SONYMA has two primary home loan programs, attaining the Dream and low-value interest. Both programs are outlined with this web page and are usually built to assist you in finding the true house you’ve constantly desired at a repayment it is possible to manage.
SONYMA provides optional advance payment advice about all home loan programs and all sorts of programs may be along with other funds and subsidies.
Attaining the fantasy
Our cheapest interest system, attaining the Dream was designed to optimize the quantity you really can afford with just minimal advance payment needed.
Attaining the Dream Features and Benefits
- 30-year rate mortgage that is fixed
- No points
- Deposit requirement as little as 3% (and 3% advance payment help available)
- Minimum money contribution of 1% (3% for co-ops)
- Designed for 1-4 family members domiciles, cooperatives and condominiums
- No prepayment penalties
- 120-day rate of interest hair for existing housing
- 240-day interest hair for properties under construction or rehabilitation, cooperatives or sales that are distressed
- Could be along with other SONYMA unique features
- Other funds and subsidies may be incorporated with no restriction
Rates Of Interest