First-time home buyer programs in Pasco, Washington — down payment assistance
Pasco Down Payment Assistance

First-Time Home Buyer Programs & Down Payment Assistance in Pasco, Washington

First-time home buyer programs in Pasco, WA come in three shapes: a forgivable second lien with no payment, a repayable second lien that also reaches closing costs, and a refinance-cost option, each paired with a government-backed mortgage and none requiring a first-time buyer.

Current Program Snapshot

Current down payment assistance guidelines, updated from one source.

One source feeds every down payment assistance page Lendmire publishes; the Pasco, WA figures below refresh when the program sheets are updated.

Down Payment Help
Up to 5%

Of the purchase price

Up to this share of the price can come from assistance: the largest option reaches closing costs as well as the down payment, while the smaller options cover the 3.5% FHA minimum.

Forgivable
3.5%

Covers the whole FHA down payment

The FHA minimum down payment is 3.5%, and this option covers all of it with no interest and no monthly payment; it is forgiven after 36 on-time payments on your first mortgage.

Income Limit
None

On every option offered here

No income limit on any option offered in Washington — one of the biggest advantages of this program. Earn what you earn; the assistance is sized on the price, not on your income.

Credit
640

Credit score to start

The score that opens the forgivable options; the repayable options start a step higher. Two-borrower files may use a blended score on the second-lien options.

Assistance options offered in Washington — how much, what it costs to carry, and the credit it takes
OptionAssistanceWhat you repayCredit · mortgage · units
Forgivable second lien — three-year3.5% of the priceNothing after 36 on-time mortgage payments640+ · FHA 203(b), FHA Limited 203(k), HUD-184, USDA · 1–2 units
Forgivable second lien — five-year3.5% of the priceNothing after 60 on-time mortgage payments640+ · FHA 203(b), FHA Limited 203(k), HUD-184, USDA · 1–2 units
Repayable second lien — thirty-year amortization, ten-year balloon3.5% or 5% of the priceSecond lien, 30-year amortization, balloon in year 10660+ · FHA 203(b), FHA Limited 203(k), HUD-184, USDA · 1–2 units
Closing-cost repayable second lien3.5% or 5% of the priceSecond lien, 30-year amortization, balloon in year 10660+ · FHA 203(b) · 1–2 units
Refinance-cost second lien (repayable)1% to 3.5% of the balanceSecond lien, repaid660+ · FHA 203(b) · 1–4 units

Current down payment assistance snapshot · updated September 7, 2026 · five options offered in Washington · no option requires a first-time buyer · no option combines with another assistance program · owner-occupied primary residences only.

Program Notice

Down payment assistance options are consumer mortgage programs arranged through select wholesale lenders, licensed in sixteen states, paired with FHA, USDA, or HUD-184 first liens. Assistance is stated as a percentage of price or value, never as a dollar figure a specific borrower would receive; the forgivable and repayable options are second liens with their own disclosures. Eligibility depends on the first lien’s approval, the option’s rules, the property, and full underwriting, subject to lender program eligibility. The calculator’s rate is an editable market benchmark, not a quote, and its payment is an illustrative estimate; no fee or lender identity appears on this page. Lendmire is a mortgage broker and never the lender, and is not affiliated with or acting on behalf of FHA, VA, USDA, HUD, or the federal government.

Pasco Down Payment Assistance Guide

What down payment assistance is — and how the options differ.

First-time home buyer programs are not one program; they are a family of down payment assistance options paired with a government-backed first lien, and the right one for a Pasco, WA buyer depends on credit, the first lien, the property, and whether the help needs to reach closing costs.

For the program overview, see Lendmire’s down payment assistance program, or the statewide guide at Down Payment Assistance in Washington.

01.

Assistance covers the FHA down payment

In Pasco, WA, the assistance attaches to the first lien at closing and covers the buyer’s required investment; on the larger option, what remains after the minimum investment goes toward closing costs.

02.

