HOMEstead Down payment and Closing Cost Assistance Loan Program
HOMEstead Down payment and Closing Cost Assistance Loan Program This Pennsylvania down payment program offers an interest free second mortgage toward your Pennsylvania down payment and/or closing costs. The minimum loan amount is $1,000. The maximum is $10,000. This loan will be forgiven at a pace of 20 percent per year for five years. After that, the loan need not be repaid. A 1 percent fee that the program charges can be financed by the HOMEstead loan.