11/11/2021
Introducing the New K-Fit Loan Program.
Pennsylvania Housing Finance Agency (PHFA) launched the Keystone forgivable in Ten Years. A new down payment and closing cost assistance program for qualified first time homebuyers. K-Fit can be used in conjunction with the Keystone Advantage Home Loan Program and will provide you with a forgivable second loan up to 5% of the purchase price or appraised value which ever is less with no maximum dollar limit.
Some program guideline include
Minimum loan amount of $15,000
Minimum 660 credit score required
No interest be used with the Keystone Home Program Available FHA, VA, USDA and Conventional loans Loans forgiven at 10% a years over 10 years If you have any questions please contact me
Vicki Johnson