Keystone Government Loan Program for Homebuyers in Pennsylvania
Page 2

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
  Back to Page 1

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

First Time Homebuyer Programs in New Hampshire
The State of New Hampshire gives great importance to the welfare and safety of its people. One of the ways of showing this is through the establishment of the New Hampshire Housing Finance Authority, which is specially designed to assist low to moderate income residents of New Hampshire in the process of procuring safe and affordable housing opportunities.

---

Frequently Asked Questions about Buying Your First Home
The idea of buying a new home for the first time can be overwhelming for most people. It is probably the largest investment they have ever made, and the process itself seems downright intimidating. ...

---

Department of Housing and Urban Development's Dollar Homes Program
The Dollar Homes Program revolves around the process of selling single family homes for a superbly reasonable price of $1 (plus closing cost) to low-to-moderate income families, granted that these houses have been acquired through foreclosure by the Federal Housing Administration, and have already been actively marketed for at least six months and still remained unsold after that certain period of time.

---

FirstHome Mortgage Program in North Carolina
One of the programs of the agency is the FirstHome Mortgage Program wherein they seek to offer 30-year fixed interest rate mortgages to first time home buyers in the State of North Carolina.

---