Skip to Main Content

Homes and Community Renewal

Construction Incentive Program


Ready to buy a home? We're ready to help!
Call us today at 1-800-382-HOME (4663)

sonyma logo

The Homes for Veterans Program:

Interest Rate
For complete program details, click here.

The Construction Incentive Program provides up to 97% financing to qualified first-time homebuyers who purchase newly constructed or rehabilitated homes and offers a longer term- rate lock period.

Down payment assistance is available for the Construction Incentive Program.

All SONYMA Mortgage Programs require borrowers to meet certain Household Income and Purchase Price limits.

To apply for a SONYMA loan you must contact one of over 50 Participating Lenders located statewide.


To compare the Construction Incentive Program with all other SONYMA mortgage programs, see our Program Comparison Chart