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First-time home buyer programs in Waynesboro, PA

Quick answer

First-time buyers in Waynesboro, PA can use 3%-down conventional loans (up to the $832,750 Franklin County conforming limit), 3.5%-down FHA, or VA and USDA where eligible, plus 1 verified city, county or statewide assistance program. On the $180,400 median home, 3% down is about $5,412 and the estimated payment is $1,562/month at 7.18%.

By Purchase Mortgage Loan Editorial Team Checked against official sources per our editorial standardsData last updated

Median household income: $58,311; value-to-income ratio 3.09. Waynesboro ranks 52 by home value and 76 by population among 87 places in our PA dataset.

What does a first-time buyer loan cost on a typical Waynesboro home?

ItemWaynesboro
Median home value (Census ACS)$180,400
Pennsylvania median home value$240,500
Down payment (3%)$5,412
Loan amount$174,988
Estimated monthly payment (PITI + MI)$1,562
Income needed (28% / 36%)$67,000 / $53,000
Franklin County 2026 conforming limit (1 unit)$832,750
Max purchase price at the limit$858,000

Rate assumption: 7.18% (Freddie Mac PMMS 30-year fixed average, week of November 5, 2026). Change it in the payment calculator.

Payment includes Pennsylvania's 1.35% effective property tax rate (Census ACS), $1,217/yr homeowners insurance (NAIC state average) and an estimated 0.5% PMI.

What is the 2026 conforming loan limit in Waynesboro?

Waynesboro is in Franklin County. Conventional 3%-down loans go up to the $832,750 conforming limit (price ≈ $858,000); FHA loans go up to $541,287.

The Waynesboro median home value of $180,400 is 25% below the Pennsylvania median, and within what the county limit supports.

Which down payment assistance programs can Waynesboro buyers use?

First-time buyer loans in nearby cities

ChambersburgHanoverCarlisleWeigelstownShilohYork

First-time buyer loan FAQs for Waynesboro

On the $180,400 median: 3% conventional ≈ $5,412, 3.5% FHA ≈ $6,314, and 0% for eligible VA or USDA buyers. Conventional loans above $832,750 in Franklin County become jumbo loans.

At the $180,400 median value (below the Pennsylvania median of $240,500), the estimated payment of $1,562/month at 7.18% needs about $67,000 a year under the 28% housing guideline, or $53,000 if your total debts stay under 36%.

0 city-level, 0 county-level and 1 statewide programs are verified for this city (1 total). Check each official administrator's eligibility rules and available funds.

Sources

Data last updated October 23, 2026.

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Figures on this page are estimates for educational purposes only and are not a loan offer or commitment to lend. Rates, loan limits, fees and assistance programs change frequently and vary by lender, location and borrower profile. Confirm current terms with a licensed loan officer.