SONYMA has two mortgage that is primary, attaining the Dream and low-value interest. Both programs are outlined about this web web web page and are usually made to help you find the true house you’ve constantly desired at a repayment you really can afford.
SONYMA offers optional advance payment advice about all home loan programs and all sorts of scheduled programs is coupled with other funds and subsidies.
Reaching the fantasy
Our cheapest interest system, attaining the Dream is made to maximize 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
- Advance payment requirement only 3% (and 3% advance payment help available)
- Minimal money share of just one% (3% for co-ops)
- Designed for 1-4 household houses, cooperatives and condominiums
- No prepayment charges
- 120-day rate of interest hair for current housing
- 240-day interest locks for properties under construction or rehabilitation, cooperatives or troubled product sales
- May be coupled with other SONYMA features that are special
- Other funds and subsidies could be added to no limitation
Available Loan Options and Improvements
Reaching the Dream additionally works together other programs that are SONYMA help those that need assistance with down re payments, home repairs, and renovating.