05/07/2026
HUGE NEWS 🥳 🎉 🪅
The Pennsylvania Housing Finance Agency has rolled out another new closing cost assistance program(K-DATE) that is NOT just for first-time homebuyers and has income limits that go by the borrower and not the household! Income limits listed below!
For purchase loan amounts of $150,000 and above they allow for an interest and payment free loan of up to 5% of the purchase price. For loan amounts under $150,000 that number goes to 8%! It is interest and payment free until time of expiration. That is defined as the sale of the home, refinance of the mortgage or the payoff of the first mortgage.
I have recently seen competitors speaking poorly and spitting downright lies on closing timeframes with PHFA via social media. If I couldn't offer this program, I would be terrified too 🤣 However, when you work with someone who has been recognized as a "Top Loan Originator" with PHFA countless times, it is easy to dispell these myths and a 30 day close is very much in the realm of possibility.
Apply today at www.rate.com/georgecrumlich
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