PHFA Keystone Due At Time of Expiration (K-DATE)
Pennsylvania Housing Finance Agency offers Keystone Due At Time of Expiration (K-DATE) to home buyers in Pennsylvania: up to 8% of the price or value, as a deferred loan.
- Amount
- Up to 8% of the price or value
- Kind of help
- Deferred loan
- First-time buyers only
- No
- Credit score
- 660 or higher
How is PHFA Keystone Due At Time of Expiration (K-DATE) paid back?
Deferred loan: 0% loan with no monthly payments. You repay it when you sell, refinance or pay off your main home 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 Keystone Due At Time of Expiration (K-DATE)?
- Income must be within the Keystone Flex Loan Program limit.
- You don't have to be a first-time buyer.
- A credit score of 660 or higher.
- A homebuyer education course before you buy.
- It comes with a PHFA Keystone Flex first mortgage (Conventional, FHA, RD or VA).
- Price limit: keystone Flex Loan Program purchase price limit.
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 Due At Time of Expiration (K-DATE)
- 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 Due At Time of Expiration (K-DATE), or pick a lender from the agency's list of participating lenders.
Ask a lender about PHFA Keystone Due At Time of Expiration (K-DATE)
Tell us where you're buying and a lender that works with Pennsylvania's programs can tell you whether PHFA Keystone Due At Time of Expiration (K-DATE) 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 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