House Hacking in Bremerton, How a Group of Friends Bought Their First Home with An FHA Loan
For many first-time buyers in their 20s, the dream of owning a home feels impossible. But in Bremerton, WA, a group of friends proved there’s another way. By pooling resources, they bought a home together using an FHA loan — and started house hacking to offset their mortgage.
What is House Hacking?
Simple definition: live in one part of the home, rent the rest out to cover costs.
Works with roommates, duplexes, or even basement rentals.
Especially powerful in high-demand rental markets like Kitsap County.
A Bremerton, WA Story
A veteran and his friends wanted to buy, but because not everyone was eligible, a VA loan wasn’t the best fit.
Instead, they used an FHA loan → low down payment (3.5%) and flexible credit requirements.
Friends share housing costs → mortgage payment significantly reduced.
Outcome: they became homeowners years earlier than expected!
Why Bremerton works for house hacking
Strong demand from military and commuters.
Ferry access to Seattle (higher rents there drive demand here).
Affordable compared to King County.
Many homes with layouts that work well for shared living or renting extra rooms.
FHA loans and co-buying: what to know
FHA loans allow multiple co-borrowers (friends, family, unmarried partners)
Must live in the home as a primary residence.
Can be a stepping stone → later refinance into Conventional or VA (if eligible).
Great for younger buyers pooling resources.
Thinking about house hacking in Bremerton or Kitsap County? Whether you’re buying with friends or on your own, we’ll help you find the right loan program and strategy, we look forward to talking to you soon!
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Yes. FHA loans allow multiple co-borrowers as long as one intends to occupy the home. text goes here
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Rent from roommates or extra units helps offset the mortgage, making homeownership more affordable.
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Yes. With strong rental demand and proximity to Seattle, it’s ideal for buyers looking to offset costs.