down payment

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

By Evelyn Battaglia |April 22, 2025 - 10:30AM

Towers of the East River Co-ops (1956) in the Lower East Side, NYC. In the foreground is the East River and East River Park under renovation. These were the tallest reinforced concrete apartment structures in the United States at the time of their construction.

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

… in a forgivable loan towards their first purchase of a condo coop or one to fourfamily house in New York City Mayor … $41 million in funding would be added to the citys down payment assistance program HomeFirst which will provide … … Buy … Buy Affordable Housing … Co-ops … buying … Co-ops … condos … down payment … first-time buyer … How firsttime …

By Celia Young |February 3, 2025 - 3:00PM

Hochul addresses a crowd of elected officials, union leaders, and other audience members at her State of the State address on Tuesday, Jan. 15th.

Rent

Hochul takes aim at institutional housing investors and rent-fixing software in State of the State

… across the state and to ban the use of software to set rents in her State of the State address on Tuesday … and other big investors from buying up single and twofamily houses across New York Corporate landlords coopt our housing … buyers with a lump sum of money that could make housing prices go higher Miller cautioned Those funds would also …

By Celia Young |January 15, 2025 - 11:15AM

Co-ops

Need a mortgage to buy a NYC co-op? Your rate is not the only thing to consider

… NYCs unique housing inventory which consists largely of coop buildings and no two are exactly the same So if you are … on how they are structured and make sure your mortgage lender understands coops as well Lack of coop … your banks including down payment restrictions and debttoincome ratio caps Kurzweil says For example while a bank …

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