For a home purchase in Philadelphia
Philly First Home requires completion of city-funded housing counseling before signing the agreement of sale. Start that step early instead of leaving it until the mortgage application is underway.
The program has specific eligible-property rules and repayment conditions if the buyer moves or refinances during the required period. Check the current rules for the property type and planned ownership timeline.
City of Philadelphia: Buy Your First Home
The public agency sets eligibility, funding and application rules. This resource is not a Mortgage Boutique partner or a promise of assistance.
Put the monthly cost in context.
Check taxes for the actual property, obtain an insurance estimate, and review association charges or assessments where relevant. A nearby property’s payment is not a reliable substitute for your own costs. Build a budget for maintenance and reserves as well as the loan payment.
Model the monthly paymentPlanning a commercial property?
Separate the address, intended use and borrowing purpose from the homebuyer resources above. A city home-purchase program is not a commercial financing program. Prepare the property’s income and expense picture, occupancy, equity, intended amortization and maturity, then ask an appropriate professional which financing path fits.
Explore the commercial pathFind a professional you can verify.
Check the provider’s business identity, applicable state authorization and secure application channel. Mortgage Boutique does not currently offer verified broker introductions in Philadelphia. Use this guide to prepare your questions and independently evaluate providers.