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
- Up to $15,000
- Kind of help
- Deferred loan
- First-time buyers only
- No
How is PHFA Access Downpayment and Closing Cost Assistance Program paid back?
Deferred loan.
A deferred loan costs nothing each month, but the whole amount is due when you sell, refinance or pay off the first mortgage.
Who qualifies for PHFA Access Downpayment and Closing Cost Assistance Program?
- Only for buyers with a disability or a disabled household member who are also using the Access Home Modification Program.
- Household income 80% of statewide family median income (HUD).
- You don't have to be a first-time buyer.
- It comes with a PHFA first mortgage loan (Keystone Home Loan, HFA Preferred, or Keystone Government Loan).
Most limits follow your county and household size. Our HUD income limits lookup shows your area's median income and where your household sits.
How to apply for PHFA Access Downpayment and Closing Cost Assistance Program
- Pennsylvania Housing Finance Agency pays this help out through its approved lenders, so you apply with one of them, together with your home loan.
- The lender checks your income, credit and the home against the program's rules and reserves the money for you.
- The help is paid at closing, toward your down payment and closing costs.
Read the full rules and whether it is taking applications on Pennsylvania Housing Finance Agency's page for Access Downpayment and Closing Cost Assistance Program, or pick a lender from the agency's list of participating lenders.
Ask a lender about PHFA Access Downpayment and Closing Cost Assistance Program
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.
Rather not call? Send your details and the lender will reach you.
Other first-time buyer programs in Pennsylvania
- PHFA Grant: up to $500, grant.
- PHFA Keystone Advantage Assistance Loan Program: up to 4% of the price or value, at most $6,000, repayable loan.
- PHFA Keystone Forgivable in Ten Years Loan Program (K-FIT): up to 5% of the price or value, forgivable loan.
- PHFA Keystone Due At Time of Expiration (K-DATE): up to 8% of the price or value, deferred loan.
All Pennsylvania first-time home buyer programs · Down payment assistance in every state