mortgage

Overhead view First Avenue with traffic in Manhattan

Negotiating + Financing

By Jennifer White Karp |February 1, 2024 - 12:30PM

a two-bedroom, two-and-a-half-bath condo, 534 West 42nd St., #PH8, in Hell's Kitchen

Sell

Seller financing: To get deals done, some owners give loans to buyers. Here's how it works

By Jennifer White Karp |December 29, 2023 - 3:30PM

Co-ops

How do you qualify for a jumbo loan in NYC?

… in New York City will be $1149825 and borrowers are required to meet specific debttoincome requirements among … pricing difference between a conforming and jumbo loan generally an additional 25375 percent addon Pro Tip Pro Tip Looking to buy a coop apartment …

By Alanna Schubach |December 11, 2023 - 9:30AM

Hand fill out reverse mortgage loan application on a clipboard.

Co-ops

Does a shareholder need approval from their co-op board to get a reverse mortgage?

By Celia Young |October 30, 2023 - 2:30PM

Negotiating + Financing

What is a cash-out refinance? Are these done in NYC?

By Emily Myers |September 18, 2023 - 3:00PM

Negotiating + Financing

Here's why it's so hard to get condo questionnaires filled out by management companies

By Jennifer White Karp |August 17, 2023 - 4:00PM

Negotiating + Financing

Top 12 questions New Yorkers ask their mortgage bankers

Sponsored By National Cooperative Bank |July 11, 2023 - 9:30AM

Sell

Fed's response to Fannie Mae ‘blacklist’: 'We have no record of it'

… list of coop and condo buildings where Fannie Mae will not buy back loans The Federal Housing Finance Agency FHFA … hes continuing to fight for the release of the list … A false sense of security … Allcock acknowledges that there … on the list you will have trouble refinancing or selling to buyers using conforming loans There are also expectations in …

By Jennifer White Karp |June 16, 2023 - 2:30PM