SONYMA Achieving the Dream Program

About This Program

SONYMA offers the lowest interest rate 30-year fixed mortgage with only 3% down (1% from buyer). DPAL PLUS provides forgivable loans up to $30,000 for down payment and closing costs. Available to first-time buyers and eligible veterans.

DPAL PLUS forgivable loan up to $30,000 for down payment assistance

Key Details

• Lowest SONYMA interest rate on 30-year fixed mortgage
• Only 3% down payment required (1% from buyer)
• DPAL PLUS: up to $30,000 forgivable loan for down payment
• Must be first-time buyer or eligible veteran
• Homebuyer education course required

How to Apply

Deadline: Ongoing