PHFA Access Downpayment and Closing Cost Assistance Program

Pennsylvania Housing Finance Agency offers Access Downpayment and Closing Cost Assistance Program to home buyers in Pennsylvania: up to $15,000, as a deferred loan.

Amount: $15,000 at most
The type of help: Loan with deferred payments
Only first-time buyers: No

What does repayment look like for PHFA Access Downpayment and Closing Cost Assistance Program?

A loan with deferred repayment.

There's no monthly cost with a deferred loan, but you owe the full sum if you sell, refinance or finish paying off the first mortgage.

Which buyers qualify for PHFA Access Downpayment and Closing Cost Assistance Program?

This is limited to buyers who have a disability, or a disabled household member, and who also use the Access Home Modification Program.
Income for the household at 80% of the statewide family median income (HUD).
Being a first-time buyer isn't required.
You'll need one of PHFA's first mortgage loans too: Keystone Home Loan, HFA Preferred, or Keystone Government Loan.

Your county and household size set most limits. Try our HUD income limit tool to find your area's median income and see where your household falls.

Applying for PHFA Access Downpayment and Closing Cost Assistance Program

With your home loan, you apply to one approved lender; Pennsylvania Housing Finance Agency sends this help through those lenders.
Your lender compares your income, credit and the house with the program's rules, then sets the money aside on your behalf.
At closing, the money is paid toward your down payment and the costs of closing.

See the full rules and whether it accepts applications at Pennsylvania Housing Finance Agency's page for Access Downpayment and Closing Cost Assistance Program, or find a lender in the agency's list of participating lenders.

PHFA Access Downpayment and Closing Cost Assistance Program: ask a lender

Tell us where you're buying and a lender that works with Pennsylvania's programs can tell you whether PHFA Access Downpayment and Closing Cost Assistance Program fits you, and what you could combine with it.

Call 866-602-7460

Prefer not to call? Pass along your details and the lender will reach out to you.

More Pennsylvania first-time buyer programs

PHFA Grant:
A grant of up to $500.
PHFA Keystone Advantage Assistance Loan Program:
A repayable loan worth as much as 4% of the price or value, but no more than $6,000.
PHFA Keystone Forgivable in Ten Years Loan Program (K-FIT):
A forgivable loan worth as much as 5% of the price or value.
PHFA Keystone Due At Time of Expiration (K-DATE):
A deferred loan worth as much as 8% of the price or value.

Every Pennsylvania first-time home buyer program · Down payment assistance in every state