How first-time buyers can apply for up to $100,000 in down payment assistance

… More New Yorkersthough not manywill soon be able to snag up to $100000 in a forgivable loan towards … program HomeFirst which will provide roughly 1000 firsttime buyers with loans over the next five years The move doubles … to cover an $850  application processing fee as well Before buying New Yorkers must complete a homebuyer education …

By Celia Young |February 3, 2025 - 3:00PM
Need a mortgage to buy a NYC co-op? Your rate is not the only thing to consider

Buying real estate in New York City is very different from buying real estate anywhere else The competition you will …

By Mimi OConnor |February 17, 2023 - 2:30PM
What are some tips for buying a NYC co-op or condo when mortgage rates are rising?

… rates into historical context theyre right where they were before the financial crisis says Kevin Leibowitz a mortgage … says Everything is so expensive in New York that most of my buyers with great income are cashstrapped to get into the … paying down the mortgage Kory says so this is often used by buyers who get larger bonuses or expect a large cash payout …

By Teri Karush Rogers |September 26, 2022 - 1:30PM
10 first-time buyer grants, loans, and programs available to New Yorkers

… City apartments continue to risemaking down payments larger Banks have tightened their lending practices during the … year All of these factors make it harder for many firsttime buyers to meet financing requirements if they dont have … stellar credit or other assets  A tougher environment for buyers means many are looking for alternative ways to get …

By Emily Myers |February 28, 2022 - 9:30AM