PHFA Keystone Advantage Assistance Loan Program
Pennsylvania Housing Finance Agency offers Keystone Advantage Assistance Loan Program to home buyers in Pennsylvania: up to 4% of the price or value, at most $6,000, as a repayable loan.
- Amount
- Up to 4% of the price or value, at most $6,000
- Kind of help
- Repayable loan
- First-time buyers only
- No
- Credit score
- 660 or higher
How is PHFA Keystone Advantage Assistance Loan Program paid back?
Repayable loan: 0% loan repaid monthly over ten years.
A repayable loan is a small second mortgage you pay off each month, usually in the same payment as your main home loan.
Who qualifies for PHFA Keystone Advantage Assistance Loan Program?
- Same as the PHFA main home loan you use.
- You don't have to be a first-time buyer.
- A credit score of 660 or higher.
- It comes with this first mortgage: HFA Preferred, Keystone Government, or Keystone Home 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 Keystone Advantage Assistance Loan 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 Keystone Advantage Assistance Loan Program, or pick a lender from the agency's list of participating lenders.
Ask a lender about PHFA Keystone Advantage Assistance Loan Program
Tell us where you're buying and a lender that works with Pennsylvania's programs can tell you whether PHFA Keystone Advantage Assistance Loan 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 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.
- PHFA Access Downpayment and Closing Cost Assistance Program: up to $15,000, deferred loan.
All Pennsylvania first-time home buyer programs · Down payment assistance in every state