PHFA Keystone Home Loan + K-FIT DPA.
The Pennsylvania Housing Finance Agency's flagship first-time-buyer program. The Keystone Home Loan is a competitive 30-year fixed first mortgage (FHA, VA, USDA, or conventional). The K-FIT (Keystone Forgivable in Ten Year) DPA layers on top — up to 5% of the lesser of the purchase price or appraised value as a forgivable second mortgage, 10% forgiven per year, fully forgiven at year 10 of occupancy as primary residence.
PHFA also runs the HFA Preferred conventional product (Fannie Mae partnership with reduced MI), the Mortgage Credit Certificate (MCC) program (a federal tax credit up to $2,000/year on mortgage interest paid), and the HOMEstead closing-cost assistance program. We pre-screen all stacking options on every Pennsylvania file.
VA Loans In Pennsylvania.
Pennsylvania has roughly 800,000 veterans — the 4th-largest state veteran population. Active-duty installations include Letterkenny Army Depot (Chambersburg), Tobyhanna Army Depot (northeast PA), Naval Support Activity Philadelphia, and Carlisle Barracks (Army War College). The 2026 baseline VA loan limit is $832,750 across Pennsylvania — no high-cost counties. Full-entitlement veterans buy at any price with $0 down. Pike County, on the NY border, was historically high-cost but no longer breaks the threshold.
FHA In Pennsylvania.
2026 FHA single-family limits sit at the baseline $524,225 across most of Pennsylvania, with Philadelphia-area counties (Bucks, Chester, Montgomery, Delaware, Philadelphia) at modestly higher limits. Pike County (NY metro overlap) sits highest. Multi-unit limits scale up substantially — Philadelphia and Pittsburgh both have major 2-4 unit inventory.
Jumbo In Philadelphia & The Main Line.
Lower Merion, Radnor, Haverford, Tredyffrin/Easttown (the Main Line) routinely run jumbo. Center City Philadelphia, Society Hill, Rittenhouse Square, and the Fairmount/Spring Garden corridor also push above conforming. We place these files with portfolio lenders that understand Philadelphia's tax structure and the Main Line's price stratification.
Non-QM & The Self-Employed.
Pennsylvania has a strong small-business and healthcare-1099 economy. Our Non-QM bank-statement and 1099-only programs serve self-employed PA buyers whose tax returns understate true cash flow. DSCR investor loans serve the Pittsburgh and Reading rental markets well — both run strong rent-to-value ratios.