Pennsylvania Housing

One of the biggest challenges facing first-time homebuyers is having enough money for closing. Northpointe Bank offers several programs that can help. Partnering with the Pennsylvania Housing Finance Agency, down payment assistance programs are available in the form of a second mortgage up to $6,000 for Keystone Advantage and up to $10,000 for K-FIT*. Buying a home may be more affordable than you think.

Program Features
  • Up to $10,000 in down payment and closing cost assistance**
  • Eligible for new or existing primary properties purchased anywhere in Pennsylvania
  • Borrowers must contribute up to $1,000 or 1% of the loan amount when using FHA financing or conventional financing with loan to value ratios that exceed 80%
  • Maximum debt-to-income ratio is 45% for Pennsylvania Keystone Government programs and Pennsylvania Keystone Home Loans using FHA, VA or RD financing
  • PHFA grant available up to $500
  • Minimum credit score 620
  • Down payment assistance is available to borrowers with a minimum credit score of 660
  • Homebuyer education course is required
  • Income limitations apply
*Keystone Forgivable in Ten Years Loan Program. **Down payment assistance available in the form of a 0% interest second mortgage repayable over a 10 year term. This is not a commitment to lend. All home loans are subject to credit review and approval.