PHFA Announces New Closing-Cost Assistance Loan For Buyers of New Homes
If the already low mortgage rates, steadily climbing rent costs, and improving local economy weren’t enough to convince you now is the time to buy a new home–we’ve got the latest offer from the Pennsylvania Housing Finance Agency that will make taking the step towards buying your new home simply irresistible.
The PHFA announced a new financial incentive program that provides generous closing-cost assistance to buyers of newly constructed homes. Buyers of new construction can apply for a closing-cost assistance loan of up to $6,000.
Yes–you read that correct! And all of our Charter neighborhoods and timelessly designed floorplans are eligible for this amazing closing cost inventive! Don’t have time to build? We have a spectacular selection of gorgeous homes ready now for you to choose from.
According to the PHFA, this incentive will provide an affordable mortgage option to new home buyers, and a spark to the state’s housing industry. According to PHFA Executive Director and CEO Brian A. Hudson Sr. “We all will benefit from more activity in the state’s residential construction sector, since it will produce a positive ripple effect throughout our communities. Homebuyers today are looking at one of the best housing markets in decades, with low interest rates and high inventory from which to choose.”
This new incentive brings home ownership within reach for many home buyers in our communities. Charter Homes & Neighborhoods offers newly constructed single family and town homes eligible for this incentive in the Lancaster, York, and Harrisburg areas. Click here for an interactive map of our neighborhoods.
Just another reason to purchase a newly constructed home in addition to energy efficiency, modern conveniences and endless possibilities.
For more information on Charter Homes neighborhoods, all of which are eligible for the $6,000 incentive, visit www.charterhomes.com, or call 800-325-3030.