Achieving the Dream Program

SONYMA's Achieving the Dream Mortgage Program provides qualified low income first time homebuyers with low downpayment mortgage financing on one  and two family dwellings (including condominiums and cooperative apartments, as well as manufactured homes permanently attached to real property) at a very low fixed interest rate.

• Features and requirements of the Achieving the Dream Mortgage Program.
  
  
• Current interest rate for the Achieving the Dream Mortgage Program.

Homebuyer assistance is available for the Achieving the Dream Mortgage Program.

• 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/Appraised Value limits.

• SONYMA's Purchase Price/Appraised Value Limits.
  
  
• SONYMA's Household Income Limits.

To apply for a SONYMA loan you must contact one of over 50 Participating Lenders located statewide.

• SONYMA's Participating Lender List. 

To compare the Achieving the Dream Mortgage Program with all other SONYMA mortgage programs, see our Program Comparison Chart.