Old Forge PA Mortgage Broker, FHA, VA & Home Loans in Lackawanna County
Dynamic Funding Solutions serves homebuyers in Old Forge, 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 Old Forge PA
Old Forge is a tight-knit borough in the heart of Lackawanna County, widely recognized as the “Pizza Capital of the World”, a tourism draw that supports a small but active local economy. For homebuyers, Old Forge offers affordable working-class housing stock well-suited to FHA financing, which requires only 3.5% down and accepts a wide credit range. Veterans in the Scranton metro area use VA loans to purchase here with zero down payment. Certain addresses on the borough’s edges may qualify for USDA rural financing. PHFA’s K-FIT and HOMEstead programs provide meaningful closing cost and down payment relief for income-eligible buyers. Lena Polnet has helped Lackawanna County families find the right loan 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. Lena Polnet reviews every Old Forge 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 Old Forge
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.
FAQ, Mortgage Loans in Old Forge PA
- What mortgage programs are available in Old Forge 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 Old Forge PA?
- Some properties in and around Old Forge 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 |
|---|---|---|
| Old Forge, PA | Borough | Service location, “Pizza Capital of the World” |
| 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 |
Old Forge Borough is located in Lackawanna County, known nationally as the “Pizza Capital of the World” for its distinctive regional-style pizza. Its affordable housing and working-class roots make FHA and PHFA programs the primary homebuying tools. Dynamic Funding Solutions (Company NMLS #17144) serves buyers throughout Lackawanna and surrounding northeastern PA counties.