TD Bank

TD Right Step
Credit Minimum: 620
Minimum Down Payment: 3% – $500 min OOP
Other Benefits: Lender Paid MI
Housing Choice Voucher Accepted: Yes

TD Home Access Mortgage
Credit Minimum: 620
Minimum Down Payment: 3% – $500 min OOP
Other Benefits: Lender Paid MI
Down payment assistance/Grant: $10,000 Lender Credit
(dpa, buydown rate, loan buydown)
Other Benefits: Lender Paid MI
Housing Choice Voucher Accepted: Yes

FNMA Home Ready
Credit Minimum: 620
Minimum Down Payment: 3% – No required OOP
Housing Choice Voucher Accepted: Yes

FHA
Credit Minimum: 620
Minimum Down Payment: 3,5% – No required OOP
Housing Choice Voucher Accepted: Yes

Contact:

Irv Brockington
215-526-8044
irvin.brockington@td.com

Patrick Nicholson
201-574-1713
patrick.nicholson@td.com

Vanessa Owens
443-939-4870
vanessa.owens@td.com

Citizens Bank

Citizens Destination Home Mortgage
Credit Minimum: 640
Minimum Down Payment: 3%
Down payment Assistance/Grant: Down Payment Assistance available
Other Benefits: No MI, LMI tract / borrower required, Flexible underwriting, including non-traditional credit, manual underwriting, student loan repayment plans
Housing Choice Voucher Accepted: Yes

Fannie Mae HomeReady
Credit Minimum: 620
Minimum Down Payment: 3%
Down payment Assistance/Grant: Down Payment Assistance available
Other Benefits: Flexible underwriting, including manual underwriting
Housing Choice Voucher Accepted: Yes

Fannie Mae HomeReady SPCP
Credit Minimum: 620
Minimum Down Payment: 3%
Down payment Assistance/Grant: Down payment assistance/Grant Closing Cost/Down Payment Assistance up to $10k
Other Benefits: Appraisal credit of $500, 1 year Home Warranty lender credit, Flexible underwriting including non-traditional credit
Housing Choice Voucher Accepted: Yes

Fannie Mae Conventional
Credit Minimum: 620
Minimum Down Payment: 3%
Down payment Assistance/Grant: Down Payment Assistance available
Other Benefits: Flexible underwriting, including manual underwriting
Housing Choice Voucher Accepted: Yes

FHA
Credit Minimum: 620-640
Minimum Down Payment: 3-5%
Down payment Assistance/Grant: Down Payment Assistance available
Other Benefits: Flexible underwriting, including manual underwriting
Housing Choice Voucher Accepted: Yes

Contact:
Deborah Mason
Deborah.mason@citizensbank.com
215-209-9483

Harry Pecci
Harry.pecci@citizensbank.com
215-512-3048

WSFS

Neighborhood Opportunity Program
Credit Minimum: 620
Minimum Down Payment: 3%
Down payment Assistance/Grant: Up to $10k DPA and/or closing cost
Other Benefits: 6% seller assist depending on LTV, no PMI, will not be sold

Down Payment Grant Program
Credit Minimum: 620
Minimum Down Payment: 80%
Down payment Assistance/Grant: Up to $10k DPA grant and/or closing cost
Other Benefits: 6% seller assist depending on down payment
AMI 80%

Contact:

Joe Hallinan
610-613-9524
Joseph.Hallinan@wsfsmortgage.com

J Christopher Flynn
610-812-4505
J.Flynn@wsfsmortgage.com

Peter Gorman
267-473-1955
pgorman@wsfsmortgage.com

Customers Bank

Conventional
Credit Minimum: 620
Minimum Down Payment: 5%
Housing Choice Voucher Accepted: Yes

Conventional
Credit Minimum: 680
Minimum Down Payment: 0%
Other Benefits: 100% financing and no MI for LMI
census tract
Housing Choice Voucher Accepted: Yes

Contact:

Rosa Hernandez
484-500-4710
rhernandez@customersbank.com

Allied Mortgage

Conventional
Credit Minimum: 620

FHA
Credit Minimum: 580

Contact:

Wendy Monaco
877-488-2745
Wendy@alliedmg.com

NFM

Conventional
Credit Minimum: 620
Minimum Down Payment: 3%
Other Benefits: Available 7 days, Nights & Weekends

FHA
Credit Minimum: 500
Minimum Down Payment: 3,5%-10%
Other Benefits: 100% FHA Program Available

VA
Credit Minimum: 580
Other Benefits: Available 7 days, Nights & Weekends

Contact:

Joseph Tulino
215-669-9975
jtulino@nfmlending.com

Success Mortgage

Conventional
Credit Minimum: 620

FHA
Credit Minimum: 580

VA
Credit Minimum: 580

USDA
Credit Minimum: 600

Contact:

Hakim Singleton
267-337-3157
Hakim@singletonmortgage.com

Truist

Home Ready
Credit Minimum: 620
Minimum Down Payment: 5%
Down payment Assistance/Grant: 3% of the lessor of home sales price or appraised value up to $7,500 (Grant)
Other Benefits: Can be used towards closing costs, reserves, or pre-paids
Housing Choice Voucher Accepted: Yes

CHIP
Credit Minimum: 620
Minimum Down Payment: $500
Other Benefits: No MI for LMI census tract
Housing Choice Voucher Accepted: Yes