Four shapes: grant, forgivable, repayable, refinance

For a Pasco buyer the choice is about cost to carry. The forgivable options cost nothing if the first lien stays current through the forgiveness period; the repayable option is a second loan with its own disclosure and a balloon that reaches closing costs.

03.

Credit floors, mortgage programs, and unit counts

Credit decides which options are open; the first lien decides which options attach; the property’s unit count and type decide which option carries it. The options table shows all three side by side.

04.

Eligibility without a first-time-buyer rule

No option requires a first-time buyer, and no option carries an income limit beyond the first lien’s own rules; a Pasco buyer who has owned before qualifies on credit, first lien, and property alone.

The Core Calculation
Mortgage plus assistance = the price; the shape of the assistance decides what is owed afterward

The calculator below runs this math on a price you enter. Choose an assistance option offered in Washington and add any cash of your own; it sizes the minimum investment, the assistance, what is left for closing costs, the FHA loan with its mortgage insurance, and the payment at an editable market benchmark rate.

Pasco Market Context

Where Pasco’s first-time and moderate-income buyers shop — and how the assistance fits.

These Pasco, WA figures describe the market, not a borrower; the first lien’s approval and the option’s rules carry the file, and the numbers here only explain the neighborhood it sits in.

Market context only. The higher the median value, the larger the minimum investment in dollars; that is why the assistance is sized as a percentage of the price rather than a fixed sum, and why the larger option matters more in expensive markets.

79,575Population (ACS 2020–2024)
$376,300Median owner-occupied home value (ACS 2020–2024)
29.1%Households that rent (ACS 2020–2024)
$85,586Median household income (ACS 2020–2024)

Data sources: U.S. Census Bureau — ACS 5-Year (2024) housing and population estimates, including tenure, home values, gross rents, and household income.

Pasco Submarkets

Distinct Pasco submarkets, distinct property rules.

Across Pasco’s established neighborhoods, county-limit homes, and rural edges, the same program produces different closings because prices, property types, and first liens differ block by block.

01.

Established neighborhoods

In Pasco, a first home in an older neighborhood pairs with the program on an FHA first lien, and the assistance covers the down payment the buyer would otherwise have to save. Pasco counts a population near 80K.

02.

Manufactured homes on owned land

For Pasco buyers choosing manufactured housing, the assistance is available on owned land, with the option set by the home’s width. The median owner-occupied home value in Pasco runs near $376,300 on the latest Census estimate.

03.

USDA-eligible areas

On Pasco’s rural edges, the USDA first lien and the second-lien options fit together, keeping cash to close near zero for buyers who qualify. Median gross rent in Pasco is about $1,227 a month — the payment many renters already carry.

04.

New construction

A new-build home in Pasco pairs with the assistance as long as it is the buyer’s primary residence and the first lien is a government program. Median household income in Pasco sits near $85,586 on the latest Census estimate.

05.

Two-to-four-unit homes, owner-occupied

The duplexes and small multi-unit homes of Pasco pair with the assistance on the first lien, up to the option’s unit limit. On a home at Pasco’s median value, the FHA minimum investment comes to about $13,200 — the figure the assistance is built to cover.

06.

Homes that need work

Renovation purchases in Pasco qualify for the assistance on the price before repairs, which keeps older homes within reach. About 29% of Pasco’s households rent — roughly 7,192 renter households, the pool the program exists for.

Submarket descriptions are general market context; the first lien’s approval, the option’s rules, and full underwriting decide every figure in a file.

How Pasco Buyers Use the Program

Four ways Pasco buyers put down payment assistance to work.

From a first home to a small multi-unit building to an FHA refinance, down payment assistance in Pasco, WA solves a specific set of problems.

First purchase

Buy a first home with the down payment covered

For a first purchase in Pasco, the assistance closes the down payment gap; the option is chosen by credit, first lien, and eligibility category.

Government mortgages

Pair the assistance with a USDA or HUD-184 mortgage

Where the first lien is USDA or HUD-184, the second-lien assistance options carry the file in Pasco, forgivable or repayable by the buyer’s choice and credit.

