Submit the Application Form with the following:
The following documents must be submitted to the Penn Home Ownership Services Office within 15 business days after your Application is submitted so that we may continue to process your mortgage:
For the Application Form click here.
Receive Pre-Approval Letter
The Penn Home Ownership Program Manager will review your credit report, and income and asset documentation, Pre-Approval is at the discretion of PHOS. If you meet all program requirements, a Pre-Approval letter will be issued, listing all remaining pieces of documentation needed for your file.
Obtain a Pre-Approval
Select one of Penn Home Ownership Services preferred lenders:
Provide your Pre-Approval letter from PHOS to your selected lender and request a lender's pre-approval that will tell you how much home you can afford.
Send your lender's contact information to Penn Home Ownership Services
Identify a Realtor
Shop around for a realtor that you find agreeable
Provide a both copies of the pre-approval letter to your realtor
You are now ready to look for a home!