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Homeownership

The State of New York Mortgage Agency (SONYMA) provides safe, low interest fixed-rate mortgages, down payment assistance and other programs specifically designed to help low- and moderate-income families become homeowners.  If you want to get a SONYMA mortgage, click here.

Affordable Housing Developers

The Housing Finance Agency (HFA) and the Affordable Housing Corporation (AHC) offer financing to for-profit and not-for-profit developers to encourage the construction and preservation of affordable housing in communities across New York State. SONYMA also offers mortgage insurance to lenders of multifamily housing.

Lenders

Information for SONYMA participating lenders includes recent announcements, forms, manual and other tools to help you be successful.

News 

For more information
Spring Creek Townhouses in Brooklyn, where the Nehemia Housing Development Fund Co.is participating in SONYMA's Project Set-Aside program.
Quick Links Today's Interest Rate
4.625%*
*For a 30-year mortgage with 3% down. Closing cost assistance not included. For complete rates, click here.