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

First Time Homebuyer Programs in Virginia
In 1972, the Commonwealth of Virginia has constituted the establishment of the Virginia Housing Development Authority in an effort to respond to the needs of Virginians who seek quality, affordable housing.

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Construction Incentive Program for First Time Home Buyers in New York
Under the State of New York Mortgage Agency, the Construction Incentive Program has been established. The goal of this program is to enable the construction of one and two family homes through the provision of funds, up to 97% of the value of the property, to eligible low to moderate income first time home buyers.

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First Time Homebuyer Programs in District of Columbia
The Department of Housing and Community Development, more commonly referred to as DHCD, is a local government agency in the District of Columbia that is primarily responsible for increasing quality housing and community development opportunities.

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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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