Several states offer low interest home loans and other housing assistance for qualified low- and moderate-income buyers. These loans are offered through approved lenders like DVFG Mortgage.   

Under federal law, to qualify for state-sponsored home purchase loans, buyers must fall within certain annual income limits. The loans are typically only available to first-time buyers or to buyers who have not owned and occupied a primary residence for a period of time. Limits also apply to the purchase price of the home; these limits often vary by location within the state. Buyers may be required to take credit counseling and/or homebuyer education courses.

In addition to low-interest loans, borrowers also may be eligible for down payment and/or closing cost assistance.

Learn more from the Pennsylvania Housing Finance Agency.

We can tell you more about state bond programs.