Learn About House Key Opportunity Program

The Washington State Housing Finance Commission's (WSHFC) House Key Opportunity Program offers first and second mortgage loans to help first-time homebuyers with lower incomes make down payments. The program uses tax-exempt bonds to provide lower interest rates.

Neighborhood of light brick townhomes

The House Key Opportunity Program Is Only Available to Applicants Using the Following Downpayment Assistance Programs:

  • Opportunity
  • HomeChoice Program
  • ARCH East King County
  • Veterans
  • Bellingham
  • Purchasers using community second programs previously used with the Opportunity program.

    OR

  • Household purchasing never occupied new construction or in a community land trust (with or without the above downpayment assistance programs)

Do You Qualify?

  • If you've attended and obtained a certificate from a Commission-sponsored homebuyer education seminar within the last two years; and...
  • If you are a first-time homebuyer, defined as someone who has not owned and occupied a primary residence at any time in the past 3 years (if you purchase in a Target Area you do not have to be a first-time homebuyer); and...
  • If you meet the program income and acquisition cost limits listed below; and...
  • If you are either purchasing never-occupied, new construction or you qualify for one of the following downpayment assistance programs:  Opportunity, HomeChoice, Bellingham, ARCH, Veterans, or a community second programs previously used with the Opportunity program;
    and ...
  • If you meet with a Participating Loan Officer and determine that you qualify for a mortgage loan according to FHA, VA, Conventional, Rural Housing Services (RHS),

Then... you may qualify!`

How Do I Get Started?

  1.  Attend a Free Homebuyer Education Seminar. It will provide you with the steps to buying your first home. You will receive a certificate upon completion of the class, valid for two years. This will be a requirement of your loan process.
  2.  Contact Aaron Hoy - Capstone Home Loans. We can find the right loan type that will work with our programs to see if you qualify. 
  3. Once you know how much you qualify for, it is time to look for a home. Aaron Hoy - Capstone Home Loans and your real estate professional will work with you to locate and finance a home.