A PHFA home loan can help you buy your dream home

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Is there a home in your community that you’ve been dreaming about buying?  Well, let me introduce you to the Pennsylvania Housing Finance Agency, commonly known as PHFA.  Our agency was created 41 years ago to expand affordable housing options for the state’s residents. We’re the best place to start your housing search, with a number of exciting new options for homebuyers and existing homeowners.

Exploring homeownership

Owning a home is an exciting possibility. But it’s not right for everybody.  So how do you know if you’re ready?

PHFA offers a statewide network of housing counselors who – at no charge – will provide answers to your homebuying questions. They’ll not only help you review your budget, but they’ll help you decide on the best housing choice for your family’s needs. Counselors are located conveniently in or near most communities. Check out our website at for a list of counseling agencies in your area.

Quite often, people who would like to buy a home assume they can’t afford it. But in today’s housing market, homeownership can sometimes be as affordable as renting. Before you assume you can’t afford that home purchase, call our homeownership hotline weekdays at 800-822-1174 and talk with our customer service team.

New home loan options

In recent years, PHFA has unveiled some new mortgage programs that provide you with more homebuying options. One program doesn’t require private mortgage insurance, which can help lower your monthly payments. All offer down payment and closing cost assistance, making that home purchase more affordable than ever. Please speak with our staff on the homeownership hotline to see if you qualify.

Breaking news for homeowners

Owning a home can be a great experience. But sometimes unexpected expenses can make it hard to meet mortgage obligations, especially in today’s economy. The good news for Pennsylvanians is that PHFA has a foreclosure prevention program to help homeowners who are behind on their mortgage payments.

The Homeowners’ Emergency Mortgage Assistance Program, or HEMAP, brings homeowners current on their mortgage and can help with monthly payments while families get back on their feet. Learn more on our website at; use the search function in the upper-right corner of the screen to search using the keyword “HEMAP.” Or call the HEMAP Hotline weekdays during business hours at 800-342-2397. A simple call may save your home.

I invite you to explore our website at to see all we have to offer as you begin your search to buy your dream home. You might be surprised to find that the home purchase you’ve been dreaming about really is in your financial reach.

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