Washington State Housing Finance Commission

WA State Bond Program: Homebuyer Education

To qualify for the Washington State Bond Program, completing a certified homebuyer education course is a mandatory milestone. Every borrower listed on the Note and Deed of Trust must attend prior to locking your loan.

The Investment

Approximately 6-8 hours to complete and $50.00 per person.

Critical Deadline

Education MUST be completed prior to locking your loan.

Primary Provider

Visit ehomeamerica.org to find the next available course.

Register Online →

Certified Learning Options

While eHome America is the primary portal, certificates issued by these approved Washington partners are fully accepted for your bond loan file.

 

💻 eHome America

The standard self-paced online course. Use this link to register directly through the main Commission portal. Register Now

 

🤝Approved Partners

Certificates of completion from these specific organizations are also accepted:

Program Versatility & Quick Facts

Flexible Financing

The WA State Bond Program is available for both Conventional and FHA loan files.

Home Advantage DPA

Offers 3%, 4%, or 5% assistance at 0% interest with a statewide income limit of $215,000.

Statewide Availability

Anywhere in Washington, these benefits apply to help you secure your future.

Primary Residence

Designed for purchasing a primary residence to ensure long-term stability and community growth.

Industry Credentials

Commission-Trained
& Certified Specialist

NMLS Licensed Originator

Certified FHA Mortgage Professional

Specialized Designations

Certified Community Lender
Certified Mortgage Consultant

Your Certified Partner in Washington

Navigating state-sponsored bond programs requires more than just a standard loan application. As a Commission-trained loan officer, I specialize in identifying the best downpayment assistance programs to fit your unique financial profile.

Whether we are utilizing Home Advantage DPA or exploring specific needs-based options, my goal is to ensure your path to homeownership is clear, compliant, and optimized for your long-term success.

Start Your Qualification →

Want a local expert to help you find the right loan?

NMLS 1534892 | Pennington Lending Services Inc.

Washington State Bond & DPA FAQ’s

Do I have to be a first-time homebuyer to use this program?

Not necessarily. While many down payment assistance programs are geared toward first-time buyers, the Home Advantage program is available to repeat buyers as well, provided you meet the income limits and the home will be your primary residence.

Is the down payment assistance a grant or a loan?

It is a second mortgage with 0% interest. You don’t make monthly payments on this assistance; instead, the balance is typically deferred until you sell, refinance, or pay off your main mortgage. It’s designed to lower the “barrier to entry” so you can get into a home sooner.

Can I use this program with a Conventional loan, or just FHA?

This is one of the program’s best features—it is versatile. We can pair this assistance with both Conventional and FHA financing. During our initial consultation, I’ll run the numbers for both scenarios to see which one offers you the lower monthly payment and best long-term value.

How do I find out if I qualify for the maximum assistance?

The best way to start is with a quick scenario review. As a Commission-trained specialist, I can look at your specific income, credit profile, and target area to give you a clear “Yes” or “No” on eligibility within minutes. Ready to see what you qualify for? [Click here to start your qualification]