10 first-time buyer grants, loans, and programs available to New Yorkers

… on to find out about resources to help you buy a place in NYC for the first time … 1 HPDs HomeFirst … If you have a … requiring lowercost or even no mortgage insurance … 6 HDFC coops … Housing Development Fund Corporation buildings … loan programs available for military service members veterans and surviving spouses  The length of service or …

By Emily Myers |February 28, 2022 - 9:30AM
The pros and cons of using a mortgage broker when buying in NYC

… Getting a New York City condo or coop is such an ordeal that shellshocked … whoever their real estate broker recommends whether its a mortgage broker or a mortgage banker But there are pros and … the loan officer at that financial institution to find the best product that they have available for you says Brittney …

By Jennifer White Karp |February 8, 2022 - 12:30PM
What are mortgage points and how do they lower your interest rate?

… When you use financing to buy a house or apartment your monthly mortgage payments are determined by several factors that include … savings of $53 dollars each month … Does paying for points make sense … To determine if its worthwhile to pay for …

By Jennifer White Karp |July 15, 2021 - 4:00PM