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If you're a first-time homebuyer in the market for a new home SEFCU's Mortgage Match program can help you save the money you need for your downpayment. When you enroll in Mortgage Match, you'll earn $4 for every $1 you save up to a maximum match of $7,500.
As part of the program, you make monthly deposits into a Mortgage Match account for a minimum of 10 months - up to 24 months - of at least $20 per month. You'll also need to attend free seminars on finance and homeownership to help you learn how to budget and pay bills. At the end of the saving period, you'll receive a match from the Federal Home Loan Bank (FHLB) that is equal to $4 for every $1 you saved.
For more information on affordable housing options or to get started with Mortgage Match, contact one of the organization's listed below.
Capital Region Affordable Housing Partnership 255 Orange Street Albany, NY 12210 518-434-1730 www.ahphome.org
Syracuse Home Headquarters, Inc. 124 East Jefferson Street Syracuse, NY 13202 315-474-1939 www.homehq.org
Buffalo Homefront 560 Delaware Avenue, Suite 101 Buffalo, NY 14202 716-856-2952 www.homefrontbflo.org
Binghamton Consumer Credit Counseling Center 49 Court Street Binghamton, NY 13901 607-723-2671 www.CreditHelpNY.org
Best of all, you can apply online, simply visit our Mortgage Center, or call a SEFCU Mortgage Originator at 518-451-2941. Outside the 518 area code call 866-733-2880 x 2941. |
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