Matamoras PA Mortgage Broker | FHA, VA & DSCR Loans in Pike County
Dynamic Funding Solutions serves homebuyers and investors in Matamoras, Pennsylvania — a Pike County borough on the Delaware River directly across from Port Jervis, New York. Lena Polnet, NMLS #17225, has 28+ years of mortgage lending experience and works with buyers relocating from New York and New Jersey, first-time homebuyers, veterans, and Pocono STR investors. Call (215) 364-7171 for a same-day pre-approval review.
Home Loans Available in Matamoras PA
- FHA loans — 3.5% down, flexible credit requirements
- VA loans — zero down for eligible veterans and active military
- Conventional loans — 3–20% down, competitive rates
- DSCR loans for short-term rental and investment properties
- USDA loans — zero down for eligible rural properties
- PHFA programs — PA down payment and closing cost assistance
- Jumbo loans for higher-value properties
NY/NJ Buyers Purchasing in Matamoras — What You Need to Know
Matamoras is one of the most accessible Pocono-area communities for commuters and buyers relocating from the New York metro area. Port Jervis, NY sits directly across the Delaware River — and the cost of housing in Matamoras compared to NJ or downstate NY is a significant draw. FHA and conventional loans are the most common products for primary residence buyers in this market, and Lena Polnet is experienced in cross-state moves where buyers have NY or NJ income but are purchasing in Pennsylvania.
PA mortgage rules, property tax structures, and closing costs differ from NJ and NY. Dynamic Funding Solutions guides out-of-state buyers through every step, from pre-approval to closing.
DSCR Loans in Matamoras PA — Pike County STR Investment
While Matamoras skews toward primary residence buyers due to its border-town character and commuter appeal, Pike County as a whole is one of Pennsylvania’s most active short-term rental markets. Investors purchasing vacation cabins, river-access properties, or Pocono retreat homes throughout the county use DSCR loans to qualify based on the rental property’s income rather than personal tax returns or W-2s.
For properties with no rental history, AirDNA market data establishes projected income for DSCR underwriting. Existing rentals use 12-month actual receipts. LLC vesting is available. Minimum DSCR is typically 1.0, with pricing improvements at 1.25+. No personal income documentation required.
FHA & VA Loans in Matamoras PA
FHA loans are the most common path for buyers in Matamoras who have solid income but limited savings for a down payment. With 3.5% down and flexible credit guidelines, FHA financing fits many first-time and move-up buyers in this market. VA loans are available at zero down payment for eligible veterans and active-duty military — an important option given the veteran population in the Pike County / Port Jervis corridor.
Both programs have county-specific loan limits. Lena Polnet will confirm the current Pike County FHA and VA loan limits and structure your pre-approval to match your target purchase price.
First-Time Buyers & PHFA in Matamoras
Pennsylvania Housing Finance Agency (PHFA) programs offer down payment and closing cost assistance to qualified first-time buyers in Matamoras and across Pike County. PHFA’s Keystone Home Loan and HFA Preferred programs can be layered with grant assistance to reduce cash-to-close. Income and purchase price limits apply — Lena Polnet will assess your eligibility on your first call.
Frequently Asked Questions — Matamoras PA Mortgage Broker
I work in New York but want to buy in Matamoras PA — can I get a PA mortgage?
Yes. PA mortgages have no state residency requirement. NY or NJ income is fully acceptable for PA loan qualification. Lena Polnet works with cross-border buyers regularly and will structure your pre-approval using your NY or NJ employment income for the Pennsylvania purchase. FHA and conventional loans are both available in this scenario.
Can I buy an Airbnb investment property near Matamoras with a DSCR loan?
Yes. Pike County DSCR loans are available for short-term rental properties throughout the county, including properties near the Delaware River and Delaware Water Gap. DSCR loans qualify based on rental income, not your personal income. AirDNA projections are used for new STR purchases. Call (215) 364-7171 to discuss your investment property scenario.
What are the current FHA loan limits for Pike County PA?
FHA loan limits are updated annually by HUD and are county-specific. Pike County’s limits reflect the regional market. Lena Polnet will provide the current limit for your specific transaction during your pre-approval consultation — call (215) 364-7171 for current figures.
Contact Your Matamoras PA Mortgage Broker
Purchasing a home or investment property in Matamoras or Pike County? Lena Polnet at Dynamic Funding Solutions handles FHA, VA, conventional, DSCR, and PHFA loans across Pennsylvania. Call (215) 364-7171 today.
Dynamic Funding Solutions, Inc.
NMLS #17144
Lena Polnet, NMLS #17225
Phone: (215) 364-7171
Serving Matamoras, Pike County, and all of Northeast PA