Many first‑time buyers in Westchester, Dutchess, and Putnam qualify for down‑payment/closing‑cost help and tax benefits—if you match income, purchase price, and occupancy rules.

Program Types (What to Look For)

• County/municipal grants or loans: Down‑payment and/or closing‑cost assistance with occupancy requirements.
• State‑backed options: Bond programs, mortgage credit certificates, interest‑rate assistance.
• Lender credits: Available with certain loan products and education courses.
• Employer/union benefits: Housing stipends or forgivable loans in select sectors.

Eligibility Checklist (Quick Screen)

• First‑time buyer status (no home in last 3 years) or qualified exception.
• Home is primary residence; you’ll live in it within 60 days of closing.
• Income & price caps by household size and county.
• Homebuyer education course completion (often online).
• Funds layering allowed? (some programs can be combined).

How to Apply (Step‑By‑Step)

1. Get pre‑approved and request a FTB options review.
2. Complete the homebuyer education course early.
3. Gather documents: last 2 years W‑2, pay stubs, bank/asset statements.
4. Select a program‑approved lender (if required).
5. Submit application before offer acceptance when possible.
6. Keep timelines aligned—some grants need 30–45 days.

What Kind of Homes Work

• Condos/townhomes in transit‑friendly towns; single‑family homes in value pockets.
• Property must meet minimum habitability standards (health/safety).
• Co‑ops vary—review board and financing rules early.

FAQs

Can I use help with a renovation loan? Sometimes; check program rules.
Do I have to repay grants? Some are forgivable after an occupancy period.
Can parents gift funds too? Often yes; disclose and document correctly.

Ask for my 2026 First‑Time Buyer Pack: eligible programs by county, lender list, education links, and active listings that fit.