Down Payment Assistance

Down Payment Assistance

Homeownership is within reach

Minimum Credit Scores for Washington State Housing Finance Commission (WSHFC) 620+

ALL programs can be combined to MANY programs.

The Freddie Mac Lakeview Loan

The Freddie Mac Lakeview no Ml program is a conventional loan product option that allows you to have buying power without the added monthly cost of mortgage insurance (Ml).

Some of the key program features include:

  • Eliminates the requirement for Ml prior to closing
  • Available for purchases and rate/term refinances
  • Primary residences and second homes with a minimum FICO 620
  • Purchase only investments with a minimum FICO 680
  • All standard Freddie Mac underwriting guidelines apply
  • Available for LTV’s between 80.01-97%

Home Advantage “Needs Based”

Up to $10K as needed with a 1% interest rate.

Home Advantage DPA

Up to 4% of the loan amount.

Home Advantage Conventional

Up to 5% of the loan amount, conventional only.

Tacoma Down Payment

Up to $20K, for designated area’s only. $1000 down payment. HQS inspection required.

Pierce County DPA

Up to $24,900 – doesn’t apply to city limits of Tacoma, Lakewood, Auburn, Pacific or Bonney Lake. $1000 down payment. HQS inspection required.

Home Choice

Program for families with disabilities up to $15K DPA, 1% interest.

House Key VA

Up to $10K for down payment assistance at 3% interest rate. Need based only.

House Key Opportunity

$10K – lower rate option with assistance.

House Key Plus ARCH

For East King County homes. Up to $30K toward down payment assistance. 4% simple interest, no payment for 30 years. Shared appreciation on loan, meaning portion of equity could be owed back.

House Key Plus Seattle

Must be within the city limites of Seattle. Minimum of 1% as down payment from the borrower, up to $45K for the down payment assistance. Shared appreciation on loan, meaning portion of equity could be owed back.

Oregon Bond Residential Loan Program

Helping first time homeowners achieve their housing goals. Oregon Housing and Community Services (OHCS) helps Oregon households buy a home by providing below-market rate financing and cash assistance through the Oregon Bond Residential Loan Program. The program offers a below-market interest rate which helps eligible families increase their home purchasing power and allow for lower housing payments.

  • Hard-to-beat below market rates
  • Long-term interest savings
  • Maximize purchasing power
  • No prepayment penalty
  • Lower monthly payments

Each loan program has specific guidelines in regards to income limits and qualifications. Property types allowed: Single Family Residences, Warrantable Condos and Manufactured Homes.

Contact me today to see if one of
these programs is right for you!

Making a Difference.

“We would like to attest to the professional services we received from Theresa Springer. She was able to obtain an home loan on our extremely complicated real estate transaction. Additionally, we were under a time constraint due to the numerous loan rules that challenge borrowers today. Theresa was able to work with us in a knowledgeable, efficient and detailed fashion. She was always responsive to our questions and needs, even after hours and on the weekends. We fully recommend Theresa to anyone seeking to obtain a mortgage.”

-- Ken and Kiri T.

Theresa Springer and Suzy Major were amazing to work with! Professional, friendly, patient - and amazingly fast. Thank you so much for helping with my 'unique' situation and closing so fast! Highly recommend!

-- Debra C.

Theresa sat down with us and helped us clean up our credit, showed us what we couldn't see, and over the course of a year we were able to purchase our first home. Not only was she helpful up front, but Theresa made the entire process painless. Her help and personal attention was priceless. Just recently, when rates were dropping Theresa contacted us and helped us through a refinance. Thanks for helping us with everything! Theresa will be hearing from us soon on our next home purchase!

-- Cory & Bob

Theresa is amazing! They say that knowledge is power... and she certainly has command of the knowledge required to excel at her business. What is truly impressive is her ability to put that knowledge to work for her clients and associates. Her style of communication is direct and easy to understand...which makes her easy to work with. Do yourself a favor and find a reason to work with Theresa... you will be better for it!

-- Mike F.

Theresa is my 'go-to' person when I have questions regarding anything that has to do with the economy... let alone the mortgage business. Her style of communication is direct and easy to understand... which makes her easy to work with. Do yourself a favor and find a reason to work with Theresa... you will be better for it!

-- Mike F., Marketing Director

In working with Theresa, I've had the opportunity to interview several of her clients and see her work up close. Plain and simply, she's phenomenal at what she does. She has a real understanding of both construction and residential lending and goes way beyond what many financial institutions will do to help you secure not just a loan, but a loan package that you can live with and that fits your unique needs. I highly recommend giving Theresa a call if you're looking to build a property, or buy or refinance a home.

-- Drew Z., LeftBrainRightBrain Marketing

Theresa's knowledge of residential lending is outstanding, especially as regards the remodeling and building industry. Couple that with her warm and endearing demeanor and you have a professional loan officer that serves your best interest in the most pleasant way possible. We regularly recommend her and will utilize her services the next time we need financing help.

-- Mitch and Arlene S., Stanley Home Renovation & Design, Inc.

