The Dauphin County First Time Home Buyer program offers qualified first-time home purchasers up to $3,000 in down payment and closing-cost assistance. The aid program is a no-interest, no-payment second mortgage.

Repayment of loan

When a homeowner sells their home, the second mortgage must be repaid, and the loan's original principal amount is due and refunded in full upon this sale. If the homeowner refinances, the original Dauphin County mortgage may be subordinated to the new first mortgage.

Income limits:

Household income cannot exceed 80% of the Dauphin County median income, depending on family size (i.e., 2, 3, or 4 occupants of the home).

First Time Home Buyer Requirement

The applicant must be a First Time Home Buyer or not have owned a home within the last three years.

Buyer contribution

The home buyer must contribute a minimum of 3% of the lesser of the purchase price or the appraised value of $1,000. (whichever is less) from the applicant's assets.

Asset limitation

At the time of settlement, the buyer's liquid assets may not exceed $5,000.00.

Maximum price - $166,250

Additional Requirements:

The applicant must need a second or subordinated mortgage to finance the house. Still, the amount of assistance must not exceed the maximum second or subordinated mortgage amount of $3,000 unless acquired via the PHFA's Closing-Cost Assistance Program.

The candidate must attend the home-buying workshop.

Credit counseling & First Time Home Buyer Classes in Dauphin County PA

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