Home Advantage First Mortgage Program
Our primary first mortgage program is for qualified homebuyers. Borrowers
must meet the program income limit and attend a free Commission-sponsored
homebuyer education seminar. The following loan types can be used for this
loan program: Federal Housing Administration (FHA), Conventional (Fannie
Mae), Rural Housing Services (RHS), and Veteran’s Administration (VA).
You do not need to be a first-time homebuyer to utilize Home Advantage.
Home Advantage Downpayment Assistance Second Mortgage Loan
Eligible households may qualify for a maximum loan amount of up to 4%
of the first mortgage loan amount in ALL counties of Washington State. The
funds can only be used for down payment and closing costs. This is a deferred
second mortgage (no payments) at 0% interest. Payable in 30 years, or at the
time of sale, refinance or transfer
Q: How can I find out more?
A: Call us or visit our website: www.guildmortgage.com/officers/peterharvey