Homeownership Program

Parkview's Homeownership Program Offers home buying assistance in King county and Snohomish County to people with disabilities and family members who will live with them. We also work with current homeowners anywhere in the State that need help to avoid foreclosure.

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Current Homeowner Services Overview

Counselors offer information on the foreclosure process, and can provide one-to-one assistance to access community resources, develop a household budget, and negotiate with lenders for loan modifications or other repayment strategies. We provide this service free to you.

 

How to Get Started

• Download our Mortgage Default Intake Packet, fill it out completely, and mail, or fax it to us.
• You may wish to complete our online form in addition to the intake packet for faster service.

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Pre Purchase Program Overview

There are two major components to Parkview’s program. The first is a home buyer education and counseling component and the second is down payment assistance.

 

Program Eligibility

• Purchase a house or condominium unit in King County or Snohomish County.
• Be an individual with a developmental disability or have a family member with a developmental disability (DD) that will live with you.
• Be able to qualify for a mortgage now or sometime in the near future.

Qualifying for the Down Payment Assistance

• Successfully complete Parkview Services’ individualized home buyer education curriculum.
• Successfully complete Parkview Services’ one-on-one pre-purchase budgeting and counseling curriculum.
• Have gross annual income from all sources that is less than 80% of the area median income. Some preference will be given to home buyers who have income below 50% of the area median.
• Be a first time home buyer (you have not owned a home within the last 3 years). There are some exceptions for displaced homemakers or if you purchase in a targeted area.
• Have at least $500 of your own money saved for a down payment. You might be required to have more depending on the particular down payment assistance that you use.
• The person with a developmental disability must have sufficient support services to ensure the health and safety of themselves and their home.

How to Get Started with the Program

• Contact Marnie Claywell at 206.542.6644, or you may leave a message on our voicemail line at 206.529.4114. Please provide your name, phone number, and good times to call you. you.

Down Payment Assistance

1. WA State Housing Trust Fund
• Up to $39,500 in assistance
• 0% interest, no payments for 30-years unless you sell or refinance, shared appreciation
  
2. Federal Home Loan Bank Parkview
• up to $9,000 in assistance
• 0% interest, no payments, forgiven after five years
  
3. City of Seattle (cannot be combined with King County assistance)
• Award received by Parkview for up to $45,000 in assistance per household
• 0% interest, no payments for 37-years unless you sell or refinance, shared appreciation
  
4. HomeChoice Program (Washington State Housing Finance Commission)
• Based on income eligibility, up to $15,000
• 1% interest, no payments for 30-years unless you sell or refinance
  
5. King County Housing Finance Program (cannot be combined with City of Seattle assistance)
• Based on income eligibility, up to $35,000
• 0% interest, no payments for 30-years unless you sell or refinance, shared appreciation
6. Snohomish County (cannot be combined with City of Everett assistance)
• Based on income eligibility, up to $35,000
• 0% interest, no payments for 30-years unless you sell or refinance, shared appreciation
7. City of Everett (cannot be combined with Snohomish County assistance)
• Based on income eligibility, up to $35,000
• 0% interest, no payments for 30-years unless you sell or refinance, shared appreciation