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

… of having the mortgage go entirely towards the cost of buying the property you are putting some of what youre … banker with GuardHill Financial  However he says now could be the worst time for a cashout because rates are … of this story ran in April 2022  and has been updated with new information for September 2023 … Who is it right for … A …

By Emily Myers |September 18, 2023 - 3:00PM
Here's why it's so hard to get condo questionnaires filled out by management companies

… or coop buyer seeking a conforming loan or owner looking to refinance you might not realize the process involves a … he says With some questions you have to be very careful how we answer them he says Banks will ask vague questions or … every unit is owned by a sponsorthis is highly unlikely however it means that the building would be considered …

By Jennifer White Karp |August 17, 2023 - 4:00PM
Can you use a 1 percent down loan to buy in NYC?

… As a buyer you may have heard about mortgages that allow three … you heard about 1 percent down loans These are new home buyer loans from Rocket Mortgage and its competitor United … cost appears to set an unsustainable debttoincome ratio To test this out Brick asked mortgage broker Kevin Leibowitz …

By Jennifer White Karp |June 15, 2023 - 5:00PM