Helping first time homebuyers
LHOP makes the dream of homeownership in Lancaster County more attainable and affordable for first time homebuyers through education and financial assistance.
The goal of the Education Program is to prepare buyers to make better financial decisions by expanding their understanding of both the requirements and process for purchasing a home.
While all prospective buyers are encouraged to complete the LHOP Community Home Buyer (CHB) Education Program before looking for a home, the course is required in order to qualify for a CHB loan.
Eligible first time homebuyers may qualify for closing cost and down payment assistance loans with LHOP's Homebuyer Loan Program.
These loans are provided in combination with mortgage products offered by Partnership Lenders to purchase homes located in Lancaster County and at the minimum meet FHA requirements.
Funding for the CHB Loan Program is not guaranteed and CHB Loan approval is subject to overall availability of funds and individual eligibility for the CHB Loan Program.