Good news for first-time home buyers! The Pennsylvania Housing Finance Agency's (PHFA) Keystone Home Loan rate for existing homes is now 3.400% for a limited time! For those who qualify, PHFA offers home purchase loans with low fixed interest rates, low down payments and generous seller assists for first-time buyers and buyers purchasing in designated target areas. Some buyers may even qualify for a down payment and/or closing cost assistance loan! These programs do have income and loan amount limitations so contact a PMA mortgage advisor for eligibility.
Hurry, this low rate is only available for a limited time!
Features of PHFA Loans:
For first-time buyers and special target areas.
Conventional, FHA, USDA or VA loans.
Seller assists permitted.
Down payment and closing cost assistance available to qualified buyers depending on program.
Purchase price and income limits apply.
Rate effective 9/22/17. Annual Percentage Rate (APR) based on $250,000 loan amount with 20% down with total monthly payment of $1,286.96 for 360 months. Payment includes taxes and insurance. Rate subject to change. Buyer must meet program guidelines. Seller assist and down payment/closing cost assistance based on specific program. Contact for updated rates and full program details.