The New York Mortgage Coalition (NYMC) is a nonprofit organization that brings together financial institutions and community housing agencies to promote responsible and sustainable homeownership for minority and low to moderate-income individuals and families in New York City and surrounding counties. They provide homebuyer education, counseling, and financial literacy programs, as well as access to competitive loans, closing cost grants, and down payment assistance. NYMC has helped over 10,000 New Yorkers purchase their first homes since 1993.
With a mission to expand homeownership opportunities, NYMC supports neighborhood-based nonprofit members in pre-purchase counseling and post-purchase education. They also play a crucial role in preserving homeownership by offering workshops and counseling to troubled homeowners through foreclosure prevention programs. Through their efforts, NYMC has made a significant impact in promoting affordable homeownership in the Greater New York area.
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