I was beginning to lose hope on this loan project until Theresa became involved. More importantly, I knew my client was in good hands with her! Thank you Theresa!

-- Sherrie K., Attorney

We just can't say enough about Theresa's professionalism and perseverance. She has been a delight to work with from start to finish and we wholeheartedly recommend her!

-- Jim A., Arney Construction, Inc.

Theresa was genuinely interested in and dedicated to our project and took pride in following it through to the end. Without Theresa's guidance and commitment, we may have sold our house and missed out on the beautiful home it is today. Thanks a million Theresa!

-- Amy & Paul W.

Theresa sat down with us and helped us clean up our credit, showed us what we couldn't see, and over the course of a year we were able to purchase our first home. Not only was she helpful up front, but Theresa made the entire process painless. Her help and personal attention was priceless. Just recently, when rates were dropping Theresa contacted us and helped us through a refinance. Thanks for helping us with everything! Theresa will be hearing from us soon on our next home purchase!

-- Corey & Bob

For years, my husband and I debated whether we would remodel our home or move. Our desire was to remodel, but we just didn't know where to begin. One of the biggest deterrents was the financing. We had no idea how to finance such a large project and weren't educated on the options available to us. But when we found Theresa Springer, it was like finding the key to building our dream home. Theresa clearly explained all of our options and walked us through every step of the project. Even when we were well on our way, she was available for questions and checked-in on a regular basis to make sure everything was running smoothly. Theresa was genuinely interested in and dedicated to our project and took pride in following it through to the end. Without Theresa's guidance and commitment, we may have sold our house and missed out on the beautiful home it is today. Thanks a million Theresa!

-- Amy & Paul W.

We went through a very challenging purchase where, after accepting our offer, the seller couldn't produce clear title. Theresa's extraordinary knowledge was our greatest advocate - she'd even advised the title company as to what steps needed to be taken. In the end, we walked from that purchase, but Theresa stood by us through it until we eventually found the beautiful home we did ultimately purchase. She's an incredible professional and we can't recommend her strongly enough!

-- Drew & Linda Z.

Theresa guided us through the home loan process, and assisted us every step of the way. She is the ultimate professional with experience and a personable, caring attitude. Her knowledge and diligence made all the difference, and she kept us informed every step of the way! We felt very fortunate to have her expertise, and any home buyer would be lucky to have her on their team. Theresa went the extra mile to guide us through the requirements and options, and her whole team was very knowledgeable and responsive. Thanks for making this possible for us, we love our new home!

-- Ellen and Ross H.

We had gone through the mortgage process roughly a year and a half ago, but were unsatisfied with the service the USAA provided us. They threw an unexpected curveball at us very late in the process that had us giving them another $25,000 to close on our home. Due to falling interest rates, as well as a desire to get that cash out to do some home improvements, we were interested in refinancing our home. Theresa knew how to walk my wife and I through the process -- we were completely blown away by how professional and knowledgeable she was. I am referring as many people to Theresa in the course of my business as possible. You probably get these kinds of e-mails all the time, but I thought I would let you know of how satisfied my wife and I were with Theresa.

-- Mark L

It was not clear at the onset whether it would be financially possible for us purchase our home. However, with Theresa's creative and persistent approach, we were able to secure a loan and purchase our new house. Theresa and her staff were always cordial and seemed to share our enthusiasm about our new house, and were always available for questions and promptly returned our calls or emails (even on weekends). I highly recommend Theresa and Movement Mortgage for anyone looking for a home mortgage!

-- Mark L

We've worked with Theresa for years on a mortgage, re-fi and now an equity line of credit to cover some unexpected remodeling due to some water damage. As usual, she's super knowledgeable, easy to work with, very communicative and just gets things done - complete stress buster in terms of getting as loan. If you need a home loan of any type, Theresa's the ONLY call you should make and you're making a huge mistake if you don't! She rocks!

-- Drew & Linda Z.

I appreciated that you were always available to answer all my questions. Thank you for everything!

-- Cataline V.

As first time buyers it was a very smooth experience. We were absolutely very satisfied!

-- Joshua & Leslie S.

Theresa and her team got it done when others couldn't!

-- Chandler W. & Teresa R.

Information provided is believed to be accurate as of the date posted, information is subject to change without notice.
Please consult your tax advisor regarding mortgage interest and/or mortgage insurance deductions. Models/Lifestyles shown do not reflect ethnic/racial preference.
CA-DOC283982, OR, WA MLO-283982 | Movement Mortgage, LLC supports Equal Housing Opportunity. NMLS ID# 39179 (www.nmlsconsumeraccess.org) | 877-314-1499. Movement Mortgage, LLC is licensed by10101708“CA Department of Business Oversight under the California Residential Mortgage Lending Act” # 4131054, OR # ML-5081, WA # CL-39179, Interest rates and products are subject to change without notice and may or may not be available at the time of loan commitment or lock-in. Borrowers must qualify at closing for all benefits. “Movement Mortgage” is a registered trademark of the Movement Mortgage, LLC, a Delaware limited liability company. 8024 Calvin Hall Rd, Indian Land, SC 29707.