The keystone advantage assistance loan is a mortgage product offered by Keystone that can be used to raise funds for the down payment and closing costs needed to purchase a new home.
Keystone Advantage Assistance Loan
If you have employees who are struggling to make ends meet with too much debt, you can help them out by applying for a Keystone Advantage Assistance Loan. This loan can be used to decrease the balance of their credit card, pay down an existing loan or pay off an installment loan like a car payment. The loan has no interest and is always offered at 0% APR, making it a good option for your employees.
The Keystone Advantage Assistance Loan is an FHA loan option that is not available to everyone. Typically loans of this type are called a bridging loan because they help bridge the gap between what you can afford and what the lender can approve.
The funds can be used to purchase the home in full or down payment and closing costs
Many homeowners are under the impression that the only way to finance their home purchase is a down payment and closing costs. The reality is that there are many different financing options available for purchasing your dream home, such as keystone advantage assistance loans.
The Keystone Advantage Assistance Loan is a loan that is made available to the first time home buyer. This type of loan offers the advantage of being an interest-free loan, with no monthly payments required and a low down payment.
The down payment amount is determined by the purchase price, but cannot exceed 5% or $3,000 of the total loan amount
A loan from Keystone Advantage Assistance Loans is great for people who already have a home and want to refinance it. This loan is only available in certain areas of the country. The exact area will be determined by where you live and which lender you go through.
Keystone Advantage Assistance Loans are designed to help people with limited incomes or resources buy a home. With an income below $40,000 and/or liquid assets of less than $10,000, these loans can offer homeownership opportunities. It’s very important to ensure you have enough income or liquid assets to cover the down payment amount as well as the monthly mortgage payments for the loan term.
The keystone advantage assistance loan is a financing option for buyers who need to raise funds for a down payment and closing costs
The keystone advantage assistance loan is available to buyers with a credit score below 620. The maximum amount for the loan is 80 percent of the purchase price, up to $50,000. Buyers can borrow up to 80% of the loan amount from their mortgage company and/or other lenders.
The keystone advantage assistance loan is a financing option for buyers who need to raise funds for a down payment and closing costs, then repay monthly over an extended term. This program can be used for either purchase or refinance purposes and is available through the Keystone County Housing Authority.
A mortgage product offered by Keystone that can be used to raise funds for outlays
If you need a loan to buy a home or refinance, the Keystone Advantage Assistance Loan can help. With this mortgage product, you’ll get up to 3.25% interest and your loan will be extended for five years. This product is available nationwide and can be applied for online.
The Keystone Advantage Assistance Mortgage provides an option for recent homebuyers in the US who are looking to take care of a large purchase with a smaller amount.