Up to 4% of purchase price or $6,000 at 0% interest. Repaid over 10 years.
PHFA's Keystone Advantage provides up to $6,000 in DPA as a second mortgage. The assistance covers down payment and closing costs and pairs with PHFA's competitive first mortgage rates.
While $6,000 is more modest than the K-FIT program's 5% forgivable option, Keystone Advantage has different eligibility criteria and can serve buyers who don't qualify for K-FIT. Pennsylvania's approach of offering multiple DPA programs ensures a broader range of buyers can find a program that fits their circumstances.
This program can be used on 1-4 unit properties. Live in one unit, rent the others.
We'll show you how to combine PHFA Keystone Advantage with other programs to maximize your free money — personalized to your ZIP code and income.