The following is a list of some of the assistance programs available for homebuyers in the State of Pennsylvania. To learn more about an assistance program click on the name of the program you wish to learn more about and it will take you to that program’s website. To speak to us CLICK HERE.
STATEWIDE PROGRAMS
FIRST FRONT DOOR– $5,000
First Front Door can help homebuyers with closing costs and down payment. For every $1 you contribute, FFD will provide $3 in assistance, up to $5,000. The loan is forgiven if the property is not sold prior to five years, but is not forgiven if sold prior to five years. Funding is limited and available on a first-come, first-serve basis.
EMPLOYER ASSISTED HOUSING (EAH) INITIATIVE– $8,000
Eligible employees can receive a Keystone Advantage Assistance Loan of up to $8,000 for the down payment and/or closing cost assistance in the form of an interest loan amortized over 10 years.
HOMESTEAD DOWNPAYMENT AND CLOSING COST ASSISTANCE LOAN– $10,000
Homebuyers eligible for the HOMEstead program may qualify for up to $10,000 in down payment and closing cost assistance in the form of a no-interest, second mortgage loan.
KEYSTONE ADVANTAGE ASSISTANCE LOAN PROGRAM– $6,000
The Keystone Advantage Assistance Loan Program provides a second mortgage loan to help with the costs associated with the purchase of a home. Qualified borrowers can receive up to four percent (4%) of the purchase price or market value or $6,000 (whichever is less) in downpayment and closing cost assistance to be repaid monthly. The assistance loan will be amortized over a ten year term at zero percent (0%) interest.
KEYSTONE FORGIVEABLE IN TEN YEARS LOAN PROGRAM (K-FIT)
The Keystone Forgivable in Ten Years Loan Program (K-FIT) is available for qualified homebuyers, to provide assistance towards downpayment and/or closing costs. This program provides a second mortgage loan to help buyers supplement the costs of homeownership. Eligible borrowers may receive five percent (5%) of the lesser of the purchase price or appraised value with no maximum dollar limit in downpayment and closing cost assistance. The K-FIT loan is forgiven on an annual basis over ten years at a rate of ten percent (10%) a year.
ASSISTANCE PROGRAMS BY COUNTIES
Assistances is determined by individual needs
Berks County homebuyer loan program– UP TO $5,000
Bradford County homebuyer program– UP TO $5,000
Bucks County homebuyers program– UP TO $10,000
Chester County homebuyer program– UP TO $10,000
Cumberland County homebuyer program– UP TO $3,000
Dauphin County homebuyer program– UP TO $3,000
Delaware County homeownership first program- UP TO $5,000
Upper Darby Township homebuyer program– UP TO $6,000
Media fellowship program– UP TO $5,000
Lackawanna County homebuyer program– UP TO $7,500
Lancaster County homebuyer programs– UP TO $5,000
Montgomery County homebuyer program– UP TO $10,000
Northampton County home buyer program– UP TO $5,000
Philly Seeds Home Ownership Assistance Program – UP TO $2,000
Schuylkill Community Action gives – UP TO $1000
York County down payment and closing cost assistance– UP TO $7,000
Assistances is a % of your home purchase