Refinance

Cover the costs of an FHA refinance

Owners in Pasco with an FHA loan and little cash for a refinance use the refinance-cost option, subject to its own credit floor and combined-leverage limit.

Small multi-unit

Buy a two-to-four-unit home and live in one unit

For a Pasco buyer choosing a small multi-unit home, the assistance attaches to the first lien on the building, up to the option’s unit limit.

Assistance Sizer

Size the assistance on a Pasco price before requesting a quote.

Run a Pasco price through the options before you request a quote: the minimum investment, the assistance applied, what is left for closing costs, the mortgage insurance tier, and the estimated payment. Enter income to see the ratios a lender reads.

Editable FHA scenario with assistance

Pasco FHA payment with assistance

Illustrative Pasco inputs; the calculator recalculates on every change.

Editable benchmark: 6.71% as of September 3, 2026 · Freddie Mac 30-year average via FRED®. A conventional market reference, not an FHA loan quote.

FHA minimum investment on this price.
Annual mortgage insurance rate applied, and for how long.

Illustrative starting assumptions: a $375,000 price near Pasco’s median owner-occupied home value (kept where an FHA first lien is realistic), the strongest assistance option offered in Washington applied against the FHA minimum investment, a thirty-year term at the current Freddie Mac benchmark, property taxes and insurance estimated for Washington (U.S. Census Bureau). Every field is editable.

Estimated total monthly housing payment
Principal and interest, FHA mortgage insurance, taxes, insurance and dues, on the total loan with the upfront premium financed.
Total down payment (your cash plus assistance)
Assistance applied to the down payment
Assistance left toward closing costs and prepaids
Your cash toward the down payment
Base loan amount
Upfront mortgage insurance premium, financed
Total loan amount
Principal and interest
Monthly FHA mortgage insurance
Taxes, insurance and dues
Housing and total debt ratios (with income entered)
Where the file lands

Illustrative estimate only — not a Loan Estimate, approval, quote, or commitment to lend. The rate field carries the weekly Freddie Mac thirty-year conventional benchmark, a market reference and not an FHA loan quote; your rate is set by the lender at lock. FHA mortgage insurance follows HUD’s published schedule for the term, leverage and loan size entered; taxes, insurance and dues are editable estimates; closing costs are not included; a repayable second lien adds its own payment, which is not shown here. Consumer mortgage lending licensed in sixteen states. Lendmire is not affiliated with or acting on behalf of FHA, USDA, HUD, or the federal government.

Down Payment Assistance vs. the Alternatives

Same buyer, four very different closings.

A Pasco, WA buyer can reach the closing table several ways; the difference is where the minimum investment comes from and what it costs to carry afterward.

Structure Comparison

Assistance on a government loan, saving the minimum, or a gift.

FHA with down payment assistance

Assistance paired with the first lien at closing: the minimum investment covered, the shape chosen by credit, first lien, and eligibility category, and the second-lien options open to repeat buyers with no income limit.

FHA with your own minimum investment

Paying the minimum investment yourself keeps the closing simplest — no second lien, no category, no course; the trade is the months or years of saving that the assistance replaces. For the first lien itself, see Lendmire’s FHA loan program.

USDA or HUD-184 with assistance

USDA and HUD-184 first liens pair with the forgivable and repayable options, which then cover closing costs and prepaids rather than a down payment the first lien does not require. For the USDA first lien, see the USDA loan program.

Where each one fits

If the payment fits but the cash to close does not, down payment assistance is the structure; if the cash is there, the plain purchase; if the property is USDA-eligible, the USDA first lien with assistance for costs.

Typical File Components

What to prepare for a Pasco scenario review.

A typical starting file for a first purchase with assistance.

