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 … program HomeFirst which will provide roughly 1000 firsttime buyers with loans over the next five years The move doubles … of the AMIabout $130450 for an individualcan apply … What else do I need to know before applying … To be eligible …

By Celia Young |February 3, 2025 - 3:00PM
What are some tips for buying a NYC co-op or condo when mortgage rates are rising?

… always pay off or pay down a 30year mortgage faster than what is required by making a higher monthly payment … A … the sales priceor wait for prices to come down … Typically whats great about a higher interest rate environment is that … down your interest rate Blatman says  … 6 Find a coop or condo with lower carrying costs  … If youre buying into a …

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

… Prices for New York City apartments continue to risemaking down … year All of these factors make it harder for many firsttime buyers to meet financing requirements if they dont have … to come up with a 20 percent down payment above and beyond what the bank allows That said if youre finding it hard to …

By Emily Myers |February 28, 2022 - 9:30AM
The self-employed New Yorker's guide to getting a mortgage

… In those cases well want certified public accountant letters stating the use of business funds will not …

By Emily Myers |February 1, 2021 - 2:30PM