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Homes and Community Renewal

Lenders Servicers Home Builders Real Estate Agents SONYMA Advisory Council Home Buyers Home Owners Renters Income Limits Municipalities/Non-Profits AHC Grantees Neighborhood Stabilization Program (NSP) Homeownership Development Financing Multifamily Development Financing Low Income Housing Tax Credit Program Multifamily Financing Applications Multifamily Owners & Property Managers

Single Premiums for SONYMA Bond Financed Programs*

MIF Coverage Loan to Value Ratio Reduces Exposure To Fixed Payment
28% 97.01 - 100% 72% 4.45
26% 96.01 - 97% 72% 4.17
25% 90.01 - 96% 72% 3.78
20% 85.01 - 90% 72% 2.35
17% 80.01 - 85% 71% 2.03
  • Loans must fully amortize in 30 years.
  • The "Reduces Exposure To" calculation is based on the highest Loan to Value Ratio in each category.

  • 28% coverage is for Habitat for Humanity and Home of Your Own Programs only.
  • Premiums are Non-Refundable.

*Note: Habitat for Humanity, Home of Your Own Programs, and if applicable, Low Interest Rate and Achieving the Dream Programs.

Last updated: 10/23/2012