Homebuyer education certificateA homebuyer education certificate where the first lien asks for one; the assistance options offered in Washington do not require it.
Property detailUnit count, condominium approval status, manufactured-home width and title, USDA eligibility, and any association documents.
Eligibility categoryProof of occupancy intent and the signed assistance application; the options offered in Washington need no eligibility category.
Mortgage programFHA, USDA, or HUD-184 — with the county loan limit checked against the price, since only the repayable options carry a high-balance first lien.
Assets and reservesStatements showing the buyer’s own funds for anything the assistance does not cover, plus any reserves the first lien requires.
Seasoned fundsAny gift or savings used alongside the assistance, documented the way the first lien requires.

This is a general preparation guide, not a universal checklist. The selected lender may request additional information based on the mortgage, the assistance option, the property, and the eligibility category. Nothing here is legal or tax advice.

Pasco File Considerations

Local details that can change the loan.

Beyond the credit tier and the first lien, a handful of details decide which option a Pasco buyer can use — or whether the assistance attaches at all.

Before You Move Forward

Use these checks to keep the Pasco file clean and fundable.

Before making an offer on a Pasco, WA home, confirm the option, the county loan limit, and the property’s unit count and type.

  • Know the option: choose by cost to carry first, amount second.
  • Understand the clock: plan a sale or refinance around the release date.
  • Confirm the property: check condominium approval and manufactured-home width.
i.

The option decides what you owe afterward

The same minimum investment can be covered two ways in Pasco, WA, and the difference is entirely in what happens after closing: nothing if the first lien stays current, or a second loan that comes due; the options table shows what is offered.

ii.

The forgiveness clock on the forgivable options

A forgivable second lien is released after the on-time payment period on the first lien — three years on one option, five on the other — with no interest and no payment in between; a serious delinquency inside the period keeps the lien in place.

iii.

Property type and unit count select the option

Before the contract is signed on a Pasco home, the unit count, the condominium status, the manufactured-home width and title, and any association package are checked against the option’s rules.

iv.

The balloon on the repayable option

The repayable option is the only purchase option that carries a payment; in exchange it covers the most and pairs with a high-balance first lien. Its terms are set by the program, never by this page.

v.

Blended scores for two-borrower files

A Pasco, WA couple where one score is strong and the other is not may reach an option through the blended score; the rule is that the higher earner carries the higher score, and manual underwriting is off the table when blending.

A Clear Process

From a Pasco pre-approval to keys with the assistance in place.

The path from a Pasco pre-approval to keys with the assistance in place runs through the option first and the paperwork second.

i.

Pick the option

Lendmire reads the Pasco scenario against the options offered in Washington: the credit tier, the first lien, the unit count, the category, and whether the help must reach closing costs.

ii.

Get the mortgage approved

The first lien’s approval carries the file; the assistance is arranged alongside it, with the eligibility category and the education certificate in hand where they apply.

iii.

Clear the property

Property review runs in parallel with the first lien; the Pasco home is checked against the option’s rules and the first lien’s, from the unit count to the association package.

iv.

Close both loans together

The Pasco closing carries both instruments: the first lien and the assistance, each documented on its own and closed together, with the education certificate in the file where it applies.

Why Lendmire

A brokerage that pairs the assistance to the loan.

Down payment assistance is where a generalist stumbles: the options differ by first lien, by credit tier, by unit count, and by state, and the wholesale programs that carry them competently are a short list.

i.

The option, matched to the buyer

A Pasco scenario is placed on the right option first — the credit tier, the first lien, and the category — and the rest of the file is then built to fit it, before anything is ordered.

ii.

The mortgage, matched to the property

USDA where the address is eligible, HUD-184 where the buyer qualifies, FHA everywhere; the Pasco, WA first lien is the foundation the assistance stands on.

iii.

The right wholesale program

A Pasco file is matched to the wholesale program whose option fits the buyer, and Lendmire manages the first lien and the assistance together through closing.

Client Experiences

Trusted by first-time buyers & families alike.

