Pennsylvania State Capitol. Photo credit: Zack Frank/Shutterstock.com
A state representative said he will introduce legislation that would grant individuals and couples with student loan debt with a zero interest mortgage rate to be used against the buyer’s student loan debt if they purchase a home from the Pennsylvania Housing Finance Agency’s real estate-owned portfolio.
February 23, 2018 at 09:00 AM
1 minute read
Reporter
A state representative said he will introduce legislation that would grant individuals and couples with student loan debt with a zero interest mortgage rate to be used against the buyer’s student loan debt if they purchase a home from the Pennsylvania Housing Finance Agency’s real estate-owned portfolio.
State Rep. Jake Wheatley Jr., D-Allegheny, said that zero interest mortgage would be provided by the PHFA and the PHFA would receive revenue from the sale of the home with no cost to the state.
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