1. EVANS AFFORDABLE PROGRAM
- Low down payment – little as 3% and no PMI
- Evans Bank will pay up to $3000 of your closing costs
- Up to 25% of the loan amount can be used for renovations/repairs
2. EVANS HOME BUYER DREAM PROGRAM
- Up to $20,000 grant for first-time homebuyers (income limits may apply)
- Offered 1/8/24 to 8/30/24 – or until funds are used
- Homebuyer Education and a fully executed contract required
- Can be combined with other offers
- Eligibility requirements apply
3. COMMUNITY BANK BUFFALO PROGRAM
- Offer is available to those who currently live in select zip codes or who will be purchasing in select zip codes
- up to 100% financing, no down payment required
- No closing costs, with the exception of certain items
- no PMI
- Primary residences only- 1 or 2 family homes
- Purchase price cannot exceed $328,500
4. Premium Mortgage Neighborhood Vitality Credit
- Specialized financing fund to incentivize home purchases in historically disadvantaged communities
- If a borrower is purchasing in one of the targeted locations, Premium Mortgage will provide a $2,000 credit
- Home buyer and Credit Counseling services available.
5. KEY BANK NEIGHBORS FIRST CREDIT
- $5,000* homebuyers can use for closing costs and to prepay other costs such as the mortgage, flood and hazard insurance and real estate taxes.
- Buy an owner occupied home with a residential mortgage through KeyBank.
- Home must be in an eligible census tract
6. KEY BANK WELCOME HOME PROGRAM
- Up to a $25,000 grant for closing costs and down payment assistance
- Designed to assist low- to moderate-income buyers achieve homeownership
- Buyers must contribute at least $500 of their own funds toward their down payment or closing costs for the purchase transaction
- Property must be used as primary residence
- The buyer does not have to be a first-time home buyer to be eligible for the grant*
- The grant can be used in conjunction with Conventional, Federal Housing Administration (FHA), and Veterans Affairs (VA) home loans
7. SONYMA DPAL PLUS
- $5 million in down payment and closing cost assistance funds are available on first come, first served basis.
- Borrowers must be a first-time buyer. (eligible military veteran or purchasing a home in a Target Area may quality).
- SONYMA DPAL Plus Is a 0% Interest rate, 2nd llen, forgiven when the borrower occuples the subject property for 10 years.Property must be used as primary residence
- Borrowers with less than a 20% down payment will require Private Mortgage Insurance (PMO).
- Sales price and appraised value cannot exceed SONYMA area limits
- Purchase price cannot exceed $500,000
*All of this information is subject to change. This is not an offer for extension of credit or commitment to lend.
**Equal Opportunity Lender