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Homebuyer Programs in Lebanon, PA (2026)

Last updated April 1, 2026 | Population: 26,500 | Median home price: $200,000 | Est. closing costs: $4,000 - $6,000

Skyline of Lebanon, PA

Lebanon is the county seat of Lebanon County in south-central Pennsylvania, situated between Harrisburg and Reading in the fertile Lebanon Valley. With a median home price around $200,000, Lebanon offers affordable homeownership with strong community roots. The Lebanon County First-Time Homebuyer Program, administered by the Lebanon County Redevelopment Authority, provides up to $25,000 in gap funding for down payment and closing costs through HOME Investment Partnership funds. At the state level, the PHFA K-FIT program offers up to 5% of the purchase price as a forgivable loan, and the HOMEstead program adds up to $10,000 more. Lancaster Lebanon Habitat for Humanity also offers affordable homeownership opportunities with zero-interest mortgages for qualifying families. By combining county and state programs, Lebanon buyers could potentially access over $35,000 in assistance.

Top Homebuyer Programs in Lebanon

Lebanon County First-Time Homebuyer Program
Type:
Forgivable Loan
Amount:
Up to $25,000
First-time only:
Yes
FHA Loans
Type:
Government-Insured Mortgage
Amount:
Up to FHA county loan limits ($541,287 floor to $1,249,125 ceiling for single-family in 2026)
First-time only:
No
FHLBA Community Partners Product
Type:
Forgivable Loan
Amount:
Up to $20,000 in home purchase assistance for down payment and closing costs
First-time only:
No
FHLBA First Time Homebuyer Product
Type:
Forgivable Loan
Amount:
Up to $17,500 in home purchase assistance for down payment and closing costs
First-time only:
Yes
FHLBA Workforce Housing Plus+
Type:
Forgivable Loan
Amount:
Up to $15,000 in home purchase assistance for down payment and closing costs
First-time only:
No
Good Neighbor Next Door (HUD)
Type:
Government Property Sale Program
Amount:
50% discount off the list price of HUD-owned homes
First-time only:
Yes
Home Possible Mortgage (Freddie Mac)
Type:
Government-Guaranteed Mortgage
Amount:
Up to conforming loan limits ($832,750 standard / $1,249,125 high-cost in 2026); 3% minimum down payment
First-time only:
No
HomeReady Mortgage (Fannie Mae)
Type:
Government-Guaranteed Mortgage
Amount:
Up to conforming loan limits ($832,750 standard / $1,249,125 high-cost in 2026); 3% minimum down payment
First-time only:
No
HUD $100 Down Program
Type:
FHA-Financed HUD REO Purchase
Amount:
Only $100 down payment required (vs. standard 3.5% FHA down payment). HUD may also pay up to 3% of buyer's closing costs.
First-time only:
No
USDA Rural Development Loans
Type:
Government-Guaranteed Mortgage
Amount:
100% financing (no down payment required); loan amount up to appraised value
First-time only:
No
VA Loans
Type:
Government-Guaranteed Mortgage
Amount:
No loan limit for veterans with full entitlement (0% down at any price); partial entitlement subject to conforming limits ($832,750 standard in 2026)
First-time only:
No
Lancaster Lebanon Habitat for Humanity Homeownership Program
Type:
Zero-Interest Loan
Amount:
Affordable zero-interest mortgage on a Habitat-built or renovated home sold at cost
First-time only:
Yes
NACA Purchase Program
Type:
Zero-Interest Loan
Amount:
No down payment, no closing costs, no PMI, no fees, and below-market fixed interest rate
First-time only:
No
PHFA HFA Preferred Grant
Type:
Grant
Amount:
$500
First-time only:
No
PHFA HOMEstead Program
Type:
Forgivable Loan
Amount:
Up to $10,000
First-time only:
Yes
PHFA Keystone Advantage Assistance Loan
Type:
Zero-Interest Loan
Amount:
Up to 4% of purchase price or market value, or $6,000, whichever is less
First-time only:
No
PHFA Keystone Forgivable in Ten Years (K-FIT)
Type:
Forgivable Loan
Amount:
5% of the lesser of the purchase price or appraised value
First-time only:
No

How to Apply

  1. Step 1:

    Check your eligibility. The Lebanon County First-Time Homebuyer Program requires household income at or below 80% of the area median income. For a two-person household, that is approximately $48,800 per year. You must be a first-time homebuyer.

  2. Step 2:

    Contact the Lebanon County Redevelopment Authority. Call (717) 274-1401 ext. 134 to learn about the First-Time Homebuyer Program and begin the application process. The program can provide up to $25,000 in gap funding for down payment and closing costs.

  3. Step 3:

    Complete homebuyer education. The City of Lebanon offers Homebuyer 101 Classes available in English and Spanish. PHFA state programs also require a HUD-approved homebuyer education course, available online through eHome America or Framework.

  4. Step 4:

    Get pre-approved for a mortgage. Connect with a PHFA-approved lender to access state programs like K-FIT and HOMEstead. The county program works with your primary mortgage to close the gap between your loan amount and the purchase price.

  5. Step 5:

    Find a home in Lebanon County. Your home must be in Lebanon County for the county program. Confirm purchase price limits with the Redevelopment Authority and your lender.

  6. Step 6:

    Submit your applications and close. Work with the Redevelopment Authority and your lender to coordinate program timelines and submit all required documentation.

Frequently Asked Questions

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