The home loan that lets first-time buyers put as little as 3 percent down

… banks often require you to put at least 20 percent of an apartments purchase price towards the down payment Financing … a deal like thatwhen the median price for Manhattan coops and condos  is just over $1 millioncan feel like an … of 3 percent for a coop and 1 percent for other property types    … Who is considered a firsttime buyer … As …

By Evelyn Battaglia |April 22, 2025 - 10:30AM
Hochul takes aim at institutional housing investors and rent-fixing software in State of the State

… Governor Kathy Hochul announced plans to curb the ability of private equity firms to snap up housing across the state and … she also pitched spending $50 million to assist New Yorkers with down payments and dropping another $50 million to build … up single and twofamily houses across New York Corporate landlords coopt our housing stock for shortterm rentals …

By Celia Young |January 15, 2025 - 11:15AM
Need a mortgage to buy a NYC co-op? Your rate is not the only thing to consider

… with updated information for February 2023 … Nontraditional banks may not know coops … Natasha Meyers learned this … terms need to satisfy your coop building … The process does not have to be more complicated if you are working with … process says Ryan Greer senior vice president at  National Cooperative Bank   which specializes in coop mortgages and …

By Mimi OConnor |February 17, 2023 - 2:30PM