New York program
New York route through New York State Homes and Community Renewal / State of New York Mortgage Agency (SONYMA). Use this page to confirm the core public facts first, then decide whether you need deeper comparison output and lender-call prep.
Decision-ready public facts
Quick answer from published facts. Go to New York program hub
Minimum $1,000; maximum 3% of the purchase price up to $15,000, or $3,000, whichever is higher.
0% no-monthly-payment assistance loan forgiven over time
No monthly payments and forgiven after 10 years; if the home is sold or the mortgage is refinanced within the first 10 years, all or part of the DPAL may need to be repaid, with the repayable amount decreasing by 1/120 per month of occupancy; any sale-proceeds shortage is forgiven.
Unknown
Program guide
Use the public facts first. Open the official source when a detail affects eligibility, repayment, or lender choice.
Buyers using a SONYMA mortgage program
Minimum $1,000; maximum 3% of the purchase price up to $15,000, or $3,000, whichever is higher.
No monthly payments and forgiven after 10 years; if the home is sold or the mortgage is refinanced within the first 10 years, all or part of the DPAL may need to be repaid, with the repayable amount decreasing by 1/120 per month of occupancy; any sale-proceeds shortage is forgiven.
Apply through a participating SONYMA lender in New York State.
SONYMA offers down payment assistance loans up to 3% of purchase price capped at $15,000 for buyers using SONYMA mortgages, with no monthly payments and 10-year forgiveness.
2026-04-19
Effective date not captured.
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Amount: Minimum $1,000; maximum 3% of the purchase price up to $15,000, or $3,000, whichever is higher.
Repayment: No monthly payments and forgiven after 10 years; if the home is sold or the mortgage is refinanced within the first 10 years, all or part of the DPAL may need to be repaid, with the repayable amount decreasing by 1/120 per month of occupancy; any sale-proceeds shortage is forgiven.
First-time buyer: Unknown
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Paid research already tracks city and county programs, specialty and conditional paths for New York.
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1 tracked
City and county down payment or closing-cost programs that never make it into the free statewide layer.
3 tracked
Conditional, paused, or specialty paths worth checking before you assume the state is a dead end.
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