Eligible individuals can receive a Buyer’s Credit of up to $1,250 toward closing costs when purchasing a home in Onondaga County and receiving mortgage financing at Solvay Bank.
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.
To learn more about the Solvay Bank Homebuyer Dream Program contact a Solvay Bank Mortgage Loan Officer today at 315-484-2205 or [email protected]