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The Pennsylvania Housing Finance Agency (PHFA) provides:

Correct Answer

B) Affordable mortgage programs for first-time buyers

PHFA provides affordable mortgage programs, down payment assistance, and other housing programs for qualified first-time homebuyers.

Answer Options
A
Title insurance
B
Affordable mortgage programs for first-time buyers
C
Property inspections
D
Foreclosure services
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Related Concepts

Foreclosure is the legal process by which a lender takes possession of a property when a borrower fails to make mortgage payments. It allows the lender to sell the property to recover the outstanding debt.

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