1st time mortgage - 1st Time Mortgage - Let's Find You a Home - Get your financial fitness with Keystone Home Loan Program

GET YOUR FINANCIAL FITNESS ON TRACK WITH K FIT!

Buying house - 1st Time Mortgage - Let's Find You a Home - Get your financial fitness with Keystone Home Loan Program

GET YOUR FINANCIAL FITNESS ON TRACK WITH K FIT!

Keystone Forgivable in Ten Years Loan Program

Keystone Home Loan Program. - 1st Time Mortgage - Let's Find You a Home - Get your financial fitness with Keystone Home Loan Program

K-FIT provides down-payment and closing cost assistance for home buyers utilizing PHFA’s Keystone Home Loan Program.

ELIGIBLE BORROWERS MAY RECEIVE:

  • A forgivable second loan of five percent (5%) of the lesser of the purchase price or appraised value with no maximum dollar limit.
  • Loan forgiveness with 10% forgiven each year over a 10-year period.

PROGRAM REQUIREMENTS INCLUDE:

  • Borrowers must meet the eligibility and income requirements for the Keystone Home Loan Program.
  • Borrowers must have a minimum FICO score of 660.
  • Maximum financing is required.
  • Funds may be used toward down payment and/or closing costs.
  • Borrower must have minimum contribution per PHFA guidelines.
  • Home buyer education must be completed through one of PHFA’s approved counseling agencies.
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