About: The HFA Preferred™ program is a conventional loan product offered by the Pennsylvania Housing Finance Agency. This program provide funding for eligible homebuyers to purchase or refinance a home up to 97 percent (97%) of the purchase price or appraised value, whichever is less, with a maximum combined loan to value (CLTV) of 105 percent (105%). The product offer a fully amortized HomeReady® with a 30 year fixed rate term.
Contact: April O’Connell
Additional Details: The HFA Preferred™ program is available to eligible borrowers in conjunction with the Keystone Advantage Assistance Loan and Mortgage Credit Certificate programs, and/or the Access Modification program with or without the Access Downpayment and Closing Cost Assistance program.