Homebuyer dream programs

Saving for a home has never been easier

Sunmark is partnering with the Homebuyer Dream Program^TM to offer assistance to first-time homebuyers.
 

Homebuyer dream Program

Qualify for a grant up to $20,000 with the Homebuyer Dream Program^{TM **}

Grant funding will be open between January 8, 2024 - August 30, 2024 while funds last.

^{Here are the details:}

• Grant amount up to $20,000 towards down‑payment and closing cost assistance 
• Household is a first time homebuyer. As defined by the US Department of Housing & Urban Development (HUD), a first time homebuyer is someone who has not had ownership in a principal residence in the last three years.
• Household must meet maximum income allowances (less than 80% of Area Median Income) for the county in which they are purchasing property
• Homeownership counseling certificate to be obtained. Certificate can be achieved through various programs, including one of the options below
   

Homebuyer dream Program plus (HDP PLUS)

Qualify for a grant up to $10,000 with the Homebuyer Dream Program PLUS (HDP PLUS)^{TM **}

Grant funding will be open between March 18, 2024 - August 30, 2024 while funds last.

^{Here are the details:}

• Grant amount up to $10,000 towards down‑payment and closing cost assistance 
• Household is a first time homebuyer. As defined by the US Department of Housing & Urban Development (HUD), a first time homebuyer is someone who has not had ownership in a principal residence in the last three years.
• Household must meet maximum income allowances (greater than 80% and less than 120% of Area Median Income) for the county in which they are purchasing property
• Homeownership counseling certificate to be obtained. Certificate can be achieved through various programs, including one of the options below

Homeownership counseling options

• Homeownership counseling certificate to be obtained. Certificate can be achieved through various programs, including one of the following:
  • Troy Rehabilitation & Improvement Program (TRIP) / Rensselaer County Housing Resources (RCHR)
  • Albany County Rural Housing Alliance (ACRHA)
  • Better Neighborhoods, Inc (BNI)
  • Affordable Housing Partnership (AHP)
  • U.S. Department of Housing and Urban Development (HUD)
  • More options available

To apply or to receive more information on either program, fill out the form below, call 866-SUNMARK, or visit any Sunmark location.

** Must meet program requirements. Subject to available funding from Federal Home Loan Bank.