MAP® HomeAssist

HomeAssist helps make homeownership more attainable by easing the upfront costs for income eligible buyers. Through the Federal Home Loan Bank of New York’s (FHLBNY) MAP® program, qualified borrowers could receive up to $12,000 in grant funding toward down payment and closing costs on a primary residence, with no repayment requirement.

HomeAssist is being made available on a first-come, first-serve basis. It provides mortgage assistance to reduce upfront homeownership costs for eligible borrowers.

Getting Started

Speak with an ESL Mortgage Originator

Please reach out to an ESL Business Development Mortgage Originator (585.336.1502), they will assist you by verifying HomeAssist eligibility, getting you prequalified or by submitting an application

Eligibility Requirements

To qualify for this grant, you must meet the following requirements:

  • Must be an ESL member to participate.
  • Must be at least 18 years of age.
  • Qualify for an eligible conventional fixed rate mortgage with full appraisal.
  • Eligible properties include primary residence single-family homes, condominiums, modular homes, and Planned Unit Developments (PUDs).
  • Minimum credit score of 660.
  • Maximum loan-to-value (LTV) of 95% and Total LTV with affordable secondary financing up to 105%.
  • Cash back at closing cannot exceed $250.
  • Only available with 45 Day Rate Lock commitments.

Income Limits & Mortgage Eligible Counties

The property must be located in one of the following counties within the State of New York and the borrower(s) income cannot exceed 80% of the area median income (AMI) which varies by county. Maximum income limits and eligible counties within the State of New York are as follows:

Income Limits & Mortgage Eligible Counties
County Income Limit
Albany $92,880
Allegany $70,800
Broome $75,600
Cattaraugus $70,800
Cayuga $70,800
Chautauqua $70,800
Chemung $65,520
Chenango $70,800
Clinton $75,440
Columbia $90,480
Cortland $73,760
Delaware $70,800
Dutchess $98,400
Erie $80,800
Essex $73,520
Franklin $70,800
Fulton $70,800
Genesee $77,520
Income Limits & Mortgage Eligible Counties
County Income Limit
Greene $83,440
Hamilton $75,440
Herkimer $71,200
Jefferson $66,720
Lewis $70,800
Livingston $83,120
Madison $83,280
Monroe $83,120
Montgomery $71,600
Niagara $80,800
Oneida $71,200
Onondaga $83,280
Ontario $83,120
Orange $98,400
Orleans $84,080
Oswego $83,280
Otsego $72,960
Putnam $99,760
Income Limits & Mortgage Eligible Counties
County Income Limit
Rensselaer $92,880
Saratoga $92,880
Schenectady $92,880
Schoharie $92,880
Schuyler $73,360
Seneca $75,120
St. Lawrence $71,280
Steuben $73,040
Sullivan $84,560
Tioga $75,600
Tompkins $97,680
Ulster $95,840
Warren $80,000
Washington $80,000
Wayne $83,120
Wyoming $73,440
Yates $71,040

ESL reserves the right to change the terms and conditions at any time, without prior notice. The applicant also fully understands that the limited funds are available on a first-come, first-served basis and even if the applicant meets all of the terms and conditions this does not guarantee that there may be funds available at the time that the applicant qualifies. ESL, in its sole discretion, may refuse to honor a MAP® HomeAssist funding request.

Grant stacking not available with this product.