SONYMA, in conjunction with the New York State Department of Veterans' Affairs, is pleased to offer the Homes for Veterans Program that will enable more U.S. military veterans to buy their first home or move to a different home. A change in Federal law enables SONYMA to waive the first-time homebuyer requirement for any veteran (and their spouse or co-borrower) who:
- Served in active military, naval, or air service.
- Has been discharged or released from their military duties under conditions other than dishonorable.
Features and requirements of the Homes for Veterans Program.
Current interest rates for the Homes for Veterans Program.
Down payment assistance is available for the Home for Veterans Program. Learn more about Down Payment Assistance Loan (DPAL).
To apply for a SONYMA loan you must contact one of our Participating Lenders, located statewide, offering the Homes for Veterans Program. SONYMA's Participating Lender list.
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Last updated: 5/19/2010 3:27:29 PM