FIRST TIME HOME BUYER PROGRAMS PENNSYLVANIA

FHA First Time Home Buyer Programs have been helping Pennsylvania residents since 1934 

 

FIRST TIME HOME BUYER PROGRAMS PENNSYLVANIA

A knowledgeable & licensed Pennsylvania 'First Time Home Buyer Program' Specialist can offer you a better loan including:

  • Low down payments (if any)

  • 24 Hour Pre-Approval

  • Low closing costs

  • Easier credit qualifying

  • Access to many of the unique

    State Specific Federal Government Backed Programs that may be available to Pennsylvania First Time Buyers.

Pennsylvania First Time Home Buyer Loan

If you’re buying your first home, then this is the perfect place to start. And don't fear: We have the first time home buyer specialist that answer all the questions you want to ask, — and, those you haven't thought of yet.  home easier and less expensive than any other types of real estate mortgage home loan programs.

Buy a home in Pennsylvania with help from a Family Member

When buying a home, almost every lender will want to know where your down payment came from. If someone in your family is helping you with that down payment, it is called a Gift of Equity, a special FHA loan program.

Pennsylvania USDA Home Loan

If you live in a small town, rural area or farmlands situated in a location approved by USDA Rural Development, you may be able to purchase a home with up to 100% financing. The United States Department of Agriculture (USDA) were designed to encourage rural development, meaning city homes are excluded. United States Department of Agriculture (USDA) sets lending guidelines for the program, which is why it can feel confident in your home financing decisions with step-by-step guidance from an experienced USDA Mortgage Banker.

 

Buying a 'Fixer Upper' in Pennsylvania & Adding Additional Funds for Home Improvements

An FHA 203K Purchase and Rehab Loan can work in this situation. The 203K has many advantages. Put simply it is a mortgage insured by FHA that allows a home buyer to add rehab funds into a mortgage.

VA Veterans Home Loans in Pennsylvania

The VA Home Loan is a Federal Program designed for United States Armed Forces, Military Retiree, Veterans, National Guard and Reservists, as well as Spouses.

Pennsylvania Construction Home Loan

At last, a single loan that lets borrowers finance the construction of their home. You can even 'bundle the purchase of the land' land with your construction loan under what is called the 'One Time Close' loan. Guidelines for this program, can be found by clicking here: 'FHA Construction Loan Programs'  or here: 'VA Construction Loan Programs'

Buying a 2 Family or 3 Family Investment Property in Pennsylvania

You can buy from a duplex residence all the way up to a 4 unit home with a Government Backed FHA Loan , as long as the property is owner occupied. .

Pennsylvania FHA Home Loan

How it works:

 

√    Determine the type of FHA Government Loan that best fits your needs.

 

√       Complete an easy 2 minute application form.

 

√    We will forward your application to one and only one  FHA Approved Lender who can best help you based upon:

 

  • The type of loan you requested

  • Your down-payment (if purchase loan)

  • The location (State) your property is located

  • Your credit history

  • The best rate available for your loan

 

√    An FHA Loan Specialist will respond within 1 business day. They will explain what type of loan you are approved for, and the options available to you. 

 

√    Immediately that same day, the FHA Lender will overnight your pre-approval letter to you.

 

√    Review with no obligations your FHA Loan Pre-approval and locked rate. 

 

Note- It is very important that you keep this letter. It is your official pre-approval on bank letterhead with your 'locked rate', and if purchasing a house, it is equally important that you present this letter to the real estate agent to confirm your pre-qualification status.              

Pennsylvania FHA Lending Limits 2017

Pennsylvania Median Home Sale Price Price $165,500

 

