CEO of Lisa Home Mortgage Helps Philadelphia Homebuyers Get Up to $10K in Grants

Lisa K. Farrell, founder and CEO of Lisa Home Mortgage, a Black-owned federal and multi-state licensed mortgage company, is working with first-time homebuyers in Philadelphia, Pennsylvania to help them qualify for and receive up to $10,000 in funding to be used toward a downpayment and closing costs.

The Philly First Home Grant does not require monthly payments and is forgivable pending terms and conditions. *The flexibility of the program allows qualified homebuyers, even with credit scores as low as 580, to gain access to the program.

The program does, however, have income restrictions. Homebuyers must meet all terms and conditions of the program, and complete a free homebuyer’s seminar with a mandatory counseling program. Clients can be pre-approved for a mortgage loan, but the mandatory seminar and counseling program must be completed before a sign an agreement of sale is executed. The agreement of sale must be signed by the homebuyer and seller after completing housing counseling.

Interested parties should act immediately as the program is structured as FIRST COME, FIRST SERVED, while funds are available.

To get the mortgage prequalification process started, homebuyers can conveniently use their computer, mobile device, or tablet to complete an application at The required free homebuyer’s seminar can be completed online as a self-paced course. The entire process averages 45 days.

“This is an excellent option for clients who are ready to buy their first home and will allow clients to purchase their home with much-lowered funds out of pocket,” says Lisa. “So, if you have been considering buying a home in the City of Philadelphia, now is the time to act.”

For more information or to apply, go to the official Lisa Home Mortgage.



Comments are closed.


Related Articles


Get in Touch


Latest Posts