Finance
Pennsylvania's PHFA loan programs generally require borrowers to be:
AFirst-time homebuyers only
BMeeting income and purchase price limits, though some programs are available to repeat buyers✓ Correct
CActive military or veterans
DOnly Pennsylvania residents born in the state
Explanation
PHFA programs generally have income and purchase price limits to target assistance to moderate-income buyers. While many PHFA programs focus on first-time buyers, some programs (like Keystone Home Loan for certain targeted areas) are available to qualified repeat buyers as well.
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