Verified Google Reviews
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Joseph Edwards
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Highly recommend, Cori was awesome to work with and had great communication. She was very helpful and got us through everything to close.
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K Star Real Estate LLC
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Cori on the Lendmire team was phenomenal! She was two steps ahead through the entire process of purchasing an investment property. She was solving problems before anyone knew there could have been a problem. Great communication, great availability, all around a great person to work with. She is the reason our deal closed. We look forward to working with her again in the very near future!
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Tristen Mosley
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Alayna Pack is very knowledgeable, helpful, communicative, and transparent. Highly recommend.
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J Mills
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Leigh is absolutely the best! Professional yet personable, diligent, and incredibly responsive. She was with us throughout the process and helped us secure a competitive rate. Leigh went above and beyond to make sure all of our questions were answered, and offered deep explanations for questions that arose. We felt supported through the entire process and trust her expertise completely. 5 stars!
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Tyjuana Atkinson
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Awesome experience!!!!!!! Leigh had our best interest at heart from beginning to the end.
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Anna Hernandez
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Curt Galbraith was a Great Loan Originator and goes above and beyond for his clients, working with him on this transaction was so easy. I would recommend him for any Buyers looking to Buyer or Refinance. Great Service all around
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RustynKelli Shelton
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Brenda is absolutely one of the most professional hardworking lenders we have ever dealt with; she’s helped clients of ours and now us personally. Her communication is top notch, you never feel like you’re forgotten or left to figure things out on your own, great to answer questions and explain each step. Definitely recommend Brenda to walk along beside you in your purchase process!
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Isaac Alonzo
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As a first time home buyer Curt Galbraith was a wonderful man, he explained everything i had questions about and took time out of his day to meet up late at nights after my night shift, to explain things to me .Over all Curt was really helpful all through closing and always there when you needed him. Thank you so much Curt for helping me through out the whole process.
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Jason Fleck
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Brenda, Samantha and the Lendmire team were absolutely fantastic to work with. We had to jump through some major hurdles to get this home done, which most lenders would have gave up, they kept pushing to get this home done for us. I would absolutely recommend Brenda and team to anybody. Thank you so much for your commitment, communication, perseverance through the whole process. Jason & Brooke
Questions Pasco Buyers Ask

Pasco down payment assistance FAQs

Plain answers to the questions Pasco buyers ask most about down payment assistance, before you request a review. Every file is underwritten individually; nothing here is a commitment.

Do I have to be a first-time homebuyer?

No option requires it. First-time status is not a rule of the program in Washington; the options open on the credit tier, the first-lien program, and the property.

Is there an income limit?

There is no income limit on the forgivable or repayable options; the first lien’s rules are the only income test a Pasco buyer meets.

What first-time home buyer programs are available in Pasco?

Three shapes paired with a government first lien: forgivable second liens with no interest and no payment, released after an on-time payment period; a repayable second lien with a balloon that also reaches closing costs and prepaids; and a refinance-cost option for an existing FHA loan. The options table on this page shows what is offered in Washington.

Do I have to pay the assistance back?

The forgivable second liens: no interest and no payment, released after the on-time payment period on the first lien, and they pair with FHA, USDA, and HUD-184 first liens. The repayable option is a loan with its own payment.

What credit score do I need?

A Pasco buyer’s credit tier decides which options are open — the options table on this page shows the floor for every option offered in Washington.

How does a forgivable second lien work — the small second loan behind the mortgage?

A lien that costs nothing to carry and disappears on schedule; the clock runs with the first lien’s payments.

Do I need a homebuyer education course?

Not on the options offered in Washington; a HUD-approved homebuyer education course is still worth taking on a first purchase, and some first liens encourage it.

Is there an option for refinancing?

For an existing FHA loan, yes — a repayable option sized on the balance, for a full refinance rather than a streamline.

What if my mortgage is above the county loan limit?

A high-balance first lien narrows the choice to the repayable options in Pasco, WA.

Can I use the assistance on a second home or a rental?

Primary residences only. Investment properties and second homes are outside the program.

Get Started

Place your Pasco purchase on the right option today.

Share the property, the price, and a little about your situation; a Lendmire loan officer names the option that fits and follows up.