Explore low interest mortgage options.
State of New York Mortgage Agency (SONYMA)
Low-Cost Home Mortgages
SONYMA loans are designed to make your home purchase more affordable with competitive, fixed interest rates, and low down payment requirements
Innovative Add-Ons
From down payment assistance, to money for repairs and remodeling, to special programs for Veterans, SONYMA mortgage optional add-on features help make your dream home a reality
Resources to Help You Succeed
SONYMA partners with nonprofit housing counseling agencies across New York State to help you navigate the home buying process and prepare for successful homeownership through one-on-one counseling, homebuyer education classes, workshops, and more
Getting Started
First Time Homebuyers
Review SONYMA loans to find the one that best fits your needs
Check your eligibility and learn what you’ll need to get started
Explore features that can help make your home more affordable
Let us guide you through the homebuying process from start to finish
Explore Low- and Moderate-income Home Ownership Options
Affordable Housing Corporation (AHC)
What We Do
AHC provides grants to governmental, not-for-profit and charitable organizations to help subsidize the cost of newly constructed houses and the renovation of existing housing
How It Works
AHC provides grants to governmental, not-for-profit and charitable groups (Grantees) to build, acquire/rehabilitate or improve homes for low and moderate income families
Access Grantee List
Individual homebuyers or homeowners can apply to local AHC grantees for homebuying or home repair assistance
Homeownership Resources for Section 8 Participants
Housing Choice Voucher (HCV) Homeownership Program
The HCR Housing Choice Voucher (HCV) Homeownership Program helps first time homebuyers obtain and retain a home of their own by making monthly payments towards qualified homeownership expenses. To participate, a family or individual must have an HCV voucher and meet all program requirements.
Mobile & Manufactured Homes Resources
HCR provides resources for vulnerable manufactured and mobile home households & communities, such as:
- Assistance for buying a mobile or manufactured home
- Resources for rehabilitation and repair
- Cooperative home park purchase loan programs
Explore Middle-Income Coop Options
Mitchell Lama Program
The Mitchell-Lama Program provides housing across New York State that is affordable to the middle class