Affordable Housing Program

At Delanco Federal Savings we are committed to assisting everyone in the community in their goal of owning their own home. With this in mind we offer competitive loans for those who have low to moderate income.

Visit us today to see how we can help you become a homeowner! 

  • Low to moderate income limits apply 
  • Origination fee- $200.00
  • 0 points
  • Private Mortgage Insurance (PMI) required over 80% loan to value (LTV) PMI will increase the Annual Percentage Rate (APR)
  • Property Insurance shall be required
  • Subject to credit approval


When applying for a residential mortgage loan the following items (where applicable) must be submitted to the Bank:

  • W-2’s for the past two years
  • 3 Current Paystubs
  • Filled out and Signed Borrower's Authorization Form (see attached)
  • Copy of Retirement checks or Social Security Benefits Statement (unless a direct deposit to DFSB deposit account)
  • Copy of Deed (Refinance)
  • Copy of Homeowners Insurance Policy (Refinance)
  • Copy of Property Tax Bill (Refinance)
  • Copy of Survey (Refinance)
  • Copy of Agreement of Sale (Purchase)
  • Copy of Three (3) months bank statements (Purchase)
  • Signed Copy of Borrower's Authorization Agreement (Provided Below)

If you are self-employed; please provide this additional information:

  • Tax Returns for the past two years
  • Year to date Profit & Loss Statement on the business.

Unless this information is provided the loan application will not be considered complete. The Bank reserves the right to ask for further financial disclosure after reviewing the application and submitted documents.

Apply Now           Borrower's Authorization

Financial Calculators

Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.