*Income limits may apply. HomeReady is a trademark of FannieMae.
  • Low down payment required
  • Gifts, grants and other approved funding sources may be used for closing costs
  • Learn more about grants available* through Homebuyer Dream ProgramTM
*Members must meet qualification requirements and be a first-time home buyer.
Requirements include:
  • First-time homebuyers who have not owned a home in the past 3 years and are purchasing in NY.
  • Must meet income limitations.
  • Must have the ability to provide at least $1,000 to the transaction from an acceptable source.
To learn more about the Homebuyer Dream ProgramTM, and the $14,500 grant* visit the Homebuyer Dream ProgramTM website.

*Members must meet qualification requirements and be a first-time home buyer.

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 current HDP funding period will begin July 8, 2019 and will end on the earlier of November 30, 2019, or when the fund is exhausted. The grant is a Federal Home Loan Bank of NY program. Membership eligibility required. Loan approval based on creditworthiness.

 
Available for double wide and modular homes only (certain restrictions apply).
  • Choose between owner-occupied and investor-owned with fixed and floating rates
  • Maximum loan-to-value 80%
Buying a home is a big deal. Do it right.

Link to Framework - visit the only online homebuyer course designed by experts in online learning. Once upon a time, buying a home was simple. Today, the game has changed. Whether you’re buying for the first time or the fifth, you need to be more savvy, more proactive. With homebuyer education, you can be. It’s not just about buying a home—it’s about staying in it. Research shows that informed homebuyers are successful homeowners.
 
Framework is the only online homebuyer course designed by experts in online learning. It’s comprehensive, so you’ll have all the facts you need to navigate every step of the buying process. And you can learn when, where, and how you like.

To get started, visit Framework.

If you’d like to learn more first, watch this short overview video:
 

NMLS #412348

 

What do you want out of life?

Empower Federal Credit Union welcomes employees of many companies, immediate family/household members of employees and retirees, as well as our outreach to underserved communities to enjoy personal and business banking solutions including auto loans, mortgages*, credit cards and more. Bank online, in any central NY branch, or call us at 315.477.2200.

* Home mortgages available in FL, PA, CT, NY and NC.