SONYMA has launched its new automated underwriting system called SONYMA Express® to help lenders get an immediate and automatic SONYMA loan approval! We are currently in the process of making the system available to more lenders. Click here for more information and below, under “Lender Training Materials” for other SONYMA Express®-related information.
Click here to access SONYMA's Lender Online. Click here to view Lender Online Log-in Tips. Reserve SONYMA loans online, get loan statuses, print forms, and run pipeline reports using this internet-based reservation and information system. To download the Lender Online User Guide, click here.
To download instructions on how to run reports on Lender Online please click here.
Click here to download the most recent lender announcements and Seller's Guide updates using Adobe Acrobat Reader.
Download the SONYMA Weekly Bulletin using Adobe Acrobat Reader.
Download the SONYMA Monthly Lender Notice using Adobe Acrobat Reader.
Click here to download SONYMA mortgage application and closing forms using Adobe Acrobat Reader.
Click here to download SONYMA's Project Set-Aside Approval List using Adobe Acrobat Reader.
This Project Set-Aside Approval list is designed to provide you with certain information pertaining to SONYMA's approved condominium and co-operative projects. The Project Set-Aside number (PSA #) must be utilized when reserving the loan on our Lender Online (LOL) system. If the development does not appear on the Lender Online (LOL) drop-down, please contact our Project Set Aside Director, Marie Cammarata, at 212-872-0401, for assistance. If you see that the number of units are near or close to the allotted loans available for financing, we strongly recommend that you contact us to see if any units are available for financing. This report is updated bi-weekly and may not be up to date at the time of your reservation. If our project approval has expired, please fax (917-274-0401) or email (firstname.lastname@example.org) the following documents to us for review:
Disclaimer: While SONYMA will make every effort to ensure that the information contained in the project list is accurate, it does not guarantee so. The report will be updated twice per month. If the number of Loans Available for Reservation is low, please contact Marie Cammarata at (212) 872-0401 or email@example.com before registering a loan.
Download Seller's Guide (excludes Exhibits and Appendices) using Adobe Acrobat Reader. For Seller's Guide updates, refer to Lender Announcements and Technical Training Seminar Notes.
Download the current Income and Purchase Price Limits Charts using Adobe Acrobat Reader.
Low Interest Rate and Construction Incentive Programs *effective date of 6/29/16
Achieving the Dream Mortgage Program *effective date of 6/29/16
Click here to download prior versions of Income and Purchase Price Limits Charts using Adobe Acrobat Reader.
For Lenders not servicing SONYMA loans, click here to download procedures to transfer servicing using Adobe Acrobat Reader.
Download the most recent Recapture Provision Charts using Adobe Acrobat Reader.
Click here to download the most recent SONYMA brochures/flyers using Adobe Acrobat Reader.
Download the latest handouts from SONYMA's training seminars designed to answer all your questions on:
Download SONYMA Listing for Federally Approved Target Areas for Economic Development using Adobe Acrobat Reader.
To obtain a census tract or BNA and block group for a property, click here for instructions on how to get this information from the U.S. Census Bureau website.