CityLIFT down payment assistance program still has funds left to help Philadelphia home buyers with their down payment.
This program is back for a very limited time. There are only 12 lenders in the nation that can offer this product.
- $15,000 in down payment assistance to eligible home buyers purchasing in Philadelphia
- Must occupy as a primary residence
- Must meet income requirements for the county
- Does NOT have to be a first time home buyer but can not own a residence at the time of purchase
- Single family / 2-4 units / condos
- Grant can be used with FHA, FHA 23cK, PHFA, Conventional, and VA loans
- 0% interest grant that is forgivable at 20% a year over a 5 year time period
- Must take an 8 hour home buyer education class (online or in person)
- Borrower must have a first mortgage approved with a CityLIFT lender.
The grants are given on a first come, first served basis.
Contact us and we will help you navigate the process.