Home Ownership | Education & Lending | SNAP Financial Access

Residential

Purchase and Keep Your Home

Home

Worried about keeping up on mortgage payments as deferment programs draw to a close? We can help.

Contact us!

We have special programs available for those who need assistance making house payments.

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We Promote and Sustain Home Ownership

SNAP Financial Access is your local non-profit neighborhood partner. Our experienced staff will help you explore the financial options that are best for you whether you currently own one or would like to buy a home.

Home Ownership

Get ready to buy your first home! We are here to help.

Home Loans

Get the loan you need for home ownership.

Prevent Foreclosure

Helpful programs for when times are tough.

Homebuyer Education

In the Home Buyer Education seminar you will learn the home purchase process and obtain information on a variety of special programs available to assist first-time buyers.

100% Home Loan Financing for First Time Home Buyers

Even if you don’t have enough money for a down payment, or your credit is poor, you could still get a home loan in the Spokane area.

Mortgage Payment Assistance Available for County Residents

A special program is now available to help Covid-19 affected homeowners in Spokane County make past-due loan payments on their home mortgages. We know the last 10 months have been hard and are here to help!

Women's Business Center

Struggling to Make Your Mortgage Payment?

Have your expenses increased due to medical bills, divorce, or an increase in your mortgage interest rate. Maybe you’re trying to get by with less because your hours were cut or your business is struggling. If this sounds like your situation, it’s important to be proactive! Get on the right path to real help and real answers – right now. Learn more about Foreclosure Prevention.

Mortgage Default Counseling

Helps homeowners determine what options may be available to remedy default and avoid foreclosure. Counselors assist households by arranging repayment plans with their lender and by providing information and referral to other resources.

Foreclosure Prevention Loan Program

Applicants must have exhausted all other forms of assistance for retaining their home, including but not limited to refinance and loan modification.

Foreclosure Prevention Loan Qualifications

Property must be occupied by the owner, and the home must be their primary residence. Qualified applicants. SNAP must hold a first lien position. Loan amount must be at least $3,000. Loan requires equity in the property; loan amount shall not exceed 80% of property value. Credit history review is required. Applicants must have the ability to repay the loan.

Home Ownership

Plan

Purchasing a new home is a dream that is not easily attainable for many families. But right now, a program is available in Spokane to make it a reality.

Even if you have been unable to save enough money for a down payment on a home, or have a less than stellar credit, you could still be able to buy a home! The 100% Home Financing opportunity from SNAP Financial Access (SFA) provides a way for you to move into your first home in the Spokane County area.

Counseling and classes are free of charge and open to everyone.

The goal of the Housing Counseling Program is to promote and sustain home ownership. The SNAP Housing Counseling Program has been approved by HUD since 1988 to assist households with the challenges of buying and keeping a home.

Sign Up for a Home Ownership Workshop

Want to sign up for Home Buyer Education? Send a registration request to Galina and she will help you sign up!

Visit snapfinancialaccess.org/calendar and identify the class dates you would like to attend.

Counselor Meeting Request

If you’ve completed the Home Buyer Education class and you want to make an appointment with a counselor, submit this form and we will reply to schedule a meeting.

Pre-Purchase Counseling and Education

This program helps households identify and overcome barriers to home ownership. Counselors provide information about a variety of special loan programs. Home Buyer Education classes are also available.

Down Payment Assistance Loan Program

Pre-Purchase Counseling and Homebuyer’s Education Seminars will discuss a number of down payment assistance programs that are available to home buyers and identify how much you may be eligible for (subject to mortgage loan program criteria and specific income restrictions).

Home Repair Funding

Are you purchasing a home that needs some work but can’t afford it? SNAP offers Home Repair funding!

We’ll Be There Every Step of the Way

SNAP Financial Access will give you the knowledge and training you need so you can move into your new home soon.

1

Take a home buyer education class

HUD certified housing counselor and classes are free of charge to everyone.

 

2

Meet with a counselor

After you have taken home buyer education class you can meet with a counselor.

 

3

Apply for your home loan

Once we obtain your home loan forms, your application is one its way.

 

4

Move into your new home

Meet closing conditions and receive your keys!

 

Home Loan

Support

Why Should You Consider Home Mortgage Loan Support from SNAP?

In cooperation with our Housing Counseling Program, SNAP Financial Access can help prepare you for home mortgage loans.

Our home mortgage loan program is specifically designed to help low to moderate income homeowners with home mortgage loans focusing on improving their financial situation.

Contact a Loan Specialist

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  • We will connect you with a highly qualified counselor and explore the options that are best for you.
  • If you are considering debt consolidation or planning home renovations, come talk to us and see what options are available to you.
  • Protect yourself from rising interest rates. Predictable monthly payments that stay the same for the selected term.
  • We offer comprehensive financial services alongside mortgage loan preparation.

Homeowner Assistance

If you’re finding that you’re unable to make your mortgage payments with us and are looking for ways to keep your home or avoid foreclosure, give us the chance to help. 

Mortgage Assistance Options

There are several options available that you may be eligible for, including:

  • Refinancing your mortgage to extend the repayment period and/or reduce the interest rate to lower your monthly payments.
  • Modification of your current mortgage to make your payments more affordable.
  • Surrendering your deed to us voluntarily.
  • A special forbearance from SNAP Financial Access based on your current
    circumstances.
  • Selling your home to repay your mortgage in full. If your home's value is less than your outstanding loan balance, we may be willing to accept the amount of your home sale as full payment. This is known as a short sale.

 

Required Documentation

To explore these options, give our Mortgage Department a call at 509-456-7627. Please be sure to have the following documents ready to help us evaluate your eligibility:

  • Two most recent pay stubs (or other proof of income, such as SSI payments or retirement income).
  • Two most recent statements from all bank or credit union accounts.
  • Most recent tax return and all supporting documentation.
  • Hardship letter explaining why you are unable to make your payments.
  • A list of your monthly expenses.
  • We may require additional documentation of your expenses.
  • We may require additional information to properly evaluate your qualifications for these programs.
  • Other Resources

    To find a certified housing counseling agency, call:

  • Washington State Department of Financial Institution's Foreclosure Hotline: 877.894.HOME (4663) or visit their website.
  • US Department of Housing and Urban Development: 800.569.4287 or visit their website
  • Sericemembers Civil Relief Act

    The above information is posted in accordance with RCW 61.24.031(5)(e)

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