The portion for mortgage assistance is $25 million.You will submit your application and supporting paperwork to the Pennsylvania Housing Finance Agency (PHFA) for review, following instructions in the application. As a result, all PHFA offices are currently closed to the public. Mortgage programs in Pennsylvania I know all this mortgage stuff can be overwhelming.
JavaScript is turned off in your browser.All assistance is subject to the availability of funds.PHFA's call center is available weekdays from 8 a.m. to 5 p.m. to assist the public and help with questions about the CARES Pandemic Mortgage Assistance Program.
The assistance includes down payment assistance and closing cost assistance, making it more affordable for first-time homebuyers to own a home. The average interest rate for a 30-year fixed-rate conforming mortgage in Pennsylvania is 3.17%.
Compare Offers from Several Mortgage Lenders. Please seek personalized advice from qualified professionals. Keystone Advantage Assistance Loan Program * ALERT! Links are also provided to additional helpful information. The Federal Coronavirus Aid, Relief and Economic Security (CARES) Act, passed in March, provided $3.9 billion for Pennsylvania and is intended to help people hurt economically during the pandemic.
Important Alert: PHFA employees will be working remotely until further notice in an effort to slow the spread of the coronavirus. This site is not affiliated with any Federal, State, or non-profit housing agency. HomeBUYERS Start Here | Homebuyer Assistance and Loans The toll-free number is 1-855-U-Are-Home (827-3466). In late May, the General Assembly directed $175 million of these CARES dollars to PHFA to provide assistance for struggling renters and homeowners.
So which mortgage is "right" for you? Callers should listen for the prompt mentioning CARES assistance for homeowners.The Federal Coronavirus Aid, Relief and Economic Security (CARES) Act, passed in March, provided $3.9 billion for Pennsylvania and is intended to help people hurt economically during the pandemic. There is financial assistance available for Pennsylvania renters and homeowners who have been impacted by the COVID-19 pandemic.
Board Meeting Notice: The next board meeting will be held Thursday, August 13th at 10:30 am. The state of Pennsylvania offers first-time homebuyers special benefits to help them become homeowners. PHFA offers home purchase and refinance loans to qualified borrowers throughout Pennsylvania.
This web site requires JavaScript to function properly. Otherwise, you will not be able to visit other pages using the navigation "menu" bar or have access to other content throughout the site. Get more information on how to begin the process of buying a home. Facing the possibility of foreclosure can be a difficult experience, but you don’t have to go through it alone. The information and calculators contained on this web site are made available as a self help tool for illustrative use only. There's an FHA mortgage, a conventional mortgage (whatever that is), USDA, and the Veteran's mortgage. Luckily, Pennsylvania offers a mortgage foreclosure diversion program that allows homeowners to work things out with their lenders while offering protection against unfair, deceptive, or predatory banking practices.