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Quaint Oak Mortgage Philadelphia First Home Grant

Philadelphia First Time Homebuyers

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What to know:

  • Recipients must be a first-time homebuyer or a buyer who has not owned a home for at least three years
  • Be a resident of the City of Philadelphia for three years and must purchase a home in Philadelphia
  • Housing counseling at a DHCD funded housing counseling agency is required
  • Borrowers MUST apply for funds before entering an agreement of sale
  • Lien will be forgiven after 15 years, and in interim will become a lien on the first mortgage
  • Income eligibility requirements apply & are displayed below

The program can be used with FHA, Conventional, and VA loans. Funds are limited.

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Philly announces first time homebuyer assistance program!

The City of Philadelphia's Division of Housing and Community Development recently announced a program aiding first time home-buyers with up to $10,000 towards closing costs!

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Income guidelines by household size

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Three Ways to Apply

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1

Find your Quaint Oak Mortgage Banker and let them guide you through the process.

2

Visit one of our office locations to speak with a Mortgage Banker about the mortgage process and ask about the Philly First Home Program.

3

Apply Online

For additional information on this program, please click here.

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FAIR LENDER     |     FAIR HOUSING

QUAINT OAK MORTGAGE, LLC. |  Equal Housing Lender | QOM NMLS 211466 
All loans subject to approval. © 2020 | All Rights Reserved

1710 Union Boulevard, Allentown, Pennsylvania 18109

610.351.9970  |   Mortgage@QuaintOak.com

FAIR LENDER     |     FAIR HOUSING

QUAINT OAK MORTGAGE, LLC. |  Equal Housing Lender | QOM NMLS 211466 
All loans subject to approval. © 2020 | All Rights Reserved