6 Best PHFA Mortgage Lenders of 2021
The Pennsylvania Housing Finance Agency — the PHFA — provides affordable housing to first-time and other buyers. Here are some top-rated participating lenders.
Many or all of the products featured here are from our partners who compensate us. This may influence which products we write about and where and how the product appears on a page. However, this does not influence our evaluations. Our opinions are our own. Here is a list of our partners and here's how we make money.
The Pennsylvania Housing Finance Agency, or PHFA, is a state-affiliated agency created to help provide affordable housing to first-time home buyers, low- and moderate-income families, seniors and others with special housing needs.
To access these programs, you’ll need to work with a participating lender. We researched PHFA’s four-page list of state-approved banks and mortgage companies and compiled a summary of lenders who rank among NerdWallet’s best-rated.
The Pennsylvania Housing Finance Agency, or PHFA, is a state-affiliated agency created to help provide affordable housing to first-time home buyers, low- and moderate-income families, seniors and others with special housing needs.
To access these programs, you’ll need to work with a participating lender. We researched PHFA’s four-page list of state-approved banks and mortgage companies and compiled a summary of lenders who rank among NerdWallet’s best-rated.
Best PHFA Mortgage Lenders
Lender | NerdWallet rating | Min. credit score | Min. down payment | Learn more |
---|---|---|---|---|
New American Funding: NMLS#6606 Learn more at New American Funding | Best for nonbank lender | 620 | 3% | Learn more at New American Funding |
![]() Guaranteed Rate: NMLS#2611 Learn more at Guaranteed Rate | Best for customer service | 620 | 3% | Learn more at Guaranteed Rate |
![]() loanDepot: NMLS#174457 | Best for nonbank lender | 620 | 5% | Read review |
![]() Fairway Independent Mortgage: NMLS#2289 Learn more at Fairway Independent Mortgage | Best for online capabilities | 620 | 3% | Learn more at Fairway Independent Mortgage |
![]() Homebridge: NMLS#6521 | Best for customer service | 620 | 3% | Read review |
![]() PrimeLending: NMLS#13649 | Best for borrowers with tight finances | 620 | 3% | Read review |
at New American Funding
New American Funding: NMLS#6606
Min. credit score
620Min. down payment
3%at New American Funding

at Guaranteed Rate
Guaranteed Rate: NMLS#2611

Min. credit score
620Min. down payment
3%at Guaranteed Rate
loanDepot: NMLS#174457

Min. credit score
620Min. down payment
5%
at Fairway Independent Mortgage
Fairway Independent Mortgage: NMLS#2289

Min. credit score
620Min. down payment
3%at Fairway Independent Mortgage
Homebridge: NMLS#6521

Min. credit score
620Min. down payment
3%PrimeLending: NMLS#13649

Min. credit score
620Min. down payment
3%More PHFA participating mortgage lenders
These are among the highest-volume PHFA-participating mortgage makers in Pennsylvania; however, they haven't been reviewed by NerdWallet.
Based in Devon, Pennsylvania, and serving the Delaware Valley since 1886.
Offers all government-backed mortgages.
Get pre-qualified in only a few minutes.
Earn an interest rate discount when you set up automatic monthly payments from your Citizens Bank checking account.
A dedicated loan officer guides you through the homebuying process.
Secure document exchange speeds the loan process.
Monitor and manage the loan process through a secure client portal.
Qualifying for a loan can begin with an online application that takes just 20 minutes to complete.
Based in Pittsburgh but with loan officers throughout the state.
More from NerdWallet
Last updated on March 19, 2021
Methodology
To recap our selections...
NerdWallet's Best PHFA Mortgage Lenders of 2021
- New American Funding: Best for nonbank lender
- Guaranteed Rate: Best for customer service
- loanDepot: Best for nonbank lender
- Fairway Independent Mortgage: Best for online capabilities
- Homebridge: Best for customer service
- PrimeLending: Best for borrowers with tight finances