Conventional & Specialty Loans


Conventional 30 year – This fixed-rate mortgage is the most popular option, in large part, because of its fixed interest rate and lower monthly payments. Interest payments are spread out over 30 years with this type of loan, so you will end up paying more in interest over the life of the loan than you would with a shorter term.

  • Down payment can be as low at 3%
  • Purchase or refinance

Conventional 15 year – Compared to the 30 year, this mortgage will usually offer a lower interest rate and will accrue less interest over the term of the loan. While your monthly payment will be higher, you will be able to pay off your home more quickly. This mortgage option is often considered by those looking to refinance their home.

  • Up to 95% financing
  • Purchase or refinance


VA– A VA loan can be obtained by qualified veterans, reservists, active duty personnel, or eligible family members. They don’t require a down payment or any mortgage insurance unlike an FHA loan. This type of loan does carry a one-time variable funding fee. Find Out if You are Eligible

  • 100% financing
  • No limit on seller assistance toward closing costs
  • Purchase or Refinance

FHA – The Federal Housing Administration insures FHA loans, so with this product Liberty can offer you a low down payment, low closing costs, and easier qualifying standards. This type of loan is an attractive option for first-time homebuyers or if you have little or no money to put down.

  • 3.5% down payment, up to 96.5% financing
  • 6% seller assistance toward closing costs allowed
  • Purchase or Refinance

USDA (United States Department of Agriculture) 100 percent property financing is available for rural properties. Find out if your property is eligible through

  • 100% financing
  • No limit on seller assistance toward closing costs


 FHA 203K Rehab loans

Purchase, refinance and rehab your home all at once with a loan amount based on the home value including renovations.

  • Down payment as low as 3.5%

FannieMae HomeStyle® Renovation Loans

This is a single-close loan that enable borrowers to purchase a home that needs repairs; or refinance the mortgage on your existing home and include the necessary funds for renovation in the loan balance. The loan amount is based on the “as completed” value of the home rather than the present value. Learn the facts here.

  • 5%-20% down

Streamline Refinance Loans

If you have an existing FHA or VA loan you may be a candidate for a refinance with no underwriting or appraisal necessary.


FHA, VA, USDA and conventional loans offered through the state of PA provide lower fees and often a lower interest rate. There are advantages to financing your loan through PHFA since some of their programs offer below market interest rates, fewer fees and closing costs.

There is a PHFA loan that will fit any buyer. Because of the way it is funded, these low interest fixed rate loans can help first time homebuyers, in particular, realize their home ownership dreams.

HFA Preferred Risk Sharing

When you don’t want to pay mortgage insurance but would normally need it, this program negates the need for PMI (hyperlink) if you have a high enough credit rating. This conventional loan is available to first, repeat homebuyers and those looking to refinance.

  • 3% down payment

HFA Preferred

When you need mortgage insurance this loan offers reduced mortgage insurance fees. This conventional loan is available to first, repeat homebuyers and those looking to refinance.

  • 3% down payment

Keystone Government Loan

FHA, VA, USDA loans offered through the state of PA often provide lower interest rates and fees. You do not have to be a first time homebuyer and there are no purchase price or income limits for this type of loan.

  • Up to 100% financing

Keystone Home Loan

FHA, VA, USDA loans offered through the state of PA often provide lower interest rates and fees. These loans are only for first time homebuyers who fall within the required purchase price and income limits.

  • Up to 100% financing

PENNVEST Homeowner Septic Loans

If your home does not have access to a public sewage system and you need to repair or replace your septic system, you may qualify for this type of loan.

  • loans at 1.75 % interest


Keystone Advantage Assistance Loan Program

Closing cost assistance can be added to your loan through this unique program. This is one of the few assistance loans available to use toward your down payment and closing costs.

  • Up to 6% of the purchase price

ACCESS Home Modification Loans

People with a permanent disability or who have a family member(s) living in the household with a permanent disability who are purchasing a new or existing home with a loan originated through one of PHFA homeownership loan programs, may qualify for this type of loan.

  • up to $15,000

Down Payment Assistance Program for ACCESS Home Loans

If you qualify for an ACCESS home Modification loan you may also qualify for closing cost assistance.

  • up to $10,000

PHFA Mortgage Tax Credit

With a PHFA first mortgage home purchase loan, you may be eligible to claim a tax credit for 50% of the mortgage interest you pay per year, capped at $2,000 annually for the life of the loan. It is a dollar-for-dollar reduction against your federal tax liability. Learn more about this program at the PHFA site.

Veterans Corner

Liberty Mortgage leads the state in loans to veterans. Before you proceed with any other type of financing, find out if you are eligible for a cost-saving VA Loan. learn more