The State of New York Mortgage Agency (SONYMA)’s loan programs offer qualified low- and moderate- income homebuyers affordable financing on manufactured homes that are permanently affixed to a foundation. 


Loans can be used to:

  • Finance the purchase of a new or used manufactured home
  • Site the home on leased land in a community, land you own, or land you would like to purchase
  • Refinance debt on your existing manufactured home


Features and Benefits
  • 30-year fixed rate loan
  • No points
  • Down payment requirement as low as 3% (and 3% down payment assistance available)
  • Minimum cash contribution of 1%
  • No prepayment penalties
  • 120-day interest rate locks
  • Can be combined with other SONYMA special features
  • Other grants and subsidies can be included with no limit
Interest Rates

View Current Interest Rates


Learn more about down payment assistance to help reduce your upfront costs.



Manufactured home communities must onboard with SONYMA in advance to be eligible for financing. Communities who wish to onboard may email [email protected].

How to Apply

Interested in applying for a SONYMA loan to purchase a manufactured home or refinance debt on your existing manufactured home?