Rattled by rising mortgage rates? Here are 3 ways NYC buyers can offset the cost of a pricier loan

… in adjustable rate mortgages or ARMs in the months to come Applications for ARMs have already doubled in the past three … Cooperative Bank  a Brick Underground sponsor If there are errors in your credit reportaddress these immediately … credit For more tips read A bank rejected my mortgage application because of my bad credit score … 3 See if you …

By Jennifer White Karp |May 17, 2022 - 4:00PM
10 first-time buyer grants, loans, and programs available to New Yorkers

… rise this year All of these factors make it harder for many firsttime buyers to meet financing requirements if they dont have … houses condos or one to fourbedroom buildings in Brooklyn the Bronx or Queens  You dont have to be a …

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

… an ordeal that shellshocked buyers in need of financing are often happy to use whoever their real estate broker … the pros and cons of using a mortgage broker … Pro Mortgage brokers have more flexibility on credit scores … Because big … payments in your bank account versus the typical two months worth for a conforming loan However the new conforming loan …

By Jennifer White Karp |February 8, 2022 - 12:30PM