Are you dreaming of a home makeover but worried about the costs? The Pennsylvania Housing Finance Agency (PHFA) offers the HomeStyle® Renovation program. This financing option allows homeowners to fund renovations with the same mortgage used to purchase their home, making it easier to achieve your dream space. At YD Home, we’re here to help you navigate this program.
From a kitchen remodel to a bathroom upgrade, this program provides funds for repairs without the need for a secondary loan payment.
Who is Eligible?
This program is open to homebuyers or homeowners who meet the qualifying requirements for the HFA Preferred™ program. Applicants must also meet applicable PHFA program guidelines.
How Much Money Can Be Used for Renovations?
The HomeStyle Renovation Program provides funds up to 75% of the completed appraised value of the home.
How Can HomeStyle Be Used?
Eligible repairs or improvements include, but are not limited to:
- Roof repair and replacement
- Heating/air conditioning system installations
- Kitchen and bathroom remodels
- Plumbing or electrical upgrades
How Can I Apply?
Visit www.PHFA.org to find a participating lender in your area and see if you qualify for the HomeStyle Renovation program.
Additional Resources
For more information about the HomeStyle® Renovation program, visit the following resources:
Learn more at PHFA.org
The HomeStyle® Renovation program is a fantastic opportunity for homeowners in Pennsylvania looking to upgrade their spaces. With YD Home’s selection of high-quality products and expert installation, you can transform your home into the space you’ve always wanted.