Homebuyer Dream Program®

Overview

Financial Help for First-Time Homebuyers!

Owning a home just became easier! If you’re a first-time homebuyer, the Homebuyer Dream Program®* may be for you.

House for sale lawn sign

Earn $8,500 towards your first home

Features & Benefits

First-Time Homebuyers May Earn $8,500 

 

Qualifying criteria:

    • Must be a first-time home buyer who has not         
      owned a home in the last three years.

    • Complete a homebuyer counseling course.

    • A fully executed purchase contract prior to the     
      application.

    • Work a minimum of 32 hours a week.

    • Personal savings of $1,000.

    • Maximum income limits apply.

    • 2-4 family units must include 75% of the projected            
      rental income.

    • Non-owner co-signers must include income.

 

Benefits:

    •  Minimum equity contribution of $1,000 can 
       be gifted to buyer without systematic savings.

    •  Reduces your costs to help you own a home.

coins and dollar sign

 


 

The Homebuyer Dream Program is a Powerful Tool for Getting into Your First Home. Get Started Today!

  • Call 518-783-1234 or 800-444-6313 to speak with a Mortgage Originator
  • Visit our online mortgage center to learn more about our other mortgage and home equity products

For more information on affordable housing options, contact one of the organizations listed below.
 

Capital Region
Affordable Housing Partnership
255 Orange Street
Albany, NY 12210
518-434-1730
ahphome.org

Albany County Rural Housing Alliance, Inc. (ACRHA)
P.O. Box 58, Faith Plaza Ravena
Ravena, NY 14143
518-765-2425
acrha.org


Troy Rehabilitation & Improvement Program (TRIP)
15 River Street
Troy, NY 12180
518-690-0020
triponline.org

Syracuse
Home Headquarters, Inc.
124 East Jefferson Street
Syracuse, NY 13202
315-474-1939
homehq.org

Buffalo
Belmont Housing
1195 Main Street
Buffalo, NY 14209
716-884-7791
belmonthousingwny.org

Homefront
560 Delaware Avenue, Suite 101
Buffalo, NY 14202
716-856-2952
780fillmore.org

Binghamton
Ithaca Neighborhood Housing Services (NHS)
115 West Clinton Street
Ithaca,  NY  14850
607-277-4500
ithacanhs.org

 

 


Get Started

Enroll in SEFCU's Homebuyer Dream Program today

 

Not a member?

Join SEFCU

 

 

 

 

 

Visit a branch near you

Call 800-727-3328

 

Financial Education

Calculator

Homebuyer Dream Program

First-time homebuyer program

Earn $8,500 towards your first home

 

 

View program

*This program is offered on a first-come, first-served basis. Income limits apply.