You do not have to search for a bank or a loan officer on your own.
Your counselor works with specific banking partners who understand the NSP2 program. Certain lenders offer purchase/renovation loans (FHA 203k or SONYMA Remodel New York) which allow you to buy and fix up a home using one loan, which means just one closing. Your NSP2 counselor will refer you to their loan officers at these banks when you are ready for pre-qualifications and help you choose one of their sustainable mortgages when you’re ready to buy.
For the NSP2 program, you will use one of these participating lenders:
- Astoria Federal Savings and Loan Association
- Bank of America
- Capital One
- HSBC Bank
- JP Morgan Chase
- M & T Bank