Home Mortgages

Pennsylvania Housing Finance Agency (PHFA)

Pennsylvania offers several mortgage programs assisting the buying and refinancing of a home. The eligibility requirements are different depending on the loan program. PHFA offers programs with expanded underwriting and down payment assistance options for borrowers who qualify.

Keystone Home Loan

Homebuyers can take advantage of below market interest rates who have low to moderate income. Take advantage of this program and put as little as $1,000 into the transaction.

PHFA K-FIT

Paired with the Keystone Home Loan, this is a down payment and closing cost assistance where a homebuyer can receive 5% of the purchase price or appraised value towards the transaction!

• Must meet income and purchase price limits
• Must have a middle credit score of a 660
• Must complete counseling
• Homes located in a targeted area, there are no first time homebuyer requirements

You don’t have to pay back the money monthly but it is only repaid if you sell the home within 10 years, 10% is forgiven each year.

PHFA K-FLEX

Similar to K-FIT, this program allows for a small percentage of the purchase price or appraised value to go towards down payment and closing costs. There is no first time homebuyer requirement.

Philly First Home Grant

Homebuyers can take advantage of this Philadelphia specific down payment assistance program and receive the lesser of 6% of the purchase price up to $10,000! You can take advantage of buying a single-family home or a duplex. The property can’t be a condo.

The money isn’t paid back monthly and is only repaid if you sell the house within 15 years.

The New Jersey Housing and Mortgage Finance Agency (NJHMFA) Smart Start

The Smart Start program is available to participants in the New Jersey Housing and Mortgage Finance Agency’s (NJHMFA) First-Time Homebuyer and Homeward Bound programs. Homebuyers can take advantage of either $10,000 or $15,000 in down payment and closing cost assistance. The amount depends on the county.

DSHA Home Sweet Home

Offered through the Delaware State Housing Authority, homebuyers can take advantage of $12,000 in down payment and closing cost assistance. This program offers below-market interest rates to qualified buyers.

You don’t have to pay back the money monthly but is only repaid if you sell the home within 10 years, 10% is forgiven each year.

DSHA Delaware Diamonds

Homebuyers can receive $15,000 in down payment and closing costs assistance. This program is for essential workers only such as veterans, teachers, first responders etc. and must be employed in the position for at least 6 months. This program is for Delaware residents only.

There is NO first time homebuyer requirement for this program and NO minimal investment in the transaction.

You don’t have to pay back the money monthly but is only repaid if you sell the home within 10 years, 10% is forgiven each year.

DSHA First State Home Loan

This is a down payment assistance program offered through the state of Delaware. Homebuyers can receive 4% of the total loan amount towards down payment and closing costs.

You don’t have to pay back the money monthly but is only repaid if you sell the home within 10 years, 10% is forgiven each year.

Maryland Mortgage Program (MMP)

Settlement Expense Loan Program (SELP)

Baltimore City Grants

Pathway to Purchase

Employer Match Programs

Federal Home Loan Banks (FHLBanks)

Federal Housing Administration (FHA) Loans

USDA / Rural Housing Loans

Fannie Mae HomeReady^® Mortgage (FNMA HomeReady)

VA Loans