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Homebuyer Resources

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Homebuying Today:

Is neither easy nor cheap. In today's market, costs are up and seller assist is rare. This leaves many would-be homebuyers struggling to save all the cash needed.

The Solution:

Qualified borrowers in PA can get up to 5% of the sales price of the home to pay for downpayment & Closing costs.

Get PreApproved

Get a free, no-obligation approval from a participating lender.

Get a quick idea of the costs & assistance for any home you are considering. Feel free to reach out if you have any questions.

Funds & Costs Calculator


Get up to 5% of the sales price as a Forgivable second mortgage with no payments, no interest and forgiven at 10% per year for each year the borrower retains the home as their primary residence (fully forgiven after 10 yrs).

K-FIT funds can be used with Conventional, FHA , VA and USDA loan types (must be combined with an eligible PHFA first mortgage product). With Conventional loans requiring only 3% down and FHA requiring just 3.5% down, the whole downpayment can be financed as well as some of the closing costs.

How much can this help? Below is an estimate for a home recently listed for sale in our area.

Real Life Example

Cost Summary

Sales Price : $279,900.00
Down Payment (3.00%) : $8,397.00
Closing Costs : $9,287.45
Pre-Paids/Escrows : $5,926.85
SubTotal : $23,611.30
K-Fit Funds : -$13,995.00
You Need : $9,616.30

Loan Summary

Loan Amount : $271,503.00
Rate (APR) : 6.500%(7.13%)
Loan Type / Term : Conv / 30yr Fixed

Payment Info

Principal & Int :          $1,716.08
Property Tax : $344.50
MI : $158.38
Ho Insurance : $100.00
Total Pmt : $2,318.96

Basic Eligibility

Credit Score of at least 660
Must be a primary residence
Be a first-time buyer or:
Have not owned a home in past 3yrs
Phila: No need to be first-time buyer
Meet County income limts:
1-2 people: $114,400.00
3 or more: $131,500.00
1-2 people: $137,200.00
3 or more: $160,100.00
For all other Counties: Click Here
Meet County Sales Price limits:
Bucks, Chester, Delaware, Montgomery: $539,200.00
Philadelphia: $659,000.00
For all other Counties: Click Here
Other restrictions may apply.
Contact a participating lender for more details.

**See important disclosures below

Make your Move!

If you're ready to explore the possibilities and speak with a participating lender, please click below.

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