Graduate to Homeownership Program


The time right after graduation from college is exciting, with new opportunities and the rest of your life ahead of you. Now imagine starting that new life with a home of your own. The Graduate to Homeownership program offers recent college graduates low-interest mortgages, down payment assistance, and homebuyer education resources to purchase their first home in certain upstate New York communities. 


Graduate to Homeownership Benefits
  • Competitive 30-year fixed interest rates 
  • May be combined with other SONYMA grants and assistance programs, such as:
    • Down Payment Assistance Loans to help with your down payment
    • Remodel NY for funds to help with repairs and remodeling


  • Available for first-time homebuyers who have received an associate, bachelor’s, master’s, or doctoral degree within the past 48 months from an academic program recognized by the U.S. Department of Education 
  • You must have good credit, stable employment, and be able to make monthly mortgage payments 
  • You must occupy the property as your primary residence
  • Regional income limits apply and vary by county