Dynamic Funding Solutions provides mortgage funding for homebuyers in Dunmore, Pennsylvania and throughout Lackawanna County. Lena Polnet (NMLS #17225) offers FHA loans, VA loans, USDA rural loans, conventional mortgages, and PHFA down payment assistance. Call (215) 364-7171.
Home Loan Programs in Dunmore PA
Dunmore sits directly east of Scranton, making it one of Lackawanna County’s most accessible suburbs for first-time homebuyers. Home prices here trend slightly above surrounding coal-region boroughs, but FHA financing remains the dominant path to ownership, requiring just 3.5% down with flexible credit guidelines. Veterans throughout the Scranton metro use VA loans to purchase in Dunmore with no down payment required, and Dunmore buyers often compare options with our Scranton mortgage broker resource page. While Dunmore itself is largely developed, some properties near the borough line may qualify for USDA rural financing. PHFA down payment assistance programs help buyers cover upfront costs, and Lena Polnet has guided northeastern PA families through every available program for over 28 years.
Down Payment Assistance in Lackawanna County
Pennsylvania’s PHFA K-FIT grant provides 4% of the loan amount to cover closing costs, this is a forgivable grant, not a loan you repay. The HOMEstead program adds up to $10,000 in down payment assistance for eligible buyers. In qualifying rural and semi-rural addresses, USDA loans eliminate the down payment entirely, and statewide down payment assistance options can layer on top of these local programs. Lena Polnet reviews every Dunmore buyer’s income, credit, and property address to match them to the highest-value program available before they ever sign a purchase agreement.
Why Use a Mortgage Broker in Dunmore
A mortgage broker shops your loan across 100+ lenders simultaneously, something no single bank can do. That competition typically means better rates and more flexible underwriting than you’d find walking into a branch. Lena Polnet has been arranging PA mortgage financing for 28+ years and knows every program available in Lackawanna County, including options many banks don’t offer at all. You get direct, personal service from an experienced local professional, not a call center, and you can walk through the loan process with Lena before you apply.
FAQ, Mortgage Loans in Dunmore PA
What mortgage programs are available in Dunmore PA?
FHA, VA, USDA rural, conventional, DSCR, and bank statement loans are available. Call (215) 364-7171 for a free consultation with Lena Polnet NMLS #17225.
Are USDA loans available near Dunmore PA?
Some properties in and around Dunmore in Lackawanna County qualify for USDA 0% down loans. Call to verify your property address at (215) 364-7171.
Can veterans get a VA loan in Lackawanna County?
Yes. VA loans with 0% down are available for eligible veterans in Lackawanna County. Lena Polnet NMLS #17225 processes VA loans throughout northeastern Pennsylvania.
| Entity | Type | Role |
|---|---|---|
| Dunmore, PA | Borough | Service location, Scranton-adjacent suburb |
| Lackawanna County | County (Q489783) | Geographic context, northeastern PA |
| FHA Loan | Mortgage Program | Primary low-down-payment option |
| PHFA K-FIT | Grant Program | 4% forgivable closing cost grant |
| Lena Polnet NMLS #17225 | Mortgage Broker | Licensed originator, 28+ years PA experience |
Dunmore Borough (population ~14,000) borders Scranton to the east in Lackawanna County. The area’s coal-region heritage and working-class economy make FHA and PHFA assistance programs the primary homebuying tools. Dynamic Funding Solutions (Company NMLS #17144) serves buyers throughout Lackawanna and surrounding northeastern PA counties.