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You Are Pre-Qualified

Congratulations on your pre-qualification!

The next step is to enter your contact information to meet with a New York Homebuyer Program Participating Lender for mortgage pre-approval. 

Your  lender will furnish you with the program guidelines and assist with the application process upon completion of your pre-approval.

For security purposes, your application request will expire in:

Your application request has expired!

Request Pre-Approval

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Frequently Asked Questions

How does someone apply for New York Homebuyer Programs? 

Homebuyers interested in the New York Homebuyer Programs must work with a New York Homebuyer Programs Participating Lender. The Lender will furnish the homebuyer with complete program guidelines, current interest rates, applicable APRs and fees and assist with the application and qualification process.

How can someone find a New York Homebuyer Programs Participating Lender?

Homebuyer are matched with participating lenders upon submission of a online application.

Does pre-qualification guarantee approval? 

Homebuyers that meet the minimum criteria are pre-qualified. However, there are limited funds available for approval. Homebuyers are encouraged to get pre-approved and apply as soon as possible, since applications are approved on a first come first served basis. 

Does the homebuyer ever have to pay back the assistance provided? 

There are a number of New York Homebuyer Programs available. Some are grants which are forgiven provided the homebuyer keep the home a predetermined number of years. Other programs provide funds which are repaid when the homebuyer refinances or sells their home. There are programs which act as a second mortgage with a low interest rate. There are also programs which reduce the down payment required and still others which allow the homebuyer to finance their closing costs. The lender will guide the homebuyer in selecting the best programs based on their financial goals and qualifications.

Can the Programs be used to buy a second/vacation home? 

No. To qualify for the Program, the home being purchased must become the primary residence of the homebuyer. Vacation, second homes and rentals are not eligible.

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