PHFA First-Time Homebuyer Mortgages


Looking to buy your first home in Pennsylvania? As an award-winning lender for the Pennsylvania Housing Finance Agency (PHFA), we can offer more options to help first-time buyers get approved, including programs requiring only 3% down, generous seller assistance and even no-interest, forgivable down payment and closing cost assistance loans! Best of all, you will have a trusted local lender alongside you to provide in-house service and expertise you can count on from application to settlement.

PHFA  Down Payment and Closing Cost Assistance Loan Options:

Keystone Flex with K-FIT:

  • Buyers must only contribute the lesser of $1K or 1% of the loan amount.

  • Closing cost assistance in the form of a no-interest, no payment second loan forgiven at 10% a year over 10 years.

  • Provides 5% of the lesser of the purchase price or appraised value with no maximum dollar limit  (Example: $250,000 purchase price equals $12,500 down payment/closing cost assistance loan).

  • Available Keystone Flex Purchase and Improvement Loan up to $30,000.

  • Purchase price and income limits apply. Contact us for current limits.

Keystone Home Loan with Advantage Second Mortgage:

  • ONLY 3% minimum down payment! 

  • 0% interest second mortgage to help with down payment and closing costs. Qualified buyers can receive up to 4% or $6,000 (whichever is less) of the purchase price or market value of the home to be repaid over 10 years.


To find out if you qualify for one of our PHFA options, please contact us.



Buyer must qualify. Subject to credit approval, purchase price and income limits.