SONYMA Achieving the Dream Program

SONYMA Achieving the Dream Program es una primera hipoteca para compradores de vivienda en Condado de Statewide, New York, a cargo de State of New York Mortgage Agency (SONYMA), a division of NYS Homes and Community Renewal (HCR). The SONYMA Achieving the Dream Program is the State of New York Mortgage Agency's lowest-interest-rate first-mortgage product. It is a 30-year fixed-rate mortgage with no points and a low 1% minimum borrower cash contribution, financing up to 97% LTV for qualified low-income, primarily first-time homebuyers purchasing 1-4 family homes, condos, co-ops, or manufactured homes in New York State. It includes built-in down payment assistance (greater of $3,000 or 3% of purchase price, up to $15,000) and can be paired with the Repayable Second Lien (RSL), the successor to the discontinued DPAL Plus ATD, providing up to 5% of net purchase price at 0% interest. 30-year fixed rate, SONYMA's lowest interest rate. No points. Financing up to 97% LTV. Low 1% minimum borrower cash contribution. Down payment assistance of $3,000 or 3% (up to $15,000). Stacks with DPAL, RSL, and other grants. Reimbursable federal recapture tax. Los fondos provienen de SONYMA mortgage revenue bonds (SONYMA Bond financing).

SONYMA Achieving the Dream Program ofrece entre $3,000 y $15,000 de ayuda. Niveles de ayuda: Standard DPAL add-on: greater of $3,000 or 3% of purchase price, max $15,000. Repayable Second Lien (RSL) add-on (successor to DPAL Plus ATD): minimum $3,000, up to 5.0% of net purchase price. El programa se puede combinar con Down Payment Assistance Loan (DPAL), Repayable Second Lien (RSL), RemodelNY, Homes for Veterans, Graduate to Homeownership, ENERGY STAR; other grants and subsidies. Los montos son los máximos publicados por el programa, no una oferta: State of New York Mortgage Agency (SONYMA), a division of NYS Homes and Community Renewal (HCR) determina cualquier ayuda individual.

SONYMA Achieving the Dream Program es una primera hipoteca y se reembolsa según los términos que fija State of New York Mortgage Agency (SONYMA), a division of NYS Homes and Community Renewal (HCR). El reembolso se activa por Attached Down Payment Assistance Loan (DPAL) may be required to be repaid (all or a portion) if the home is sold or the mortgage is refinanced within the first 10 years of purchase. The first mortgage itself is a fully amortizing 30-year repayable loan. La ayuda se registra con un gravamen en posición first. Los términos de condonación y reembolso los fija el programa y pueden cambiar; confírmalos en la página oficial del programa antes de presentar la solicitud.

SONYMA Achieving the Dream Program está abierto a compradores de vivienda por primera vez y compradores de vivienda que vivirán en la vivienda como su residencia principal. “Primera vez” tiene excepciones aquí: First-time buyer requirement waived for eligible military veterans (and their household members) and for buyers purchasing in a federally designated Target Area. Sobre el crédito, el programa indica: No published minimum credit score on the program page; borrowers must meet SONYMA's credit underwriting standards. Se requiere un curso de educación para compradores de vivienda, a través de Applicants must complete a homebuyer education course. Counseling from a HUD-approved agency is preferred; web-based counseling from a PMI company is acceptable when an RSL is attached. Requisito de residencia: Property must be located in New York State and occupied as the borrower's permanent primary residence. DOCUMENTED PROGRAM CHANGE: SONYMA's 'DPAL Plus' / 'DPAL Plus ATD' enhanced down payment assistance loan has been DISCONTINUED/RESTRUCTURED into the Repayable Second Lien (RSL) Program (0% interest, min $3,000, max 5.0% of net purchase price, due on sale/payoff/refinance; requires 0.40% rate increase on the primary loan). The Achieving the Dream first-mortgage product is documented here as the active alternative. Both ATD and RSL confirmed active (limits effective for reservations accepted Aug 11, 2025; RSL term sheet dated 7/21/2025).

SONYMA Achieving the Dream Program limita el ingreso del hogar a $101,380. El límite se aplica al ingreso total del hogar, no solo al del prestatario. Las cifras del ingreso mediano del área las publica HUD y se actualizan cada año, así que consulta la tabla vigente del condado antes de basarte en una cifra.

SONYMA Achieving the Dream Program limita el precio de compra a $544,230. Los tipos de propiedad elegibles incluyen Single Family, Condo, Co-op, 2-4 Unit y Manufactured. La construcción nueva es elegible. Las viviendas prefabricadas son elegibles.

SONYMA Achieving the Dream Program menciona a veteranos, miembros del servicio militar activo y cónyuges sobrevivientes entre los grupos a los que atiende. Aparecer aquí significa que el programa menciona al grupo, no que pertenecer a él baste por sí solo para que un solicitante califique; las demás reglas de elegibilidad siguen aplicándose.

SONYMA Achieving the Dream Program atiende a compradores de vivienda que compran en Condado de Statewide, New York.

Las solicitudes de SONYMA Achieving the Dream Program se tramitan a través de State of New York Mortgage Agency (SONYMA), a division of NYS Homes and Community Renewal (HCR), que publica los términos vigentes y los pasos de la solicitud en su propio sitio. Los fondos se reservan a través de SONYMA Express (loans reserved by participating lenders); funds available first-come, first-served. Hey Prescott no es un prestamista y no acepta solicitudes; esta página describe el programa para que un comprador de vivienda pueda llevarlo a un prestamista o a un asesor de vivienda.