The Homebuyer Dream Program® (HDP) is a grant program financed by the Federal Home Loan Bank of New York (FHLBNY) to assist individuals and families with the purchase of their first home.
A grant of up to $20,000 per household -
- $19,500 for the down payment and other expenses
- $500 for defrayment of non-profit counseling agency costs
- First-time homebuyer
- Total household income at or below 80% of the Area Median Income for the county in which the property is being purchased. View current guidelines
Meet with a CNB Mortgage Loan Originator (MLO) to determine if the HDP is a fit for your household, and if so we can begin the process of submitting a grant "Reservation" request to the FHLBNY.
Seasoned Professionals
Our knowledgeable and experienced Mortgage Loan Originators will guide you through the process.
Local Processing
Our local decision making and loan processing makes the process fast and worry-free.
Personalized Service
At CNB Mortgage Company, our goal is to work one-on-one to find the best loan solution for you.
A grant of up to $20,000 per household -
- $19,500 for the down payment and other expenses
- $500 for defrayment of non-profit counseling agency costs
- First-time homebuyer
- Total household income at or below 80% of the Area Median Income for the county in which the property is being purchased. View current guidelines
Meet with a CNB Mortgage Loan Originator (MLO) to determine if the HDP is a fit for your household, and if so we can begin the process of submitting a grant "Reservation" request to the FHLBNY.
Seasoned Professionals
Our knowledgeable and experienced Mortgage Loan Originators will guide you through the process.
Local Processing
Our local decision making and loan processing makes the process fast and worry-free.
Personalized Service
At CNB Mortgage Company, our goal is to work one-on-one to find the best loan solution for you.