Washington § 43.180.220 - Housing finance program — Mortgage financing — Investments — Flexible loan underwriting guidelines.

Full text of Washington Revised Code of Washington § 43.180.220 — Housing finance program — Mortgage financing — Investments — Flexible loan underwriting guidelines., with citation guidance and answers to common questions.

§ 43.180.220. Housing finance program — Mortgage financing — Investments — Flexible loan underwriting guidelines.

The commission, in cooperation with the *department of community, trade, and economic development, and the state investment board, shall develop and implement a housing finance program that:
(1) Provides subsidized or unsubsidized mortgage financing for single-family homeownership, including a single condominium unit, located in the state of Washington;
(2) Requests the state investment board to make investments, within its policies and investment guidelines, in mortgage-backed securities that are collateralized by loans made within the state of Washington; and
(3) Provides flexible loan underwriting guidelines, including but not limited to provisions that will allow reduced downpayment requirements for the purchaser.
[ 1994 c 235 s 1.]

Notes

*Reviser's note: The "department of community, trade, and economic development" was renamed the "department of commerce" by 2009 c 565.
Severability—1994 c 235: "If any provision of this act or its application to any person or circumstance is held invalid, the remainder of the act or the application of the provision to other persons or circumstances is not affected." [ 1994 c 235 s 4.]

Source: official Washington text · Last verified 2026-08-27

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Frequently Asked Questions About Washington § 43.180.220

What does Revised Code of Washington § 43.180.220 cover?

Section 43.180.220 ("Housing finance program — Mortgage financing — Investments — Flexible loan underwriting guidelines.") is part of the Revised Code of Washington, the codified statutory law of Washington. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Washington § 43.180.220?

A common citation format is "Revised Code of Washington § 43.180.220" (Washington). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Washington law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Washington official source linked on this page or consult a licensed Washington attorney.

How does Washington § 43.180.220 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Washington can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

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