Homebridge Mortgage

HOMEOWNERSHIP IN NEW YORK IS POSSIBLE WITH A Down Payment Assistance Loan

Live in New York and worrying about coming up with the money for a down payment and closing costs? Homebridge is happy to offer the State of New York Mortgage Agency's (SONYMA) Down Payment Assistance Loan (DPAL) which is available for all buyers using a SONYMA mortgage program. This product can help provide the initial funding you need to make your dream of homeownership a reality.

Benefits

ZERO INTEREST NO MONTHLY PAYMENTS FORGIVEN AFTER 10 YEARS

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Minimum loan amount: $1,000 Maximum loan amount: 3% of the purchase price (up to $15,000) or $3,000, whichever is highest

CONTACT ME TODAY TO SEE IF THE SONYMA DOWN PAYMENT ASSISTANCE LOAN IS RIGHT FOR YOU!

1 All or a portion of your Down Payment Assistance Loan may be required to be repaid if you sell your home or refinance your mortgage within the first 10 years of purchase. The amount subject to possible repayment will decrease by 1/120 per month each month you live in the property. In the event the proceeds from the sale of your home is not enough to pay any repayable amount, the shortage will be forgiven. Homebridge is not affiliated with or acting on behalf of SONYMA. Please visit https://hcr.ny.gov/optional-add-features to see full list of features and qualifications.

42-20 Bell Blvd., Suite 101 Bayside, NY 11361

KENNEDY MYKOO

VISIT US ONLINE

Area Manager | NMLS #404358 (917)771-4675 | kennedy.mykoo@homebridge.com (917) 771-4675 I (631) 464-7488 Homebridge Financial Services, Inc.; Corporate NMLS ID #6521 (www.nmlsconsumeraccess.org); 194 Wood Avenue South, 9th Floor, Iselin, NJ 08830; (866) 933-6342. Licensed Mortgage Banker – NYS Dept. of Financial Services; 152 Madison Ave., 23rd Floor, New York, NY 10016. Branch Address: 42-40 Bell Boulevard, Suite 101, Bayside, New York 11361; Branch NMLS #1563754. This is not an offer for extension of credit or a commitment to lend. Loans are currently being closed and committed at thekennedy.mykoo@homebridge.com expressed rates, however these rates may change or may not be available at the time of your interest rate lock-in, commitment or closing. All loans must satisfy company underwriting guidelines. Interest rates and Annual Percentage Rates (APRs) are: based on recent market rates, for informational purposes only, subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value ratio, credit score and other factors. Terms and conditions apply. Additional loan programs may be available. This is not an offer to enter into a rate lock agreement under MN law, or any other applicable law. Call for details. 12/2021 Rev. 3.28.22 (0322-10314) LR2022-136 Homebridge Financial Services, Inc.; Corporate NMLS ID #6521 (www.nmlsconsumeraccess.org); 194 Wood Avenue South, 9th Floor, Iselin, NJ 08830; (866) 933-6342. Licensed Mortgage Banker – NYS Dept. of Financial Services; 152 Madison Ave., 23rd Floor, New York, NY 10016. Branch Address: 42-40 Bell Boulevard, Suite 101, Bayside, New York 11361; Branch NMLS #1563754. This is not an offer for extension of credit or a commitment to lend. Loans are currently being closed and committed at the expressed rates, however these rates may change or may not be available at the time of your interest rate lock-in, commitment or closing. All loans must satisfy company underwriting guidelines. Interest rates and Annual Percentage Rates (APRs) are: based on recent market rates, for informational purposes only, subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value ratio, credit score and other factors. Terms and conditions apply. Additional loan programs may be available. This is not an offer to enter into a rate lock agreement under MN law, or any other applicable law. Call for details. 12/2021 Rev. 3.28.22 (0322-10314) LR2022-136