Loans /

Home Financing Programs

The smell of freshly cut grass in your very own yard is something we want all of our customers to experience. Let us help you get your dream home — without breaking your budget! We offer special programs that can potentially reduce home buying costs and get you into your home that much faster.

Learn more about our programs, and contact one of our Mortgage Loan Officers today to see if one is right for you!

    First Home Club

    With the Solvay Bank First Home Club savings program, you can start saving for your home’s down payment and closing costs — and earn a generous grant to help meet your goal faster!

    Visit our First Home Club page for more detail.

    Homebuyer’s Assistance Program

    For eligible individuals, receive a Buyer’s Credit up to $1,500 towards closing costs when purchasing a home in Onondaga County and receiving mortgage financing at Solvay Bank.

    Qualifications

    In order to qualify for the Solvay Bank Homebuyer’s Assistance Program, applicants must meet the following requirements:

    • Have a total household income of 80% or less of median area income for Onondaga County
    • Purchase and maintain a home as a primary residence in Onondaga County
    • Qualify for and obtain mortgage financing through Solvay Bank
    • Agree to sign a three-year Recapture Clause at the time of closing

    There are a limited number of Buyer’s Credits available.

    HomeReady™ Mortgage Program

    This borrowing program works with creditworthy, low-to-moderate homebuyers, with expanded eligibility for financing homes in certain communities.

    To find out if you qualify, please contact one of our Mortgage Loan Officers at 315-484-2205!

    Onondaga County Homeownership Program

    The Onondaga County Homeownership Program purchases, rehabilitates, and sells single-family homes at a subsidized price to qualifying homebuyers. As a partner lender in Onondaga County, we provide mortgage financing options for participants in this county program.

    Contact one of our experienced lenders today at 315-484-2205 to see if you qualify!