Washington State Down Payment Assistance Programs: Complete 2025 Guide

Down payment is the most common barrier to homeownership — but in Washington State, there are programs designed to help. Down payment assistance (DPA) comes in three main forms: grants (which never require repayment), forgivable second mortgages (which are forgiven over time if you stay in the home), and low-interest second mortgages.

Washington State offers several programs through the Washington State Housing Finance Commission (WSHFC), including the Home Advantage program, which pairs a below-market first mortgage with an optional down payment assistance second loan. Many local programs in Pierce County and King County also provide grants for first-time and repeat buyers.

Eligibility typically depends on income limits, completion of a homebuyer education course, and using the home as your primary residence. Some programs are limited to first-time buyers, while others are open to repeat buyers as well.

Peter can help you identify which programs you may qualify for and stack them with your loan to minimize your out-of-pocket cost. Book a free consultation to review your options.