Compare Assistance Types
Pennsylvania Down Payment Assistance
Use these options as a conversation starter. Adam will check current funding, your eligibility, the mortgage pairing and lender participation before including assistance in your plan.
Keystone Forgivable in Ten Years (K-FIT)
Conditional ForgivenessAssistance paired with an eligible PHFA mortgage for borrowers meeting current program rules.
How it works: A second mortgage with gradual forgiveness over its required period. Leaving early or other repayment events can create an amount due.
Official Keystone Forgivable in Ten Years (K-FIT) Details (opens in a new tab)Keystone Advantage Assistance Loan
Repayable Second LoanDown payment and closing-cost help used with eligible PHFA financing.
How it works: Scheduled repayment differs from K-FIT forgiveness. Compare the second-loan payment with the first mortgage and your full housing budget.
Official Keystone Advantage Assistance Loan Details (opens in a new tab)PHFA Down Payment Assistance: Keystone Advantage and K-FIT
PHFA offers different types of assistance. Keystone Advantage is a repayable second mortgage. K-FIT is a second mortgage forgiven in 10% increments over ten years when its conditions are met. Ask Adam to explain the mortgage pairing and what happens to any remaining balance if you sell or refinance.
- Ask when a second loan must be repaid.
- Confirm which first mortgage pairs with the assistance.
- Compare combined monthly cost and cash to close.
Check Eligibility and Education
PHFA products may have income, purchase-price, property, buyer-status and homebuyer-education conditions. Requirements differ among programs. Ask Adam to review your scenario and confirm program-participation requirements.
Use Actual Property Costs
Property and school taxes, insurance and local settlement charges can materially change an estimate. Once you have an address, request parcel tax information and an insurance quote. The present owner’s bill may not predict yours.
More Than One Financing Path
Self-Employed or Buying a Rental in Pennsylvania?
Your documentation and property use matter alongside your buying state. Adam can review standard mortgage options and CCM’s Non-QM paths, including bank statements, 1099 or professional P&L statements, eligible assets and DSCR investor financing.
DSCR is for investment property. Non-QM availability and terms vary by product and property; state assistance should not be assumed to work with these loans.
Put the options together
What Could Work for Your Purchase?
Tell me where in Pennsylvania you’re buying, your timeline and what you have set aside. We can review state and national options, the monthly payment and the cash you may still need.
Review My Homebuying Options
Get help connecting your budget, down payment and loan choices. Leave a short request for Adam to review.
Prefer to talk? Call 304.268.8864Before You Make an Offer
- Ask for the current property tax bill and check whether your bill could change after purchase.
- Get a homeowners insurance quote and check flood coverage needs.
- Confirm HOA dues, assessments and any program-specific property requirements.
- Ask whether assistance funds are available for your loan and closing timeline.
National Down Payment Assistance
State programs are one path. Ask Adam about national down payment assistance options, too. Their rules may differ from state housing-agency programs; the specific product, property and borrower still need a review.
Assistance is not always a grant. Some options create a second loan or require repayment when you sell, refinance or no longer meet program conditions. The rate and total payment may differ from a loan without assistance. Availability, funding and eligibility must be confirmed for your purchase.
Explore national down payment assistance →Questions Buyers Ask
Are all PHFA assistance options grants?
No. PHFA describes repayable and forgivable second loans as well as grants.
Can I combine any loan with PHFA help?
Assistance is tied to specified mortgage products and eligibility; confirm the pairing for your offer.
Official State Resources
Program terms and funding can change. Ask Adam to help verify current details with the agency, including lender-participation requirements.