Homebuyer Dream Programs®
Open The Door to Your Dream Home
As a first-time homebuyer, the journey to homeownership can feel daunting—but Kearny Bank is here to support you every step of the way.
Get Started
The Homebuyer Dream Programs®, offered in partnership with the Federal Home Loan Bank of New York, are making homeownership more attainable than ever:
- Get up to $29,500 to use towards down payment and/or closing costs.
- Eligible borrowers can also utilize the assistance to pay for first-time homebuyer education and counseling.
- Program only available for a limited time until all funding is exhausted.
Eligibility Requirements
- Must be a first-time homebuyer
- For Homebuyer Dream Program Wealth Builder, must also be a first-generation homebuyer or live in a Majority-Minority Census Tract
- Purchase an eligible property in New Jersey or New York
- Property must be owner-occupied primary residence
- Must provide a fully executed Purchase and Sales Contract
- Minimum $1,000 equity contribution required
- Homeownership counseling required
- For Homebuyer Dream Program only, 5-year real estate retention agreement required
- Income restrictions apply
- Other restrictions may apply.
Speak with a Mortgage Advisor to learn whether you may be able to combine the Homebuyer Dream Program® or the Homebuyer Dream Program® Plus with the Homebuyer Dream Program® Wealth Builder.
