Homeowners' Equity Recovery
Opportunity Loan Program (HERO)
Opportunity Loan Program (HERO)
| Housing Partnership of Chester County |
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| Explore the Housing Partnership |
| Learn about our programs |
New from the Pennsylvania Housing Finance Agency:
HERO is a loan program designed to improve the financial situation of Pennsylvanians who are not able to
afford their current mortgage payments. The HERO program provides for up to 100 percent financing but,
instead of refinancing your current mortgage into a new loan, PHFA purchases your loan directly from your
current lender and then sets you up on an affordable repayment agreement. This program is for borrowers
not eligible for other mortgage refinance products available in the general market due to credit issues or owing
more than your home's current appraised value.
HERO is a loan program designed to improve the financial situation of Pennsylvanians who are not able to
afford their current mortgage payments. The HERO program provides for up to 100 percent financing but,
instead of refinancing your current mortgage into a new loan, PHFA purchases your loan directly from your
current lender and then sets you up on an affordable repayment agreement. This program is for borrowers
not eligible for other mortgage refinance products available in the general market due to credit issues or owing
more than your home's current appraised value.
| For more information, visit www.phfa.org Click on the link below to download an application. |
Are you losing your home due to...
Foreclosure, a High Interest Rate, a Changing Interest Rate or Payment?
Foreclosure, a High Interest Rate, a Changing Interest Rate or Payment?
| H.A.R.P. Homeowners Assistance Rescue Project "Help Save Your Home" |
WARNING:
Look to...