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Get Matched Free →Syracuse University Live Local Mortgage Program
Funding status: Active
How much assistance
Up to 100% financing with no PMI, plus a forgivable home improvement loan of up to $15,000 (10% of purchase price)
The forgivable home improvement loan is a 10-year interest-only loan with principal payable in five equal installments from the 6th through 10th anniversary of closing.
Eligibility
- Income limits: No specific income limits; must be a regular full-time or part-time Syracuse University faculty or staff member
- First-time buyer required: No
- Geographic restrictions: Home must be within program boundaries near Syracuse University campus.
- Homebuyer education required: No
How to Apply for Syracuse University Live Local Mortgage Program
Step 1: Confirm employment eligibility (regular full-time or part-time SU faculty/staff; new hires eligible from first day or upon receiving appointment letter). Step 2: Contact Solvay Bank Mortgage Department at 315-484-2205. Step 3: Identify a home within program boundaries. Step 4: Complete standard mortgage application through Solvay Bank.