PHFA & PA Bonds

First Time Home Buyers & PA Bonds Pennsylvania

A PA Bond may be an affordable option for a first-time home buyer in Pennsylvania. Under the Pennsylvania Housing Finance Agency (PHFA) Statewide Home-ownership Program, PA Bonds are available for borrowers who may not meet qualification requirements for conventional loans.

Both new and existing homes are eligible for agency financing. With a PA Bond plan from Mortgage America, select borrowers can access mortgage loans below market interest rates.

Note: First-time home buyer is defined as a person who has not owned and occupied a home in the past three years.

Talk to a Mortgage America Loan Officer to see if you qualify for a PA Bond.