down payment

The home loan that lets first-time buyers put as little as 3 percent down

… In New York City banks often require you to put at least 20 percent of an apartments purchase price … across the board The rate you see advertised on SONYMAs website is the rate you will receive provided you qualify … rest can be a gift from a family member This is one of the best features of a SONYMA loan He notes that although the …

By Evelyn Battaglia |April 22, 2025 - 10:30AM

Co-ops

How first-time buyers can apply for up to $100,000 in down payment assistance

By Celia Young |February 3, 2025 - 3:00PM

Hochul addresses a crowd of elected officials, union leaders, and other audience members at her State of the State address on Tuesday, Jan. 15th.

Rent

Hochul takes aim at institutional housing investors and rent-fixing software in State of the State

By Celia Young |January 15, 2025 - 11:15AM

Co-ops

Need a mortgage to buy a NYC co-op? Your rate is not the only thing to consider

By Mimi OConnor |February 17, 2023 - 2:30PM

Negotiating + Financing

What are some tips for buying a NYC co-op or condo when mortgage rates are rising?

By Teri Karush Rogers |September 26, 2022 - 1:30PM

Non-Traditional Buyers

10 first-time buyer grants, loans, and programs available to New Yorkers

… rise this year All of these factors make it harder for many firsttime buyers to meet financing requirements if they dont … There are lots of options including government grants and loans designed to help firsttime buyers Private companies … help you buy a place in NYC for the first time … 1 HPDs HomeFirst … If you have a household income of up to 80 …

By Emily Myers |February 28, 2022 - 9:30AM