What's better for buying an apartment in NYC: A 15- or 30-year mortgage?

… When you are deciding between a 15 and a 30year mortgage to buy a New York City apartment its important to know what your financial … buyer … jumbo loans … mortgage … Whats better for buying an apartment in NYC A 15 or 30year mortgage …

By Alanna Schubach |October 30, 2019 - 10:00AM
What's the difference between getting a mortgage for a co-op and a condo?

… … Loans made to buyers of coops and condos have some fundamental differences our experts  say and condos come with some closing costs that coops do not  First … and offer an easier approval process but financing a condo purchase comes with additional expenses Lenders may require …

By Alanna Schubach |September 23, 2019 - 10:00AM
What’s a bridge loan and what should I be aware of if I take one out?

… equity in the property you already own to help bridge the purchase of one you want to buy They are useful because in … someone where the purchase depends on the sale of another unit Its not unheard of says Mark Maimon vice president at … is still cost effective when you consider organizing storage setting up a short term rental for your family and …

By Emily Myers |March 6, 2019 - 9:00AM
5 things you need to know right now before you apply for a mortgage in NYC

… Youve heard it before Credit is tight and getting a mortgage isnt as easy … have used the phrase before referencing it as a reason rents are up and housing inventory is down across the … plans Under the new rules banks will need to have closing cost statements together three days before closing

By Lucy Cohen Blatter |September 30, 2015 - 9:59AM