05/29/2021: Homebuyer Dream Program Available Now

Are you a first-time home buyer?

seneca savings federal grant homebuyer dream program first time home buyers


Right now there’s an amazing federal grant program for first-time home buyers that you may qualify for and can get right here through Seneca Savings.


Qualify for up to $10,000 toward the closing costs and down payment of your home with the

Homebuyer Dream Program



Eligibility Requirements:

  • Must be a first-time homebuyer who has not owned a home in the last three years and is purchasing in New York State
  • Meet the income and credit requirements for the program
  • Provide at least $1,000 toward your home purchase from a verifiable source
  • Remain in the home for five years or repay a portion of the grant funds back to FHLBNY
  • Complete an acceptable home buyer counseling program

These requirements are subject to change and additional criteria may apply.


This program is offered on a first come, first serve basis. There is no guarantee that funds will be available when your Reservation Request is submitted. The grant is a Federal Home Loan Bank of NY program.

To learn more about the Homebuyer Dream Program, and the $10,000 grant ($9,500 towards closing costs / $500 towards hombuyer’s counseling program) visit the Homebuyer Dream Program website.


Eric Morgan Mortgage Lender Seneca Savings homebuyer dream program


“I love being able to build a bridge from here… to there. The Thank You notes I receive from first time home buyers line my walls and it’s a thrill and a privilege to help you get started today on your journey to getting your first home!”  – Eric Morgan, Seneca Savings


Contact Eric Morgan (NMLS #38323) to see if you qualify