Remodel New York Program

The Remodel New York Program provides competitive interest rate financing to qualified first time homebuyers for the purchase and renovation of homes in need of improvements or repairs. Under Remodel New York, SONYMA will finance both the purchase and the renovation of the home with one mortgage.

• Features and requirements of the Remodel New York Program.
  
  
• Current interest rates for the Remodel New York Program.

Homebuyer assistance is available for the Remodel New York Program.

• Learn more about SONYMA's Down Payment Assistance Loan (DPAL) or SONYMA's Tax Credit Advance Loan (TCAL).

All SONYMA Mortgage Programs require borrowers to meet certain Household Income and Purchase Price Limits.

• SONYMA's Purchase Price Limits.
  
  
• SONYMA's Household Income Limits.
  
  
• Learn about special incentives in Target Areas.

To apply for a SONYMA Remodel New York Program loan you must contact either M&T Bank or Ulster Savings Bank.

• SONYMA's Participating Lender List (to find a branch of M&T Bank or Ulster Savings Bank)

To compare the Remodel New York Program with all other SONYMA mortgage programs, see our Program Comparison Chart.