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Call now for current rates.
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| Conventional 30 year |
| Conventional 15 year |
| FHA |
| VA |
| PHFA (Pennsylvania Housing Finance Agency) First time homebuyer standard program |
| PHFA Low Income Program (Keystone Home Loan Plus Program) |
| Commercial Mortgages |
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Conventional 30 year
Loan Limits:
1 unit $359,650. 2 unit $460,400.
3 unit $556,500. 4 unit $691,600.
Loans available to higher amounts with JUMBO pricing
1-4 units, owner and non-owner occupied
Term: 30 years
Maximum Amount: $359,650
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Conventional 15 year
Loan Limits:
1 unit $359,650. 3 unit $556,500.
2 units $460,400. 4 unit $691,600.
Higher loan limits available with JUMBO pricing
Term: 15 years
Maximum Amount: $359,650
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FHA
LOAN LIMITS:
1 unit $172,632 3 unit $267,120.
2 unit $220,992. 4 unit $331,968.
15 year term is also available
Term: 30 years
Maximum Amount: $172,632
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VA
VA loan limit is $333,700.
Higher loans are available with small downpayments. Contract a mortgage specialist for additional information.
15 year term is also available
Term: 30 years
Maximum Amount: $333,700
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PHFA (Pennsylvania Housing Finance Agency) First time homebuyer standard program
Erie county purchase price limits for standard program:
Existing Home: $150,000. New/Proposed Home: $185,000.
Erie county income limits for standard program:
1-2 member household: $57,000. 3 & more member household: $65,000.
FHA/VA/Conventional financing is available
Term: 30 years
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PHFA Low Income Program (Keystone Home Loan Plus Program)
Purchase price limits for Erie County:
Existing Home: $150,000. New/Proposed Home: $185,000.
Income Limits:
1-2 member household: $57,000. 3 or more member household: $65,000.
$2,500. cost assistance available to qualified buyers
FHA/VA/Conventional Financing Available
Term: 30 years
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Commercial Mortgages
$100,000 to $5,000,000.
Stated Income, Stated Asset loans available.
Maximum Amount: $5,000,000
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Unless otherwise indicated, these APR calculations are based on the following: Conforming loans (whose maximum loan amount is below $417,000 for the contiguous states, District of Columbia, and Puerto Rico or below $625,500 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $359,650 with closing costs of $7,193. Jumbo Loans (whose maximum loan amount exceed $417,000 for the contiguous states, District of Columbia, and Puerto Rico or exceed $625,500 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $1,000,000 with closing costs of $20,000. Your actual APR may be different depending upon these factors.
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