SONYMA Loans

State of New York Mortgage Agency (SONYMA) mortgages offer loan programs to assist first-time homebuyers with the purchase of a home in New York state.

SONYMA mortgages feature:

  • Competitive interest rates
  • Low down payment requirements
  • Flexible underwriting guidelines
  • No prepayment penalties
  • Down payment assistance

These features are designed to make your home purchase more affordable. All SONYMA loans are financed through the sale of tax-exempt bonds.

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