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King County Veterans & Active Military Foreclosure Prevention Loan Program

HOMESIGHT

Funding Amount

Varies

Deadline

Rolling / Open

Grant Type

foundation

Overview

King County Veterans & Active Military Foreclosure Prevention Loan Program

Funder: King County

Status: Active

Geographic Scope: King County (excluding Seattle city limits)

Focus Areas: Foreclosure prevention for veterans and active military members

Eligibility:

  • Homeowners within King County (except Seattle city limits)

  • Former or Active Military members

  • Homeowners with delinquent mortgages, property taxes, and/or HOA dues

  • Income restrictions apply based on household size
  • Program Details:

  • HomeSight received $500,000 grant from King County to provide foreclosure prevention loans

  • Provides deferred loan with payments deferred for 30 years at 2% simple interest

  • Homeowners must be able to resume future payments after receiving this loan

  • Helps households behind on mortgage, property taxes, or condo dues
  • Contact Information:

  • Main Office: (206) 723-4355

  • Email: info@homesightwa.org

  • Washington Homeownership Resource Center: 1-877-894-4663

  • Website: http://www.homeownership-wa.org/
  • How to Apply

    How to Apply

    1. Contact the Washington Homeownership Resource Center for assistance with your application
    - Toll-free: 1-877-894-4663
    - Website: http://www.homeownership-wa.org/

    2. Submit applications via a foreclosure prevention counselor

    3. You will need to:
    - Demonstrate delinquency on mortgages, property taxes, and/or HOA dues
    - Provide household income information (subject to income restrictions based on household size)

    Focus Areas & Funding Uses

    Fields of Work

    veteranshousing

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