County NameSingleDuplex3 Unit4 Unit
ADAMS$275,665$352,950$426,625$530,150
   GETTYSBURG, PA
ALLEGHENY$275,665$352,950$426,625$530,150
   PITTSBURGH, PA
ARMSTRONG$275,665$352,950$426,625$530,150
   PITTSBURGH, PA
BEAVER$275,665$352,950$426,625$530,150
   PITTSBURGH, PA
BEDFORD$275,665$352,950$426,625$530,150
BERKS$275,665$352,950$426,625$530,150
   READING, PA
BLAIR$275,665$352,950$426,625$530,150
   ALTOONA, PA
BRADFORD$275,665$352,950$426,625$530,150
   SAYRE, PA
BUCKS$379,500$485,800$587,250$729,800
   PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-D
BUTLER$275,665$352,950$426,625$530,150
   PITTSBURGH, PA
CAMBRIA$275,665$352,950$426,625$530,150
   JOHNSTOWN, PA
CAMERON$275,665$352,950$426,625$530,150
   NON-METRO
CARBON$372,600$477,000$576,550$716,550
   ALLENTOWN-BETHLEHEM-EASTON, PA-NJ
CENTRE$275,665$352,950$426,625$530,150
   STATE COLLEGE, PA
CHESTER$379,500$485,800$587,250$729,800
   PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-D
CLARION $275,665$352,950$426,625$530,150
CLEARFIELD$275,665$352,950$426,625$530,150
   DUBOIS, PA
CLINTON$275,665$352,950$426,625$530,150
   LOCK HAVEN, PA
COLUMBIA$275,665$352,950$426,625$530,150
   BLOOMSBURG-BERWICK, PA
CRAWFORD$275,665$352,950$426,625$530,150
   MEADVILLE, PA
CUMBERLAND$275,665$352,950$426,625 $530,150
   HARRISBURG-CARLISLE, PA
DAUPHIN$275,665 $352,950$426,625$530,150
   HARRISBURG-CARLISLE, PA
DELAWARE$379,500$485,800$587,250$729,800
   PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-D
ELK$275,665$352,950$426,625$530,150
ERIE$275,665$352,950$426,625$530,150
   ERIE, PA
FAYETTE$275,665$352,950$426,625$530,150
   PITTSBURGH, PA
FOREST$275,665$352,950$426,625$530,150
   NON-METRO
FRANKLIN$275,665$352,950$426,625$530,150
   CHAMBERSBURG-WAYNESBORO, PA
FULTON$275,665$352,950$426,625$530,150
GREENE$275,665$352,950$426,625$530,150
HUNTINGDON$275,665$352,950$426,625$530,150
   HUNTINGDON, PA
INDIANA$275,665$352,950$426,625$530,150
   INDIANA, PA
JEFFERSON$275,665$352,950$426,625$530,150
JUNIATA$275,665$352,950$426,625$530,150
   NON-METRO
LACKAWANNA$275,665$352,950$426,625$530,150
   SCRANTON--WILKES-BARRE--HAZLETON, PA
LANCASTER$275,665$352,950$426,625$530,150
   LANCASTER, PA
LAWRENCE$275,665$352,950$426,625$530,150
   NEW CASTLE, PA
LEBANON$275,665$352,950$426,625$530,150
   LEBANON, PA
LEHIGH$372,600$477,000$576,550$716,550
   ALLENTOWN-BETHLEHEM-EASTON, PA-NJ
LUZERNE$275,665$352,950$426,625$530,150
   SCRANTON--WILKES-BARRE--HAZLETON, PA
LYCOMING$275,665$352,950$426,625$530,150
   WILLIAMSPORT, PA
MCKEAN$275,665$352,950$426,625$530,150
   BRADFORD, PA
MERCER$275,665$352,950$426,625 $530,150
   YOUNGSTOWN-WARREN-BOARDMAN, OH-PA
MIFFLIN$275,665$352,950$426,625$530,150
   LEWISTOWN, PA
MONROE$275,665$352,950$426,625$530,150
   EAST STROUDSBURG, PA
MONTGOMERY$379,500$485,800$587,250$729,800
   PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-D
MONTOUR$275,665$352,950$426,625$530,150
   BLOOMSBURG-BERWICK, PA
NORTHAMPTON$372,600$477,000$576,550$716,550
   ALLENTOWN-BETHLEHEM-EASTON, PA-NJ
NORTHUMBERLAND$275,665$352,950$426,625$530,150
   SUNBURY, PA
PERRY$275,665$352,950$426,625$530,150
   HARRISBURG-CARLISLE, PA
PHILADELPHIA$379,500$485,800$587,250$729,800
   PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-D
PIKE $636,150$814,500$984,525$1,223,475
   NEW YORK-NEWARK-JERSEY CITY, NY-NJ-PA
POTTER$275,665$352,950$426,625$530,150
SCHUYLKILL$275,665$352,950$426,625$530,150
   POTTSVILLE, PA
SNYDER$275,665$352,950$426,625$530,150
   SELINSGROVE, PA
SOMERSET$275,665$352,950$426,625$530,150
   SOMERSET, PA
SULLIVAN$275,665$352,950$426,625$530,150
SUSQUEHANNA$275,665$352,950$426,625$530,150
TIOGA$275,665$352,950$426,625$530,150
UNION$275,665$352,950$426,625$530,150
   LEWISBURG, PA
VENANGO$275,665$352,950$426,625$530,150
   OIL CITY, PA
WARREN$275,665$352,950$426,625$530,150
   WARREN, PA
WASHINGTON$275,665$352,950$426,625$530,150
   PITTSBURGH, PA
WAYNE$275,665$352,950$426,625$530,150
WESTMORELAND$275,665$352,950$426,625$530,150
   PITTSBURGH, PA
WYOMING$275,665$352,950$426,625$530,150
   SCRANTON--WILKES-BARRE--HAZLETON, PA
YORK$275,665$352,950$426,625$530,150
   YORK-HANOVER, PA