Through the extensive pre-purchase counseling programs of our community groups, NYMC reaches over 3,000 individuals and famililes considering their first home purchase. Our lenders provide competitive fixed-rate loans which include closing cost and down payment subsidies on a need basis.
NYMC comprises financial institutions and community-based housing counseling groups working together to increase affordable homeownership throughout the Greater New York region. Our participating financial institutions are:
Becoming a Participating NYMC Lender: NYMC’s community groups are supported by the generous annual contributions of our member banks. To be eligible for NYMC membership a bank must be CRA-regulated and maintain a deposit-taking retail presence in the New York metropolitan market. For more information on becoming a participating NYMC lender please contact Executive Director Rebecca Senn (Rebecca.S@nymc.org) at 212.742.0762 ext 1.