state-administered homebuyer assistance option. Mortgage Navigator uses the administering agency as the controlling source and avoids filling changing details with stale third-party numbers.
Published minimum FICO: program/geography specific
National programs Washington buyers should also check
National Homebuyers Fund
NHF multi-state assistance may be available through participating lenders. Current lender/product terms control credit, pricing, assistance and repayment or forgiveness.
Published minimum FICO: product/lender specific
Chenoa Fund
Chenoa Fund provides FHA down-payment assistance through approved lender partners. Current matrices control credit, pricing and second-mortgage terms.
Published minimum FICO: product/lender specific
Washington's biggest DPA lesson
Washington has a large Commission-administered DPA menu. V25 separates statewide Home Advantage/Opportunity, special Veterans/HomeChoice, the state Covenant program, and locally funded programs administered through WSHFC. Exact live amounts are left to the current matrix where the Commission changes terms.
Let Josh compare the available programs.
Send the city/ZIP, purchase price, credit range, household income and first-time-buyer status.