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Homebuyer Dream Program™

Earn up to $10,000 towards your first home!

Owning a home just became so much simpler! With the Homebuyer Dream Program™* qualified first-time homebuyers may receive a grant of up to $10,000!

Are you qualified for the Homebuyer Dream Program™*?

Eligibility Requirements:

  • Borrowers must be a first-time homebuyer
  • Income must be at or below 80% of the Area Median Income1
  • Must remain in the home for 5 years after the purchase
  • Must meet the income and credit requirements for the program
  • $1,000 equity contribution required
  • Must attend homeownership counseling

More Details:

  • Up to $9,500 towards down payment and closing cost assistance to eligible first-time homebuyers 
  • Up to $500 in grant funding is available to offset the cost of the homeownership counseling costs
  • Visit the Federal Home Loan Bank of New York website to learn more about the program

The Homebuyer Dream Program™ is a first come, first served offer!**

You don't want to miss out on this opportunity! Use the provided contact form to connect with a lending expert.

1 For the county in which the household is purchasing, adjusted for household size.

*The Homebuyer Dream Program is a registered trademark of the Federal Home Loan Bank of New York.  Additional program details are available on the Federal Home Loan Bank of New York website.  Please work with your Generations Mortgage Loan Originator to discuss your specific situation.

**Until funds are exhausted.

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We're excited you want to join the Generations family!

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