Keystone Government Loan Program for Homebuyers in Pennsylvania
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The Keystone Government Loan Program is somewhat similar to the Keystone Home Loan Program, aside from the fact that in the former, the eligibility requirements are determined by the respective participating lenders, instead of the PHFA. Also, the PHFA income limits will not be observed, and borrowers may or may not be first time homebuyers.

If you are interested in applying for the Keystone Government Loan Program, all you have to do is contact a PHFA participating lender, and inquire about the requirements and the necessary paperwork.

However, if you have a credit score that is below 660, you will have to undergo a homebuyer education seminar prior to the closing of the loan.

In addition, the program also offers another program that can be used in conjunction with it, the Keystone Government Assistance Loan. The Keystone Government Assistance Loan is a zero-interest second loan that can be utilized to cover the downpayment and closing costs.

Under this program, first time homebuyers can receive loan funds in the amount of $2,000 while non-first time homebuyers can receive loan funds amounting to $1,000.

Keystone Government Loan Program for Homebuyers in Pennsylvania
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About The Author Iola Bonggay is an editor of TopGovernmentGrants.com one the the most comprehensive Websites offering information on government grants and federal government programs. She also maintains Websites providing resources on environmental grants and grants for youth programs.

Additional Resources

category - Home Buying Programs

State of New York Mortgage Agency
The State of New York Mortgage Agency, otherwise referred to as SONYMA, is an agency established in the year 1970 in an attempt to address the shortages of funds within private banking systems that are specifically intended for residential mortgages within the State of New York.

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Keystone Government Loan Program for Homebuyers in Pennsylvania
The Pennsylvania Housing Finance Agency has been running the Keystone Government Loan Program in which it intends to provide first mortgage financing on loans that are insured by the Federal Housing Administration, the Rural Development, and the Department of the Veterans' Affairs.

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Downpayment Assistance Program for the First Time Home Buyers in North Carolina
The programs and activities of the North Carolina Housing Finance Agency are constantly geared towards the satisfaction of the best interest of its target population, which is why all their endeavors are carefully guided by their overall agency mission which is "to create affordable housing opportunities for North Carolinians whose needs are not met by the market."

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Alabama Housing Finance Authority
The Alabama Housing Finance Authority, more commonly referred to as AHFA, is a public corporation which was established in the year 1980 under the Act No. 80-585 of the Alabama Legislature.

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