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CLOSING COST CALCULATOR

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Delaware County First Time Home Buyer Program

Nice house with sold signDown payment and closing cost assistance

If you’re buying a home in Delaware County, you’re in luck! The Delaware County Homeownership First Program provides home buyer counseling and up to $5,000 in down payment and closing costs assistance to qualifying first time homebuyers

The down payment and closing cost assistance grant is a 0% interest loan that is only repayable upon sale or transfer of the property. Borrowers will be evaluated based upon income, credit history, and available assets. The total assistance loan will not exceed $5,000. The down payment assistance is limited to an amount equal to 2% of the sales price of the home. Any excess funds will be applied to eligible closing costs if needed.


Homes must be purchased in the following communities:
Aston Township, Bethel Township, Brookhaven Borough, Chadds Ford Township, Chester Heights Borough, Concord Township, Edgmont Township, Marple Township, Media Borough, Middletown Township, Nether Providence Township, Newtown Township, Radnor Township, Rose Valley Borough, Springfield Township, Swarthmore Borough, Thornbury Township, Upper Chichester Township, and Upper Providence Township

Eligible Properties include single family houses (detached, twin, rowhouse, townhouse or condominium) which are in compliance with Delaware County housing quality standards.

Special conditions apply to renter occupied properties, duplexes and properties that are located in and pay property taxes to Chester City, Haverford Township or Upper Darby Township.

Check markApplicants must be must be 18 years of age or older, and have not owned property (or had a deed in your name) for three (3) years prior to the date of application. Displaced homemakers may also qualify.

Check markHome buyers must contribute at least $1,000 towards the purchase of the home.

Household income must be at or below 80% of the median family income for Delaware County. See income limit chart

Young couple with childrenProspective home buyers may not sign a sales agreement for any property prior to undergoing group and individual counseling. Home buyer education and counseling includes eight (8) hours of group homeownership counseling and a minimum of one individual counseling. A Certificate of Achievement will be issued to the applicant after the prospective home buyer(s) successfully completes all items listed in their Action Plan.

Applicants are required to obtain a first mortgage from a reputable lender. First mortgages must be 30 year fixed, at or below market interest rate, with at least a 5% down payment.

The maximum sales price is $218,000

Credit Counseling & First Time Home Buyer Classes in Delaware County PA