Homebuyer Dream Program® Suite
Dreaming of buying your first home? You may be eligible for up to $30,000 toward your down payment or closing costs.
Invest in your future today! Limited funding is available to those who qualify.
There are three programs that may suit your needs.
| |
Program Parameters |
Income Limits |
Homebuyer Minimum Contribution |
5-year Retention Period |
| Account Name:Homebuyer Dream Program |
Program Parameters:First-time homebuyer |
Income Limits:80% or less of area median income |
Homebuyer Minimum Contribution:$1,000 |
5-year Retention Period:Regulatory requirement |
| Account Name:Homebuyer Dream Program Plus |
Program Parameters:First-time homebuyer |
Income Limits:80% or more of area median income; not to exceed 120% |
Homebuyer Minimum Contribution:$1,000 |
5-year Retention Period:Not required |
| Account Name:Homebuyer Dream Program Wealth Builder |
Program Parameters:First-time homebuyer; must either reside in a minority census tract or qualify as a first-generation homebuyer |
Income Limits:120% or less of area median income |
Homebuyer Minimum Contribution:$1,000 |
5-year Retention Period:Not required |
For all programs:
- Must be an owner-occupied primary residence. One- to four-unit dwelling, townhouses, condominiums, manufactured housing affixed to a permanent foundation.
- All recipients are required to complete a homebuyer counseling program.
Could this program help you realize your dream? Contact one of our Mortgage Professionals to get started today.
Subject to availability of funding from the Federal Home Loan Bank of New York. Subject to credit qualification.