Save with a PHFA Loan
Thanks for visiting our Blog. Please take the time to subscribe to our feed.Learn More at the PHFA Website.
PHFA’s home purchase loans carry lower-than-market, 30-year fixed interest rates. Buyers save on fees, as well, including a 25 percent discount on title insurance for most loans. Buyers may also qualify for closing cost and/or downpayment assistance. Also, the savings in energy costs that result from high energy efficient homes can count as qualifying income by lenders. These benefits mean buyers have more purchasing power and therefore a larger selection of homes from which to choose.
PHFA offers a 240 day rate lock for no additional fee and at the same low rate as that for existing homes! PHFA financing may be used as the end loan with either one settlement date or two. Property guidelines generally follow those of Fannie Mae for conventional loans or the respective federal agency for government insured/guaranteed loans.
PHFA’s home loans are originated, processed, and closed by a network of approved participating lending institutions. The loans and servicing rights are then purchased by the Agency following settlement. PHFA loans are also originated by approved mortgage brokers who obtain sponsorship from a participating lender.
Learn More at the PHFA Website.
TAGS: 30 year fixed interest rates, closing cost, conventional loans, downpayment assistance, energy costs, energy efficient homes, fannie mae, fixed interest rates, guaranteed loans, high energy, home loans, home purchase loans, lenders, lending institutions, mortgage brokers, phfa, purchasing power, settlement date, sponsorship, title insurance
Newsroom
March Events in Lebanon County
Mar. 4-6 Annual Lebanon Race Car Show
Lebanon Valley Expo Center & Fairgrounds
717-866-5456
Mar. 6 PA Yorkshire Sale
Lebanon Valley Expo Center & Fairgrounds
814-355-1647
Mar. 9 Journey of Julianne
presented by Friends of Cornwall Iron Furnace
with guest speaker Alice Spayd.
7:00 PM at Freeman Auditorium of the Cornwall Manor
www.cornwallironfurnace.org
Mar. 9-10 Keystone Vet Products Wholesale Buying Show
Lebanon Valley Expo Center & Fairgrounds
Invitation Only
717-626-5660
Mar. 13 Dinner Theatre “The Chameleon”
The Lantern Lodge Restaurant
Doors Open at 6:30 PM with Cash Bar
Dinner and Show at 7:00 PM - $40.00 per person
Reservations Required: 866-9345 or 866-6536
Mar. 13 Central PA Aeromodelers Show
Lebanon Valley Expo Center & Fairgrounds
717-258-8566
www.cpaa.us
Mar. 19-20 Youth for Christ Bids for Kids
Lebanon Valley Expo Center & Fairgrounds
717-272-5106
info@lvyfc.com
www.lvyfc.com
Mar. 23-27 Lebanon County Builders Show
Lebanon Valley Expo Center & Fairgrounds
717-272-6252
www.lebcobuilders.com
Events Listing from: http://www.visitlebanoncounty.com
Housing in 2010
I’m a reader of several blogs. Several days ago I read Brian Flook’s comments on what he heard at this year’s International Builder’s Show. Here are two items that stand out for me:
At this year’s show, for the first time in several years, the NAHB Economists are finally telling us that the housing recession has hit bottom.
The opportunity to purchase a new home is still incredible with interest rates low and prices at incredible lows as well. This is really a buyer’s market, so don’t miss the chance.
I want to reiterate Brian Flook’s words, “don’t miss the chance.”
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Mar. 5 Mortgage Rates
Mortgage America’s Andy Dautrich has provided our weekly chart for area mortgage rates. If you’re needing mortgage advice, do yourself a favor and give Andy a call at 877-849-0500. He’ll also show you how you can purchase a quality, affordable Kreiser Construction new home. Now is the time to act in order to take advantage of the Federal Housing Tax Credit.
Live in a Kreiser Construction Development
Myerstown – The Gables at Jackson
Jonestown – The Village of Twin Creeks
Jonestown – Blue Mountain View Estates
Lebanon – Greystone Crossing – Website Coming Soon
TAGS: andy dautrich, blue mountain view estates, compare fixed rate mortgage rates, fixed mortgage rates, greystone crossing, Jonestown, Lebanon County, lebanon pa, Mortgage Rates, Myerstown, new home developments, pa mortgage, pa mortgage rates, twin creeks
Mortgage Rates
Feb. 25 Mortgage Rates
Mortgage America’s Andy Dautrich has provided our weekly chart for area mortgage rates. If you’re needing mortgage advice, do yourself a favor and give Andy a call at 877-849-0500. He’ll also show you how you can purchase a quality, affordable Kreiser Construction new home. Now is the time to act in order to take advantage of the Federal Housing Tax Credit.
Live in a Kreiser Construction Development
Myerstown – The Gables at Jackson
Jonestown – The Village of Twin Creeks
Jonestown – Blue Mountain View Estates
Lebanon – Greystone Crossing – Website Coming Soon
TAGS: andy dautrich, blue mountain view estates, compare fixed rate mortgage rates, fixed mortgage rates, greystone crossing, Jonestown, Lebanon County, lebanon pa, Mortgage Rates, Myerstown, new home developments, pa mortgage, pa mortgage rates, twin creeks
Mortgage Rates




