Find First-Time Home Buyer Specialists in Federal Way, WA
Browse first-time home buyer specialists serving Federal Way, Washington. Contact information and addresses listed below.
Important: Listings are compiled from publicly available sources and have not been independently verified by BeforeMortgageUSA.com. We do not endorse any broker or guarantee outcomes. Verify licensing and disciplinary status with the
State Mortgage Licensing Authority of Washington before hiring.
Showing 19 first-time home buyer specialists in Federal Way, WA
Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
A first-time home buyer specialist in Federal Way, Washington, can guide you through the unique requirements of purchasing your first home. Washington state offers specific down payment assistance programs and tax credits for eligible buyers. Local specialists understand Federal Way market trends and can help you navigate the closing process, including the state required excise tax and title insurance.
What Does a First-Time Home Buyer Specialist in Federal Way Cost?
Typical costs for a first-time home buyer specialist in Washington range from 2.5% to 3% of the purchase price, often paid by the seller as a commission. Additional fees may include a loan origination fee of 0.5% to 1% of the loan amount and a home inspection costing $300 to $500. Down payment assistance programs may have their own fees. This is general information, not mortgage or financial advice.
* Cost estimates are general ranges based on publicly available data and compiled using automated research tools. Actual fees vary by agent and case complexity. This is not mortgage or financial advice — consult directly with an agent for fee specifics.
Frequently Asked Questions
What is a first-time home buyer specialist in Federal Way?
A first-time home buyer specialist is a real estate agent or mortgage advisor who focuses on helping people buy their first home. They are familiar with Washington state programs like the Washington State Housing Finance Commission down payment assistance and local Federal Way incentives.
What down payment assistance is available in Washington for first-time buyers?
Washington offers several programs, including the Home Advantage down payment assistance and the Covenant Homeownership Program. These can provide up to 4% of the purchase price for closing costs and down payments, and are available to qualified buyers in Federal Way.
Are there specific time limits for first-time home buyer programs in Washington?
Yes, some Washington programs require you to complete a home buyer education course within 12 months before applying. Additionally, you must occupy the home as your primary residence within 60 days of closing for most assistance programs.