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

… As a New York City condo or coop buyer seeking a conforming loan … these forms out it may be even more of a struggle … Like pulling teeth … W Patrick Connolly is the principal and … and NYCs Department of Finance He estimates that could save a couple of days for each questionnaire no small …

By Jennifer White Karp |August 17, 2023 - 4:00PM
How does a debt-to-income ratio affect your mortgage rate?

… a mortgage broker at Grayton Mortgage … Impact of DTI on buying choices … In New York City coop boards have their own DTI requirements for buyers usually 22 to 24 percent Coops are usually stricter … default on $250000 of equity or cash theyve just put down However a higher DTI might rule out access to a loan with a …

By Emily Myers |May 30, 2023 - 10:00AM