Top Down Payment Assistance & Grant Programs in Montgomery County, PA
1. Montgomery County First-Time Homebuyers Program
Assistance: Up to $10,000 or 10% of the home’s purchase price (whichever is less) for down payment and closing costs.
Who Qualifies:
First-time buyers (or not owned a home in the past 3 years).
Must live or work full-time in Montgomery County at the time of application and closing.
Household income must meet HUD’s moderate or median income guidelines (ex: for a family of four, income up to $119,400 in 2025).
Must complete a homebuyer counseling course and contribute at least 3% of the purchase price from personal funds.
Terms:
Zero-interest, forgivable loan if the home remains your primary residence for 15 years.
If you sell, rent, or move before then, you repay the grant.
2. PHFA/Keystone Home Loan & Keystone Advantage Assistance
Assistance: Up to $6,000 as a second loan for down payment and closing costs (other PHFA programs may offer grants and loans).
Who Qualifies:
Pennsylvania first-time buyers or those purchasing in targeted areas.
Meet credit, income, and education course requirements.
Use with FHA, VA, USDA, or conventional loans.
3. First Front Door (FFD) Program
Assistance: Get $3 for every $1 you contribute, up to $5,000 toward down payment and closing costs.
Who Qualifies:
First-time homebuyers, must meet income limits and complete approved counseling.
Must contribute at least $1,000 of your own funds.
4. Additional Local and Municipal Programs
Municipality of Norristown: Offers specific down payment help and first-time buyer grants for eligible residents. Contact local housing authorities for details.
Affordable Housing Centers and Nonprofits: May provide grants for qualified buyers or connect you with city/state options.
Common Qualifications Across Programs
Must use the property as your primary home.
Income must be at or below 80% of area median income (varies by family size).
Minimum personal investment (usually $1,000 to $3,000 from your personal savings).
Complete homebuyer education and counseling.
Credit and mortgage eligibility (conventional, FHA, VA, or USDA).
How the Shaina McAndrews Team Helps
We guide you through every qualification requirement, connect you with trusted local lenders who participate in these grant and assistance programs, and make sure no available funds are missed. Our team will help you gather the right documents, choose the best program for your needs, and confidently move toward homeownership—often for far less out of pocket than you expect.
Your first step is to talk to Shaina. She’ll map your eligibility, get you prequalified, and give you the edge in Montgomery County’s competitive market. If someone you care about is planning a purchase, we’re honored to help them too.
