We’ll help you find the best mortgage to fit your needs

We’re making the dream of home ownership come true with a variety of mortgage options for – but not limited to – first time homebuyers and veterans. 

Explore our Affordable and Regional mortgage programs and then get started with a rate quote, request financing, or speak with one of our Mortgage Consultants who can help assist you in finding the best mortgage to fit your needs.

Affordable and Regional Mortgages

Designed for, but not limited to, first time homebuyers

 Up to $7,000 in closing cost assistance


HSBC’s CommunityWorks®1 offers an affordable low down payment mortgage option. This program may be combined with eligible grants to help pay for costs associated with obtaining a mortgage.

  • Loans up to 97% of the appraised property value or purchase price, whichever is lower
  • Competitive mortgage rates
  • Loans for 1-4 unit family dwellings, condominiums, cooperatives2 and homes in planned unit developments (PUDs)
As low as 3% down payment requirement


HSBC’s HomeReady®3 mortgage offers an affordable low down payment option. HomeReady® requires minimal out of pocket funds, and considers income from a non-occupant co-borrower or a renter for qualification.

  • Flexibility for non-occupant co-borrowers
  • Loans for 1-4 unit family dwellings, condominiums, planned unit developments (PUDs) and cooperatives2
  • Limited cash out refinancing5


Loans for 1 to 4-unit family dwellings, condos, and PUDs

Home Possible®

HSBC’s Home Possible®3 mortgage offers flexible and affordable options to meet borrowers’ needs. Home Possible® offers the stability of a fixed-rate mortgage, requires minimal out-of-pocket funds, and allows flexible sources of funds.

  • As low as 3% down-payment requirement
  • Non-occupying co-borrowers permitted for 1-unit properties with qualifying LTV ratios
  • No reserve requirement for 1-unit properties6


Up to a  $14,500 grant  towards down payment & closing costs

Homebuyer Dream Program™

Only available for prospective homebuyers in New York or New Jersey

HSBC is partnering with the Federal Home Loan Bank of New York to offer down payment and closing cost assistance. The Homebuyer Dream Program7 helps first-time homebuyers become home owners. 

  • For first-time homebuyers8 purchasing a home in eligible counties within NY or NJ
  • Home ownership counseling completion by at least one homebuyer
  • First-time homebuyer needs to meet all program requirements, including household income guidelines9


For more information on this program contact


Low down payment and lower credit scores

Federal Housing Administration (FHA)

FHA loans10 provide an excellent start for first-time homebuyers.

  • Lower credit score requirements and lower minimum down payment
  • Existing 1- to 4 family homes eligible
  • Streamlined refinance programs also available
Down payment assistance. loan availability, secure by your property


Only available for prospective homebuyers in New York

If you live in New York State and are a first-time homebuyer, a SONYMA (State of New York Mortgage Agency)11 loan may be a great choice for you. Designed to provide affordable mortgage financing, SONYMA loans offer you the chance to buy an existing home or build a brand new one.

  • SONYMA is a competitive, fixed interest rate program
  • Borrower’s income must meet SONYMA’s Household Income Limit requirements
  • SONYMA loans are only available for New York State properties and only to the owners of Owner-Occupied Primary Residences


For more information on this program, contact one of our SONYMA mortgage consultants

100% financing of purchase price

Veteran’s Affairs (VA)

Whether you’re actively serving, a qualified veteran, or a surviving unmarried spouse of a qualifying veteran who has served our country, a VA loan10,12 may be right for you.

  • No down payment with low closing cost options
  • No mortgage insurance (MI)
  • Streamlined refinance programs also available

Get started

Rates quote

Your personal mortgage consultant will contact you with your personalized rate.

Mortgage financing request 

Take the first step to get prequalified to buy or refinance your home.

Connect with a Mortgage Consultant

Call 844.HSBC.MTG (844.472.2684) to speak with a Mortgage Consultant to learn more.

Home ownership resources

1 The CommunityWorks® program is only available in Washington, D.C. and specific counties in CA, CT, DE, FL, MD, NJ, NY, PA, VA, and WA. Certain income level restrictions may apply depending upon property location. 

2 Mortgage financing on cooperatives is only available in NJ, NY & Washington DC

3 Certain income restrictions may apply and properties must be owner occupied, primary residences. Homeownership education is required for at least one borrower on all purchase transactions.

4 Minimum of 3% down for purchases of a 1-unit owner-occupied property. Certain income level restrictions may apply depending upon property location.

5 If a loan was obtained to make an all-cash purchase, cash-out loan proceeds may be reduced by repayment amount(s).

6 No reserves required for 1-unit properties applies for manually underwritten mortgages.

7 Homebuyer Dream Program is a registered trademark of the Federal Home Loan Bank of New York. Application to the Homebuyer Dream Program does not guarantee approval of any mortgage loan through HSBC Bank USA, N.A. Borrower must meet program, income and underwriting standards and purchase an eligible property type. Limited funds are available on a first-come, first-serve basis. A minimum of $1,000 equity contribution toward purchase.

8 First-time homebuyer as defined under HUD. 

9 Total gross family income cannot exceed 80% of the area median income (Mortgage Revenue Bond limits) based on family size for the county the property being purchased is located.

10 HSBC is an approved government-sponsored lender and offers Veterans Affairs (VA) and Federal Housing Administration (FHA) mortgages for qualified customers.

11 Available for prospective home buyers in New York. Certain household income limit restrictions apply and properties must be owner occupied, primary residences.

12 You may be eligible for this loan if you are an honorably discharged veteran; an active duty service member; an un-remarried surviving spouse of a military service member; a reservist; or a National Guardsperson.

If you are a service member on active duty looking to refinance your mortgage loan, please consult your legal advisor regarding whether your existing mortgage loan is eligible for benefits under the Servicemembers Civil Relief Act and how a refinance may impact those benefits. 

Mortgage and home equity products are offered in the U.S. by HSBC Bank USA, N.A. and are only available for properties located in the U.S. Subject to credit approval. Borrowers must meet program qualifications. Programs are subject to change. Geographic and other restrictions may apply. Discounts can be cancelled or are subject to change at any time and cannot be combined with any other offer or discount.