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

Urban Rehabilitation Homeownership Program for Homebuyers in Connecticut
The Connecticut Housing Finance Authority, otherwise known as CHFA, is an independent quasi-public housing agency operating within the State of Connecticut that was established in 1969 in an effort to lessen or alleviate the hurdles regarding the lack or insufficient supply of affordable housing opportunities for Connecticut’s low- and moderate-income families and individuals.

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Urban Rehabilitation Homeownership Program for Homebuyers in Connecticut
In accordance with this mission, the Connecticut Housing Finance Authority has established the Urban Rehabilitation Homeownership Program wherein it intends to home purchase loans at steady, below-market rates together with home improvement loans with no interest, all in an attempt to support homeownership and investment in selected Connecticut neighborhoods.

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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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Rehabilitation Mortgage Insurance Program
The Department of Housing and Urban Development, otherwise known as HUD, is a Cabinet department in the executive branch of the United States federal government.

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