Pittston PA Mortgage Broker — FHA, VA, DSCR & Non-QM Loans

Dynamic Funding Solutions is a licensed mortgage broker serving Pittston and Luzerne County. Lena Polnet — NMLS #17225, 28+ years of experience — works with FHA, VA, USDA, bank statement, and Non-QM loan programs for buyers across northeastern Pennsylvania. Call (215) 364-7171 or apply online at dynamicfunding.net.

Home Loan Programs in Pittston, PA

Pittston is a small coal-era city in Luzerne County with an older housing stock that calls for renovation-friendly financing. FHA 203(k) loans are particularly well-suited here — they combine the purchase price and estimated repair costs into a single loan, allowing buyers to finance a fixer-upper with as little as 3.5% down. Standard FHA purchase loans cover move-in-ready properties. USDA rural development financing is available for eligible properties on Pittston’s outer edges. VA loans serve veterans with zero-down purchase financing. Non-QM programs cover buyers with credit challenges or non-traditional income documentation. Conventional renovation loans (Fannie Mae HomeStyle) round out options for buyers with stronger credit seeking renovation funds at conventional pricing.

Why Work With a Mortgage Broker in Pittston

Pittston’s older homes frequently require repairs that a standard purchase loan won’t cover — a broker who knows renovation lending is essential here. Lena Polnet specializes in FHA 203(k) and non-QM programs that retail bank branches often decline or don’t carry at all. Working with a broker means your loan file goes to lenders who are actually comfortable with Pittston’s housing inventory and price range — not rejected by an automated underwriting system tuned for suburban McMansions.

First-Time Buyer Programs for Pittston PA Residents

Pennsylvania’s PHFA K-FIT grant provides eligible first-time buyers with 5% of the purchase price for down payment and closing cost assistance — forgivable over 10 years. Income and purchase price limits apply. Pittston buyers may also qualify for Keystone Home Loan and HOMEstead Deposit Assistance. Call (215) 364-7171 to check eligibility.

FAQ — Pittston PA Mortgage

What is a 203(k) loan and why does it matter in Pittston?

The FHA 203(k) loan wraps the purchase price and renovation budget into a single mortgage. It’s designed for exactly the type of older housing stock found throughout Pittston — homes that need updated roofs, electrical, plumbing, or kitchens before they’d pass a standard appraisal. Borrowers can finance up to the after-improved value of the home with as little as 3.5% down.

Can I use a USDA loan to buy in Pittston?

USDA eligibility depends on the specific property address and borrower income limits. Some areas on Pittston’s periphery may qualify. Lena Polnet can run a USDA property eligibility check on any address at no cost. Call (215) 364-7171 to confirm before you make an offer.

Do VA loans work on homes that need repairs?

Standard VA loans require the property to meet minimum property requirements (MPRs) — meaning the home needs to be safe, sanitary, and structurally sound at closing. If the home needs work, a VA renovation loan or a short closing-condition repair escrow may be needed. Lena can advise on the best VA-compatible path for a specific property.

Get Pre-Approved Today

Call (215) 364-7171 or visit dynamicfunding.net to start your mortgage application.

Dynamic Funding Solutions, Inc. — NMLS #17144 | Lena Polnet — NMLS #17225 | Licensed in Pennsylvania and Florida | Equal Housing Lender