Prospective Homebuyers Have Unequalled Opportunities Through Government’s Newly Revised PHFA Mortgage Program


Weichert® agency owner announces lower interest rates, lowered credit score requirements, down payment & closing cost assistance, and more

Milford, Pa — Realtor Donna Ruffino, owner of WEICHERT, REALTORS® – Ruffino Real Estate, asks the question, “How often have you heard that there’s never been a better time to buy?

“I’ve said it myself in the past, but this time is incredibly different from and superior to the others,” Ruffino said.  Homebuyers now have an opportunity to take advantage of the Pennsylvania Housing Finance Association’s lower interest rate of 3.25%.  In addition, closing costs and down payment assistance in the amount of $10,000 is available to qualified buyers.   “And there’s more good news from the PHFA,” Ruffino said.  “They have lowered the credit limit to a 580 credit score.”  This represents a “real breakthrough,” and opens the door for many people who were previously afraid even to consider owning a home.

First-time homebuyers (someone who has not owned a home in the last three years) are especially “sitting pretty,” Ruffino added, since special programs that feature low down payments, less income to qualify and options to finance closing costs and pre-paids are available.

The sales team at the Weichert® agency has up-to-the-minute information and is poised to help anyone, from first-timers to long-time homeowners who are aware of the benefits of home-ownership and now have this “once in a lifetime opportunity.”

The Weichert people are working with their local mortgage consultants to provide all the information buyers need to access the attractive rates today, along with such down payment programs for first-time buyers as 0-3.5%.

“Now is the time,” Ruffino said.  “We’re here to help.”

WEICHERT, REALTORS® – Ruffino Real Estate is located at 406 W. Harford Street, telephone 570-296-7570.