Am I a Candidate for ONE+?
Enter a few basic details below to see if you may be eligible for the ONE+ program. This is not a loan application or formal qualification — it's a quick indicator based on the three main criteria. A full approval requires a complete loan application with Todd.
What Is ONE+ by Rocket Mortgage?
ONE+ is a down payment assistance program that combines a small contribution from you with a grant from Rocket Mortgage — giving you instant equity and a path to homeownership with far less cash upfront. It's available to qualified Washington buyers statewide, with no first-time buyer requirement.
You contribute just 1% of the purchase price — only $3,500 on a $350,000 home.
Rocket adds a 2% grant — up to $7,000 — that never has to be repaid. It's yours at closing.
You start homeownership with 3% equity already built in — without putting up 3% yourself.
A Real Example — What ONE+ Looks Like
Here's how the numbers work for a buyer in the Pierce or Spokane County area using 2026 income limits and a current conventional rate estimate.
Want numbers on a specific Washington home you're looking at?
Todd can run your exact scenario — purchase price, income, rate — in minutes.Washington AMI Income Limits by County
To qualify for ONE+, your household income must be at or below 80% of the Area Median Income (AMI) for the county where you're buying. These are the HUD FY2026 limits effective May 1, 2026.
| County | Main Cities | HUD Median Family Income | 80% AMI Limit (4-person) |
|---|---|---|---|
King |
Seattle, Bellevue, Redmond, Kirkland |
$164,400 | $116,650 |
Snohomish |
Everett, Marysville, Bothell |
$164,400 | $116,650 |
Kitsap |
Bremerton, Silverdale, Port Orchard |
$129,600 | $103,700 |
Clark |
Vancouver, Camas, Battle Ground |
$128,300 | $102,650 |
Pierce |
Tacoma, Puyallup, Lakewood |
$127,300 | $101,850 |
Thurston |
Olympia, Lacey, Tumwater |
$122,800 | $98,250 |
Whatcom |
Bellingham, Ferndale, Lynden |
$123,300 | $95,350 |
Spokane |
Spokane, Spokane Valley, Cheney |
$110,500 | $88,400 |
Benton |
Kennewick, Richland, West Richland |
$105,400 | $84,300 |
Yakima |
Yakima, Selah, Sunnyside |
$88,600 | $77,600 |
Source: HUD FY2026 Income Limits, effective May 1, 2026. 80% AMI shown is the 4-person Low Income limit per HUD area. All Washington counties qualify — verify exact limits at huduser.gov or the Fannie Mae AMI Lookup Tool. Contact Todd to verify your specific county and household size.
Qualification Requirements
Six straightforward requirements — and many Washington working families meet them.
Income at or Below 80% AMI
Qualifying income must not exceed 80% of the Area Median Income for the Washington county where the property is located. See the table above for your county's limit.
Primary Residence Only
The home must be your primary residence. Eligible properties include single-family homes and 2–4 unit owner-occupied properties.
Maximum Loan Amount of $350,000
For single-family homes: you contribute 1%, Rocket adds the 2% grant for 3% total equity. For 2–4 unit properties: you contribute 3%, Rocket adds 2% for 5% total equity. PMI required until 20% equity.
30-Year Fixed Conventional Loan
ONE+ uses a 30-year fixed-rate conventional mortgage structure. It cannot be combined with other Rocket Mortgage promotional discounts and cannot be retroactively applied to locked rates.
No First-Time Buyer Requirement
Both first-time and repeat home buyers are eligible. No geographic restrictions within Washington — available from Seattle to Spokane and everywhere in between.
620 Minimum Credit Score
A minimum 620 credit score is required. Approval is also based on overall credit factors including debt-to-income ratio (target under 50%).
Who Is a Great Fit for ONE+?
Washington has a wide range of working families, public employees, and first-generation buyers who are ideal ONE+ candidates — people who can comfortably afford a monthly mortgage payment but haven't been able to save a full down payment.
First Responders & Public Sector
Police, fire, EMTs, and state workers — stable income, often at or below 80% AMI outside the Seattle metro, with limited savings for a down payment.
Teachers & Educators
Starting teacher salaries in Washington commonly fall under 80% AMI in many counties — a strong audience statewide with solid DTI ratios.
Renters Ready to Buy
Washington renters who can handle a mortgage payment but haven't saved a full 3% down — ONE+ bridges that gap, especially in Tacoma, Spokane, and the Tri-Cities.
Repeat Buyers Downsizing
No first-time buyer requirement means sellers moving to a smaller home can use ONE+ for their next purchase with less cash tied up.
Healthcare & Service Workers
Washington's healthcare, hospitality, and service workers earning $45K–$90K typically match the AMI profile in Spokane, Yakima, Tacoma, and beyond.
Young Families
Households of 3–4 with qualifying incomes up to $77K–$116K depending on the Washington county. High demand for entry-level homes statewide.
Not sure if your income qualifies?
Todd will check your income against 2026 AMI limits for your Washington county — no cost, no obligation.Work With Todd Davidson
Todd is an Executive Loan Officer at Rocket Mortgage who works with buyers throughout Washington State. He works directly with the ONE+ program and specializes in helping Washington buyers — first-timers, relocators, and repeat buyers — find the best path to the closing table.
Todd Davidson
Executive Loan Officer · Rocket Mortgage · NMLS #2003696
- Specializes in Washington purchases & relocations statewide
- ONE+ down payment assistance expert
- Lender-paid 1% rate reduction in Year 1 on purchase loans
- FHA, VA, Conventional & Jumbo loans available
- Fast pre-approvals — often same day
- Free quotes — no obligation, no pressure
Equal Housing Opportunity Lender · Rocket Mortgage NMLS #3030 · Rate offers subject to qualification.
Ready to Start? Here's What to Do Next
Verify your income against the 2026 AMI limits for your Washington county using the table above, or check Fannie Mae's AMI Lookup Tool. Or just ask Todd — he'll check it for you in minutes.
Get pre-approved with Todd Davidson. Knowing your budget puts you in a stronger negotiating position and lets you move fast when the right home appears. Learn about the pre-approval process →
Search active listings under $350,000 in your target Washington city or county. Sign up for listing alerts to be notified the moment new homes hit the market.
Connect with a local Washington Realtor who can work seamlessly with your mortgage team. Use our Realtor Connect tool → to find an agent in your target city.
Learn more about ONE+ directly at Rocket Mortgage: rocketmortgage.com/home-loans/one-plus. AMI data: HUD FY2026 Income Limits, effective May 1, 2026.
Ready to Make Washington Home?
Whether you're a first-time buyer, moving from out of state, or just haven't been able to save enough for a down payment — Todd will walk you through every option and make it easy.