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  our experts  say Freddie Mac the Federal entity … from lenders  recently announced it will now consider a history of regular rent payments to help applicants qualify …

By Alanna Schubach |July 11, 2022 - 12:30PM
What are the pros and cons of the new 40-year mortgage option?

… with rising mortgage interest rates its no surprise that buyers are looking for ways to reduce housing costs One … Bank  a Brick Underground sponsor As a firsttime homebuyer it would be good to look at traditional 30year … the other hand a longerterm loan could make sense for young buyers who anticipate that their earning power will increase …

By Alanna Schubach |July 5, 2022 - 9:35AM
10 first-time buyer grants, loans, and programs available to New Yorkers

… the State of New York Mortgage Agency is available to help renters buy in the city primarily apartments below the … loan could be the answer … 3 FHA loans … Loans from the Federal Housing Administration can help you reach the … allows for coborrowers on the loan so for example a parent can help an adult child qualify for a mortgage and buy …

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

… York City condo or coop is such an ordeal that shellshocked buyers in need of financing are often happy to use whoever … one point can make or break a deal You cant believe how many people get a store credit card for the discounts … of a percent off with balances of $50000 in deposits and investment accounts Buyers with balances of $2000000 in …

By Jennifer White Karp |February 8, 2022 - 12:30PM
More NYC buyers can tap lower-cost mortgages with new Freddie and Fannie higher loan limits in 2022

… conforming loans But thats likely to change with new loan limits going into effect soon Fannie Mae and Freddie Mac the … the new year This segment of the workforce likely saw their income take a dip during the pandemic in 2020 If someone is … on housing Cohn adds Pro Tip Pro Tip Looking to buy a coop apartment  National Cooperative Bank offers competitive …

By Jennifer White Karp |November 19, 2021 - 2:30PM