First Mortgage

Closing Cost Assistance

Please submit all questions, applications and supporting documents directly to:

Chelsea Haynes - (315) 474-1939 x6667 | chelseah@homehq.org | Kylie Miller - (315) 474-1939 x6675 | kyliem@homehq.org

or info@homehq.org

First Mortgage Financing

PROGRAM DETAILS

  • The mortgage currently has a 6.99% interest rate and is payable over 25 years and requires only 2% down.

  • No PMI

  • Borrower must enroll in Auto-Pay (where payments are automatically deducted from your bank account).

  • Additional Closing Cost Assistance may be available for eligible first-time homebuyers utilizing Home HeadQuarters’ purchase financing.

ELIGIBILITY REQUIREMENTS

  • If you are a first-time homebuyer, you must complete the Homebuyer Education Course through the HomeOwnership Center at Home HeadQuarters.

  • You must plan to occupy and live in the home as your primary residence.

Start with our Pre-Qualification Application here:

Closing Cost Assistance

Home HeadQuarters offers loans up to $5,000 to help qualified, first-time buyers cover closing costs for a home located anywhere in New York State excluding New York City.

PROGRAM DETAILS

Eligible buyers may borrow up to $5,000 at a simple interest rate of up to 6%, payable over five (5) years. Customers who fall below 80% of HUD median income guidelines (based on family size) may qualify for a 3% interest rate.

ELIGIBILITY REQUIREMENTS

  • You must qualify as a first-time homebuyer

  • You must complete the Homebuyer Education Course through the HomeOwnership Center at Home HeadQuarters.

  • You must plan to occupy and live in the home as your primary residence.

  • You must have a signed purchase offer.

  • You must provide at least $500 of your own funds toward the purchase of the home.

  • Your first mortgage must originate with Home HeadQuarters, a bank, mortgage company or credit union.

  • Other eligibility requirements may apply.

 

While She Can't Believe It's True, Ivonne Fernandez is Officially a First-Time Homeowner—In a Net Zero Home No Less!

 

When Ivonne Fernandez walked into Home HeadQuarters to sign up for HomeBuyer Education Classes offered in Spanish, little did she know that she would be purchasing a newly-constructed Net Zero home within months of taking the class. The home, built by Home HeadQuarters, is a high-performing all-electric home featuring a heat pump and soon to be installed solar panels. The house should produce as much energy and it uses, thus the “Net Zero” label.

Ivonne utilized nearly every HomeBuyer program and service Home HeadQuarters can offer: she enrolled in the 8-hour HomeBuyer Education Course; met with a HUD-certified Housing Counselor; utilized a realtor with Home HeadQuarters’ affiliate CNY Affordable Realty; utilized a Home HeadQuarters first mortgage; took advantage of closing cost assistance and ultimately purchased a home constructed by the organization’s Opportunity Headquarters construction team.

See Ivonne’s full story HERE and her long journey in making homeownership a reality. Happy Homeownership Ivonne!