Northampton County: First-Time Buyers Forgiveable Mortgage Program

The Northampton County First-Time Homebuyer Program provides loans to eligible first-time buyers of Northampton County homes. These loans provide up to $5,000 to help with the cost of the house and closing costs; we secure the investment in our communities by placing a lien on the property for 5 years or until the property is sold. For each year you stay in your home, 20% of the loan is forgiven. The loan is completely forgiven if the homebuyer stays in the house for at least 5 years.  Click here to learn more.

Contact: DCED

URL: http://bit.ly/1FG3MkI

Additional Information: Income must be at or below 80% HUD AMI, based on household size. Mortgages are offered by specific lending partners, with funds subject to availability.

Organization:
Region:
Counties:
Fee:

HomeHUB Editorial Board

The content of HomeHUB© is informed by a Editorial Board which consists of representatives of key statewide stakeholder entities that believe in the importance of rebuilding homeownership in Pennsylvania. For additional information, visit our "About" page.