SONYMA State of New York Mortgage Agency Financing and Programs for First-Time Homebuyers and Veterans

Who We Are

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.

What We Do

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.

SONYMA Mortgage Benefits:

  • 30-year, competitive, fixed-rate mortgages with long-term lock rates.
  • SONYMA mortgages can be combined with a 0% interest loan for up to $15,000 for down payment/closing costs assistance.
  • SONYMA mortgages can be combined with other grants and subsidies to make homeownership possible.
  • SONYMA offers mortgages for co-ops and condominiums.
  • Homebuyers that haven’t owned a principal residence in 3 years or more, qualify as a first-time home buyer.

SCVOA Passes Resolution Opposing Offshore Drilling On Long Island

At its June 6th Executive Board meeting, The Executive Board of the Suffolk County Village Officials Association (SCVOA) passed a memorializing resolution in support of New York State’s application for an exemption from the new National Outer Continental Shelf Oil and Gas Leasing Program (see below).  The resolution places particular emphasis on the risks to the waters adjacent to the coastline of Long Island.

We urge you to strongly advocate for this exemption, which is critical to preventing catastrophic risks to the waters off of Long Island. Among other damaging effects, a denial of this exemption will result in the displacement of economies for the Long Island workforce including, but not limited to, the fisheries and tourism industries.

If you have questions or comments, please contact us.

Offshore Drilling – SCVOA Resolution

Resolution Ban “Bump Fire Stocks” For Use With Semi-Automatic Guns

At its February 7, 2018 Executive Board meeting, the Suffolk County Village Officials Association (SCVOA) passed a memorializing resolution opposing the sale of “bump fire stocks” for use with semi-automatic guns. SCVOA maintains that legislation banning “bump fire stocks” would be in the best interest of village residents and reflects the mission of government to protect its citizens from harm….

Read the rest here: Press Release Resolution Ban “Bump Fire Stocks” For Use With Semi-Automatic Guns