I pay my rent on time every month. Can that help me get a mortgage?

… … Proof of regular ontime rent payments can be useful when applying for a mortgage  … from lenders  recently announced it will now consider a history of regular rent payments to help applicants qualify for … robust credit history In lieu of that proof of at least 12 months of ontime rent payments can be shown to lenders …

By Alanna Schubach |July 11, 2022 - 12:30PM
With both NYC rents and mortgage rates rising, does it make more sense to buy or rent in NYC now?

… median rent in Manhattan reaching $4000 for the first time  Buyers who need financing on the other hand are shocked by … looking in says Deanna Kory a broker at  Corcoran  Prewar coops on the Upper West or Upper East Side did not increase … after buying is especially important  In New York if your condo or coop carrying costs would exceed 30 percent of your …

By Alanna Schubach |June 21, 2022 - 12:30PM
Rattled by rising mortgage rates? Here are 3 ways NYC buyers can offset the cost of a pricier loan

… credit score in order to get a better mortgage rate Before applying for a loan you should look to ensure your credit …

By Jennifer White Karp |May 17, 2022 - 4:00PM
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 … recommends whether its a mortgage broker or a mortgage banker But there are pros and cons to using a mortgage … 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