6 reasons why your mortgage application might be denied or delayed that have nothing to do with you

… Even if you are a wellqualified New York City buyer with good credit and money in the bank you can have … title problems and liens All these issues have the capacity to delay or sink your mortgage approval In some cases the … if the condo seller has outstanding real estate taxes What happens typically is that the tax lien is paid out of …

By Brick Underground |November 11, 2025 - 4:00PM
First step in buying an apartment: Get your credit score up

information for March 2024 For Fannie and Freddiebacked loanswhich have a $1149825 limit for NYC in 2024youll … can accept borrowers with scores as low as 500 though its best to aim higher The average credit score in New York … company raise your limit to reduce your percentage spend compared to that higher ceiling Ramnani says  Alternatively …

By Celia Young |March 26, 2024 - 9:30AM
There's a semi-secret list of NYC co-op and condo buildings that are off limits to certain mortgage lenders

… Buildings are increasingly using assessments to fund capital improvements or shore up their reserve funds for capital improvements often in excess of $1 million he says … this rule Local Law 97 which requires buildings  over 25000 square feet to reduce harmful gas emissions by 2024 will …

By Jennifer White Karp |April 5, 2023 - 1:30PM
With new conforming loan limits above $1 million, NYC buyers can stretch their dollars

… able to get bigger home loans this year with better terms that can stretch your dollars farther but be sure to look … loans reset and payments grow larger and theyre unable to sell or refinance The higher loan values for conforming … is the bank for coops After all Cooperative is our middle name Call us at 202 3497455 or email Ryan Greer …

By Jennifer White Karp |January 19, 2023 - 4:00PM