Get up to $10,0001 for your first home2

with the Homebuyer Dream Program at The Summit

What’s more exciting than buying your first home?

Getting up to $10,000 in grant funds for the down payment and closing costs! Act soon – the 2022 Homebuyer Dream Program ends November 30th. See if you’re eligible.

Interested in the Homebuyer Dream Program?

Here’s who is eligible:

Homebuyers purchasing homes in New York State – within the counties in which The Summit lends.

Households at or below 80% of Area Median Income (AMI). See details.

home mortgage

First-time homebuyers who have not owned a home in the past three years.

Fill out the form to see if you’re eligible

Submit the form below and a member of our team will contact you with more information.

Want to find out more about our Homebuyer Dream program?

Contact our Mortgage Team today at (800) 836-7328 extension 7010. We’ll give you information and see if you qualify.

Destination Summit:

Owning Your First Home

If you’re a first-time homebuyer or just need a refresher on the ins-and-outs of home purchasing, this is the place for you. We’ll break down every part of the process, provide helpful tips, and connect you with information to help your home dreams come true. 

Credit Ratings, Pre-Approvals and Offer Letters: Three Pieces of Your Home buying Puzzle

In your new homebuying journey, when you have found “the one,” there’s a three-piece puzzle to put together. The pieces are: a solid credit rating, preapproval for a mortgage loan, and an offer letter to officially bid on the home. Credit Report When considering you for a home mortgage loan, financial institutions will run a […]

Learn Common Home Buying Terminology

Reduce confusion when buying a home with some common terminology Buying a home involves many people working toward the same goal: to get you into your new home. These people will use lingo that you may not be familiar with, so take a look at this quick guide to homebuying lingo that can help you […]

5 Mistakes All First-Time Homebuyers Should Avoid

Every new homebuyer runs into questions and challenges that are hard to predict as they move through this first experience. Check out some of the most common mistakes that first-time homebuyers run into, and how to avoid the same situations in your homebuying journey. Buying more house than you can afford This one may seem […]

THE SUMMIT IS AN EQUAL HOUSING LENDER and federally insured by NCUA. Membership eligibility required. Loan approval based on creditworthiness.

1. Members must meet qualification requirements and be a first-time homebuyer. Up to $9,500 for down payment and closing costs and $500 toward homebuyer education. HDP funds are distributed 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 provided from the Federal Home Loan Bank of NY program and subject to their approval.

2. A first-time homebuyer is defined as an individual who has not owned a home during the 3-year period prior to the purchase of the new home.