mortgage

Overhead view First Avenue with traffic in Manhattan

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

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

… The concept of a seller loaning a buyer the money to buy their property may strike you as impossible or strange but New York City brokers say it is neither Instead seller … usually for a rate that beats available mortgage rates It could be a significant discount like 3 percent or one just a …

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

Co-ops

How do you qualify for a jumbo loan in NYC?

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

… the questions are overly intrusive and ask things that they cant address or seek answers that are readily available … In December of that year at the request of mortgage lenders Fannie Mae and Freddie Mac governmentbacked entities that buy loans …

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

Negotiating + Financing

Top 12 questions New Yorkers ask their mortgage bankers

… your learning curve Ryan Greer senior vice president at National Cooperative Bank rounds up 12 of the most frequent questions she hears … With 40 years of lending to buyers in New York City NCB is the bank for coops After all Cooperative is our …

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