Nys First Time Home Buyer at Buying

Nys First Time Home Buyer. Popular areas for first time buyers in york. First time homebuyer seminar 2022.

New york, ny 10002 phone: Popular areas for first time buyers in york. This program is in the form of a second mortgage and provides eligible applicants with a loan of up to 10 percent of the purchase price of the property in order to meet the down payment requirements.

Mary Jane Zak Williamsville, NY REALTOR®

The down payment assistance program helps offset upfront costs, and the loan may be fully forgiven after 10 years. For every $1 a participant saves, the program will match $4 for a potential grant of up to $7,500. Read the full article here. For starters, the low interest rate program ensures that buyers only have to contribute 3% of the total loan amount to their down payment.