HMA is a Full-Service Lender that offers a customized approach from the application process to the Closing.

Robust Product Offering

Conventional Home Loan
  • Purchase or Refinance
  • 1-4 Unit Primary Residence
    • 3.0% Minimum Down Payment for first time home buyers; 5% down minimum for other
    • Funds may be gifted | Seller Assist allowed
  • 2nd/Vacation homes
    • 10% down minimum | Funds may be gifted | Seller Assist allowed
  • Investment properties
    • 15% down minimum for 1 unit homes | 25% down min for 2-4 unit homes
    • Seller assist allowed up to 2%
  • Fixed and ARM Loans Available | No Income Limits
Veteran’s Administration Home Loan
  • NO Down Payment | No Cash Reserves Requirements
  • NO Application Fee
  • NO Monthly Mortgage Insurance Premiums
  • VA Funding Fee may be financed | Fixed and Adjustable Rate Options
  • Gifts are Allowed | No Pre-Payment Penalties
  • Competitive jumbo rates and potential second-mortgage solutions which may improve rates and avoid mortgage insurance on larger loan sizes.
  • Jumbo mortgage limits vary by county.
  • We offer a 10% down jumbo program, (with some credit limitations, and mortgage insurance as applicable.)
  • Financial reserves required, (may include retirement or investments)
State Bond – PHFA
  • We offer the PHFA K-Gov with Advantage Assistance program.
  • Primary residences only may be financed, and only one or two units.
  • A 30-year fixed-rate FHA mortgage with a second interest-free loan for $6,000 (or 4% of the purchase price, whichever is less,) amortized over 10 years to help with closing costs.
  • Non-occupying co-borrowers allowed, (higher credit requirements may apply).
  • The borrower must contribute $1,000 or 1% of the loan amount, whichever is lower, and the payments for third party reports such as the appraisal may be included in the borrower’s contribution.
  • Homebuyer education may be required, with higher credit it may only be suggested.
  • Limits apply to income, assets and the purchase price, dependent upon location.
FHA Home Loan
  • 3.5% Minimum Down Payment; May be gifted from a relative
  • Owner-Occupied Purchase or Refinance
  • 1-4 Unit Primary Residence
  • Fixed and ARM Loans Available
  • No Income Limits | No Cash Reserves Required | Flexible Guidelines for Debt Ratios
USDA Home Loan
  • 100% Financing with Fixed Interest Rate
  • 1% One Time USDA Guarantee Fee may be included in Financing
  • .35% Monthly USDA Fee that is Included in Monthly Payment and often less expensive than PMI
  • NO Down Payment Required
  • Competitive Interest Rates
  • Up to 6% in Allowable Seller Contributions | Gifts are a Permitted Source of Funds
Arriving Home

Standard fixed-rate second mortgage loan to eligible first-time homebuyers who:

  • Meet basic credit score and income requirements
  • Obtain a Conventional or Federal Housing Administration (FHA) first mortgage loan
  • Contribute at least $1,500 of their own funds into the transaction
Physician Home Loan
  • Up to 100% LTV
  • No PMI
  • Deferred Student Loan payments not included in Debt Ratio
  • Loan amounts up to $1,000,000 for practicing physicians
  • Restrictions Apply

In addition to meeting the above criteria, the program requirements include homebuyer
education and homeownership counseling, and the property must be

  • A primary residence
  • A single-family dwelling
  • Owner occupied
  • Located within determined Pennsylvania regions