Community Partner (exhausted until 2024)
Credit Minimum: 620
Minimum Down Payment: $1,000
Down payment Assistance/Grant: up to $15,000 for DPA or closing costs
Housing Choice Voucher Accepted: Yes

FTHB (exhausted until 2024)
Credit Minimum: 620
Minimum Down Payment: $1,000
Down payment Assistance/Grant: up to $12,500 for DPA or closing costs
Housing Choice Voucher Accepted: Yes

Contact:

Chris Barlow
215-298-0744
Chris.Barlow@truist.com

Fulton Mortgage

Homebuyer Advantage Plus
Credit Minimum: 620
Minimum Down Payment: 3%
Other Benefits: 6% seller assistance, No PMI

Closing Cost Assistance Program
Credit Minimum: 620
Minimum Down Payment: 5%
Down payment Assistance/Grant: Up to $1000-$1500 towards Down Payment or Closing Cost

Contact:

Julius S. Sharpe, Jr.
267-780-2903 Ext. 11943

Chante’ Meares
267-780-2902
cmeares@fultonmortgagecompany.com

Prosperity Home Mortgage

Pathway to Prosperity
Grant program offering up to $10,000 per transaction to qualified applicants who are moving to or currently residing in an eligible area.
https://www.phmloans.com/pathway-to-prosperity

HomeBuyer Boost (First-Time Homebuyers)
Down payment assistance program offering a $5000 agency grant based on the location of your current residence.

BorrowSmart Access (First-Time Homebuyers)
Down payment assistance program offering $1500 agency grant based on the location of the primary purchase residence.

Contacts:
Pathway to Prosperity Consumer Team
Phone:  1-833-910-1259
Email: pathwaytoprosperity@prosperity-direct.com

Pam Russakoff
215-840-4676
pam.russakoff@phmloans.com

Camen Ely
Carmen.eley@phmloans.com
215-651-2396

Crystal Bell
Crystal.bell@phmloans.com
267-664-6333

Angie Alcalde
Angie.alcade@phmloans.com
215-834-4232

Milagros Crespo
Milagros.crespo@phmloans.com
856-993-4963

Antonio Vadillo
Antonio.vadillo@phmloans.com
267-524-8007

Bank of America

Contact:

Mike Morton
Community Lending Officer
NMLS ID:986818
215-398-7843
1501 Locust St.
Philadelphia PA, 19102

Ocean First

Neighbor First
Credit Minimum: 620
Max CLTV: 105%
Down payment Assistance/Grant: $6k grant
Other Benefits:1% interest rate discount, No PMI required, only cash requirement is the $595 application fee and a 1 year HOI premium

Contact:

Mark Tillman
856.669.9425
mtillman@oceanfirst.com

Penn Community

Conventional
Credit Minimum: None
Down payment Assistance/Grant: Possibility to buydown rate

Contact:

Jim Drinkwater
215-504-6590
jdrinkwater@penncommunitybank.com

Guaranteed Rate

Loan programs:

• Conventional- No MI options with as little as 3% down, minimum credit score 580-620
• FHA- Up to 6% seller’s assist allowed with 3.5% minimum down payment, minimum credit score 560
• VA- 0% down for Veterans, minimum credit score 550, no lender fees

 Affordable lending options:

• THE ONEDOWN program exclusively through Guaranteed Rate allows you to buy a home with as little as 1% down. This program offers a non-repayable grant of up to a total of $5,500 to be paired with conventional affordable loan program HomeReady.  Below market interest rate and reduced MI.  Minimum credit score 620.
• BORROWSMART ACCESS through Guaranteed Rate and Freddie Mac provides $3,000 in the form of a non-repayable grant for first time homebuyers.  Minimum credit score 620.
• SPCP HomeReady is available to homebuyers living in certain census tracts.  This grant offers a non-repayable grant up to $8,000 along with a $500 credit towards the appraisal fee.  Minimum credit score 620.
• Lakeview ZERO DOWN through Guaranteed Rate will offer up to a 5% down payment assistance loan when paired with a conventional mortgage.  No first time homebuyer requirement.  Minimum credit score 620.
• CHENOA FUND offers down payment assistance up to 4% of the sales price paired with FHA loan options.  No first time homebuyer requirement.  Minimum credit score 600.

Contact:

Jennifer Ashley
609-668-4493
jennifer.ashley@rate.com

CMG Home Loans

1.  Community ONE  
Get up to $6,000 towards purchase.  Use it towards closing costs, or to get a down payment as low as 1%, or to get a lower rate.
https://www.cmghomeloans.com/mysite/daniel-kemery/loan-programs/community-one-grant

2.     HomeFundIt   
The only online down payment gifting platform in the industry.  Anyone can help you with your down payment, with no offline paperwork, no taxes, or fees.  Get up to a $2000 match!
https://www.cmghomeloans.com/mysite/daniel-kemery/homefundit

3.     Rate Rebound
Worried about high rates?  We have a solution for that.  https://storage.googleapis.com/flyers-storage-prod/images/web_flyers_template/66856390c5d5820240703104328.pdf

4.     Programs with no PMI
– Offers lower mortgage payment
– Improved monthly cash flow

5.     Best Lender for First Time Homebuyers (Investopedia)
Why work with anyone else?
https://vimeo.com/733372055/a1794a1292

Contact:
Daniel Kemery
267-939-0867
dkemery@cmghomeloans.com