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WSECU Welcome Home Grant

Awarding homebuyers up to $10,000

WSECU Welcome Home Grant

Awarding homebuyers up to $10,000

Imagine holding the key to your new home

Sometimes a little extra goes a long way, maybe all the way to unlocking the front door of your new home. Imagine what you could do with a WSECU Welcome Home Grant.

Applicants may receive up to 5% of a home’s sale price, not exceeding $10,000, to use for a down payment.* And because the funding is granted, you won’t have to pay it back.

Begin by scheduling an appointment with our homeownership counselor. We’ll answer your questions and walk you through the grant application process and the home-buying process.

Schedule appointment

How to qualify

Eligibility requirements include:

  • Credit score: 620 or higher
  • WSECU membership
  • Primary residence in WA, OR, or ID
  • No homeownership in the past 3 years
  • Minimum borrower contribution: 1% of home’s sale price or appraised value, whichever is less
  • Maximum income limit: varies by county

For questions and further details on requirements, please consult a homeownership counselor.

A couple laughing in the kitchen while putting away groceries

The steps to your front door

Our application process is meant to be as simple and helpful as possible, and we’ll be there to guide you through it.

  • 1

    Schedule appointment

    Talk with a homeownership counselor to discuss the grant process and eligibility requirements.

  • 2

    Attend orientation

    Attend a virtual or in-person WSECU Homebuyer Orientation.

  • 3

    Obtain certificate

    Choose and complete one of three virtual or in-person homebuyer education courses.

Schedule appointment

Related resources

Step-by-Step Guide to Getting Your First Mortgage

How to Qualify for Your First Home Loan

The best down payment: How much is enough?

* To qualify for grant funds, buyers must meet all the WSECU Welcome Home Grant Program criteria as well as loan eligibility and property qualifications, some of which may not be listed here. WSECU reserves the right to alter or change grant criteria or lending requirements.

Must be a WSECU member to participate prior to loan funding. Not everyone will qualify for membership.

The home loan must fund with WSECU.

Grant may only be applied once to an eligible mortgage/property, regardless of number of applicants.

All federal, state, and local taxes imposed on the acceptance of a grant are solely the responsibility of the applicant. WSECU will issue an IRS Form 1099-MISC or W-2 to an applicant where a Form 1099-MISC or W-2 is required by applicable law. Applicants should consult their own accountant(s) or tax advisor(s) to determine tax implications, if any.

Down payment assistance programs may not be available in your area.

Credit and collateral are subject to approval. Terms and conditions apply. Programs, rates, terms and conditions are subject to change without notice.

Your perspective is important to us and helps us see where we’re hitting the mark and where there might be areas to improve.

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