Hi Jeff, Tim's answer below is very informative, in NY we also have SONYMA mortgages which are insured by the state. SONYMA also has a down paymrent assistance program. Please e-mail me if you'd like the contact information for a mortgage broker. You also need to be pre-approved by a lender in order to put in offers if you find something, and so that you know exactly what price range to look in. Good luck.
Tom Brady SFR, e-PRO, SRES, GREEN, BPOR
Licensed Real Estate Salesperson
Notary Public, Retired N.Y.P.D. Lt.
#1 Listing & Selling Brokerage in NY
Charles Rutenberg Realty, Inc.
255 Executive Drive - Suite 104
Plainview, New York 11803