Why was my mortgage approval withdrawn before the closing?

… … If there are changes to a buyers employment or credit history a mortgage preapproval could be withdrawn because the buyers ability to afford the property is in question That …

By Jennifer White Karp |July 22, 2024 - 9:30AM
What debt-to-income ratio do you need to buy a co-op in NYC?

… … In order to buy a coop in New York City your debttoincome ratio should … … If your debttoincome ratio is above 35 percent your coop buying options may be reduced Unlike a bank where lending … publicize their requirements Some coop boards want to see buyers with twotimes the purchase price left over and a …

By Emily Myers |March 20, 2023 - 9:30AM