About

Since 1970, The State of New York Mortgage Agency has been providing financing and programs designed for first-time low- and moderate-income homebuyers in New York State.

SONYMA partners with approved participating mortgage lenders across the state to offer 30-year, competitive, fixed-rate mortgages with special features to help low and moderate income New Yorkers become homeowners. SONYMA mortgages are available to qualified buyers to purchase single-family homes, homes with two to four units, co-ops, and condominiums.

To learn more about SONYMA and its program at hcr.ny.gov/sonyma