Homebuyer Dream Program

Qualify for up to $15,000 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

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 $15,000 grant visit the Homebuyer Dream Program website.


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