Down payment covered.
Own the home.
The down payment stops most buyers before they start. This program covers 3.5% to 5% of your purchase price. FHA-backed, with a forgivable option that adds nothing to your monthly payment.
The down payment was the problem.
Now it isn't.
Most buyers don't freeze because they can't afford a mortgage. They freeze because getting past the down payment feels impossible. That gap is exactly what this program closes. You don't have to bring the money yourself.
- 1 Before we go further, we make sure the number works. Not just today. If life gets expensive, if your income shifts. The payment needs to hold up. We check that first.
- 2 You'll see the full cash-to-close picture before you commit to anything. Every number mapped. No surprises waiting at the closing table.
- 3 Plain English throughout. We find the structure that fits your situation and walk you through it. No jargon, no assumption you already know the process.
Four steps. No mystery.
No surprises. Here's the sequence.
Here's what actually matters.
The credit floor is 640. That one's firm. Above it, most situations have a path.
The stuff people always wonder.
Is there a catch I'm missing?
No catch. Real second lien. Repay over 10 years or forgiven after 36 on-time payments. One thing to know: refinancing before forgiveness triggers repayment. Your loan officer covers this before you close.
What if I have a hard month financially?
On the forgivable option, your monthly payment on the second lien is zero. The only obligation is keeping your first mortgage current, same as any FHA buyer. A tough month affects your first mortgage payment, not an extra one.
What if I sell or move in a few years?
If you sell before the 36-payment mark, the second lien gets paid off at closing from your equity, same as any lien on title. You won't owe money you don't have. It resolves from the sale proceeds. You're not locked in.
Amanda Balthrop
I'm based in Spokane and I work with buyers who want to know exactly what's happening with their loan. Not vague updates. Not surprises at the closing table. A straightforward process where the expectations are clear from day one and I hold myself accountable to following through on them. Homeownership is one of the biggest financial moves most people make. You deserve someone who takes that seriously and brings you into the process, not around it.
Amanda Balthrop | NMLS #1690127 | Licensed in WA | Dwell Mortgage NMLS #2426506
What Dwell clients actually say.
Pulled directly from Google. 4.9 stars across 100+ reviews.
I had a great experience with the Dwell Mortgage team while buying my home. They were honest, transparent, and clear about each step. I always knew what to expect, making the process much less stressful.
Hands down the best mortgage company around. We've done three transactions with them and each time the Dwell team rocked it. They are professional and super thoughtful. Buying a home is super stressful and I can't imagine using any other team. Highly recommend!
She came up with ideas and solutions that nobody else did, and did a great job explaining all of the ins and outs in a digestible way. My home purchase wasn't the easiest, and she was always on top of it. 10 out of 10 service and experience from this new homeowner!
The questions we always hear first.
Questions we answer before anyone asks.
Your first home is closer
than the down payment made it seem.
Book a call. Ask everything you've been wondering. You'll get real numbers and know exactly what comes next.
Book a Free Call640+ credit score. That's the conversation.