First-Time Homebuyer · Washington · NMLS #1603937

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Step 1 of 5

What are you looking to do?

Pick the closest match. You can change this with your loan officer.

Step 2 of 5

When do you want to close?

No commitment — this just helps us prioritize your file.

Step 3 of 5

How much do you have for a down payment?

No stress if it's low — we have programs starting at $0 down with assistance.

Step 4 of 5

Estimated property value

Drag to adjust. Round number is fine — we use it to size your loan options.

$450,000

$100K $1M $2M $3M+

Step 5 of 5 — Final step

Where can a loan officer reach you?

We call within 24 hours. No credit pull.

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✓ Got it.

A Washington-licensed loan officer will call you within 24 hours. If you'd rather we call sooner, dial (702) 420-0655.

Or call us right now: (702) 420-0655

First-Time Homebuyer in Washington

What Washington buyers need to know

Washington's housing market is anchored by the Seattle-Bellevue tech corridor — one of the highest-wage and highest-priced metros in the country. King, Snohomish, and Pierce are designated high-balance counties, expanding conforming limits well above the national baseline.

Conforming limit (2026)

$806,500 ($1,209,750 in King, Pierce, Snohomish counties)

Top markets

Seattle · Spokane · Tacoma

Requirements

First-Time Homebuyer Eligibility in Washington

Generally simple, with state-by-state variations.

First-Time Status

3-Year Rule

No primary-residence ownership in the past 3 years. Some programs waive even this for veterans and certain professions.

Credit Score

580-620+

FHA: 580+. Conventional first-time programs: 620+. We can help with credit improvement strategies if you're close.

Down Payment

0-3.5%

VA: $0. Conventional first-time programs: 3%. FHA: 3.5%. DPA programs can cover the rest.

Income Limits

Vary by Program

Some programs (HomeReady, Home Possible) have income caps tied to local AMI; others have none.

Lending Arena, NMLS #1603937. Licensed by the Washington State Department of Financial Institutions, Consumer Services Division, as a Consumer Loan Company. Equal Housing Lender. This is not a commitment to lend. Programs, rates, terms and conditions are subject to change without notice. All loans are subject to credit and property approval.