Homeownership center

Purchase Assistance

Through private and public partnerships, HomeSight provides purchase assistance to qualified first-time home buyers through low interest loans.

This purchase assistance can increase your buying power and help you build equity faster through:

  • Low down payments (as low as 1%), actual figures vary based on specific purchase transactions and details
  • Affordable monthly payments for the life of the loan.

To qualify, you must meet the following requirements:

  • Be a first-time homebuyer- as defined as someone who has not owned a home in the past three years. 
  • Complete HomeSight’s homebuyer education class and financial counseling.
  • Upon loan approval by HomeSight, purchase a home in the designated area based on purchase assistance program.

Create a profile in our Customer Portal to begin the approval process:

HomeSight works to preserve and promote economically and culturally diverse communities through affordable homeownership, business development, and community advocacy. We believe that communities can only be strong, vibrant, and equitable if homeownership is attainable, cultural anchors can thrive in place, small businesses have access to the skills and tools to excel in changing markets, and prosperity is built and shared amongst all members of each unique community. HomeSight has worked with low- and moderate-income families since 1990, creating over 2,000 homeowners. We’re dedicated to helping homebuyers find a personalized path to homeownership, put down roots in their communities, and create generational of wealth.”

Loan Products you can receive through homesight

  • City Of Seattle
    • The City of Seattle provides up to $55,000 in Down Payment Assistance. This is a 3% deferred loan for 30 years for borrowers buying within Seattle city limits. HomeSight matches with $25,000 to make a total contribution of $80,000.
  • King County
    • King County provides Down Payment Assistance of up to $45,000. This is a 4% deferred loan for 30 years for buyers purchasing in Auburn, Federal Way, Tukwila, and unincorporated areas of King County.
  • Snohomish County
    • Snohomish County provides Down Payment Assistance of up to $50,000. This is a 3% deferred loan for 30 years for borrowers buying within Snohomish County. It starts in year 8 and reduces 2% per year until over – anywhere from year 15 to year 22.
  • WSHFC Down Payment Assistance
    • Washington State Housing Finance Commission (WSHFC) provides Down Payment Assistance of $15,000 for eligible borrowers. This is a 1% deferred loan for 30 yrs. WSHFC also provides up to $15,000 for people with disabilities of either the borrower or a member of the household. Special counseling is required for these individuals.
  • Statewide
    • The remaining areas of Washington can receive up to $25,000 at 3% deferred for 30 years.
  • Social Justice Down Payment Assistance (BIPOC DPA) – Can be layered with all other DPA programs.
    • HomeSight has been allocated $3 million to use as down payment assistance for Indigenous and BIPOC customers. Loan amounts are $10,000, 0% deferred for 30 years.
  • Sam Smith “Hi Neighbor” Homeownership Fund (Specific for African American borrowers only)
    • Recognizing the growing racial inequalities in homeownership and taking a bold step towards a solution, HomeSight created The Sam Smith “Hi Neighbor” Homeownership Fund. This deferred loan product is designed for Black/African American moderate-income borrowers living in Washington State. Eligible borrowers can receive up to $12,000 to use towards their home purchase costs, loans can be combined with other HomeSight purchase assistance programs to help homebuyers successfully purchase their first home. Partnered with Windermere, US Bank, and NAREB.

Mission Focused Loans/Programs

  • VISTA Loans
    • ITIN (Individual Taxpayer Identification Number) loans are for borrowers who were issued an ITIN number by the IRS as opposed to a social security number. This loan is for alternative credit and ITIN borrowers who are allowed to work and pay taxes.  The HomeSight program includes borrowers with limited credit. Borrowers must have 5% down payment.  Rates are 2% above the WSHFC rate. *VISTA loan applicant can use any of the DPA programs they can qualify for.
  • Social Justice Down Payment Assistance (BIPOC DPA)
    • $10,000
    • 0% interest rate
  • Sam Smith “Hi Neighbor” Homeownership Fund (Specific for African American borrowers only)
    • Up to $12,000
    • 3% interest rate
  • Sharia Loan compliant for Muslim Borrowers *Please reach out to us for more information on this product

HomeSight Loan Originators Contact Info

Brooke Gibson



Ana Vargas 



Click on the links below to find out about purchase assistance programs available by area.