The New York Mortgage Coalition, a nonprofit organization, is a unique collaboration of financial institutions and community housing agencies dedicated to helping low to moderate-income families become first-time homebuyers in the Greater New York area. Through financial workshops and one-on-one counseling, NYMC's 11 housing groups prepare qualified borrowers for responsible homeownership.
The New York Mortgage Coalition’s pre-purchase homeownership counseling program gives potential homeowners access to 11 nonprofit, HUD-Approved housing counseling agencies and lenders that offer competitive, fixed-rate mortgages which may include closing cost grants and downpayment assistance subsidies.
NYMC housing counseling agencies provide financial and housing education year-round in all five boroughs, Suffolk County, Nassau County, Westchester County, Orange County, Putnam county, Rockland County and Dutchess County.
In addition, the New York Mortgage Coalition provides foreclosure prevention counseling, credit repair workshops, post-purchase homeownership programs and home maintenace and improvement classes.