Why should I choose a PHFA Home loan?

Benefits of a PHFA Home Loan

• Competitive interest rates.
• Fewer fees. Since PHFA restricts or limits certain fees, you can have peace of mind knowing that you didn’t pay more than you had to.
• Possible downpayment and closing cost assistance.
• 30-year, fixed rate terms.
• Can use with conventional, FHA, VA, or RD loan types.
• The rate is the same regardless of which lender you use.
• Unlike most lenders who sell their loans to other parties, PHFA retains the servicing for the life of the loan.
• If you’re building a home, PHFA offers a longer rate lock for no extra fee.
• PHFA cares about you, the homebuyer, and has your best interests in mind.