SONYMA has two main home loan programs, attaining the Dream and low interest. Both programs are outlined about this web web page and therefore are made to assist you in finding the house you’ve constantly desired at a repayment you’ll pay for.
SONYMA provides optional deposit help with all home loan programs and all sorts of programs are coupled with other funds and subsidies.
Attaining the fantasy
Our interest rate program that is lowest, attaining the Dream was created to optimize the total amount you really can afford with reduced deposit needed.
Reaching the Dream Qualities and Benefits
- 30-year rate mortgage that is fixed
- No points
- Deposit requirement as little as 3% (and 3% advance payment assistance available)
- Minimal money share of just one% (3% for co-ops)
- Readily available for 1-4 family members houses, cooperatives and condominiums
- No prepayment charges
- 120-day rate of interest locks for current housing
- 240-day interest hair for properties under construction or rehabilitation, cooperatives or sales that are distressed
- Could be along with other SONYMA features that are special
- Other funds and subsidies could be included with no limitation
Rates Of Interest