Purchasing - First-Time Home Buyer (page II)

 

3) Are you a 3-person household? If not, jump down to question #4.

If so, continue - is your gross, combine annual income below $57,550?

YES -- Do your wish to purchase in a US Dep't of Agriculture-defined "rural area"? This would be loosely defined as southern, western, and northern Chester County, practically all of Lancaster County except for the city of Lancaster and south to the Maryland border, the western fringes of Montgomery County, and practically all of Bucks and Berks Counties. PMC has the USDA provided maps if you wish us to look up a particular town.

YES -- click here to go to the Guaranteed Rural Housing Program page.

NO -- Is your income below $52,900?

YES -- you qualify for version #2 of the Community Home Buyers Program; click here to go to the Community Home Buyers Program page.

NO -- you qualify for version #1 of the Community Home Buyers Program; click here to go to the Community Home Buyers Program page.

NO -- Is your income below $60,835?

YES -- you qualify for version #1 of the Community Home Buyers Program; click here to go to the Community Home Buyers Program page.

NO -- you do not qualify for any special first-time home buyer financing. We suggest that you get thoroughly prequalified to determine how much you can afford. Click here to go to the prequalification page.

4) Are you a 4-person household? If not, jump to question #5

If so, continue - is your gross, combined annual income below $63,950?

YES -- Do your wish to purchase in a US Dep't of Agriculture-defined "rural area"? This would be loosely defined as southern, western, and northern Chester County, practically all of Lancaster County except for the city of Lancaster and south to the border, the western fringes of Montgomery County, and practically all of Bucks and Berks Counties. PMC has the USDA provided maps if you wish us to look up a particular town.

YES -- click here to go to the Guaranteed Rural Housing Program page.

NO -- Is your income less than $52,900?

YES -- you qualify for all versions of the Community Home Buyers Program; click here to go to the Community Home Buyers Program page.

NO -- you qualify for version #1 of the Community Home Buyers Program click here to go to the Community Home Buyers Program page.

NO -- You do not qualify for any special first-time home buyer financing. We suggest that you get thoroughly prequalified to determine how much you can afford. Click here to go to the prequalification page.

5) For a 5 or more person household, we suggest that you contact our office at the address or phone numbers listed below to get the maximum income figures for the county in which you wish to purchase.

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