What is a good loan-to-value ratio on a mortgage in NYC?

… … If youre a buyer whos taking out a mortgage your loantovalue ratio will … 20 percent whereas condos tend be more flexible and allow buyers to finance at higher rates  Down payments required … conventional loans to avoid private mortgage insurance a buyer has to put down 20 percent down Private mortgage …

By Alanna Schubach |November 27, 2017 - 1:00PM
Which is better in NYC: A big down payment or a big mortgage?

… For New York City buyers the down payment is often the biggest hurdle on the … laxer when it comes to down payments with many permitting buyers to put just 10 percent down Condos also tend to be … Bank a Brick sponsor says it might make sense for some buyers to take out a larger mortgage than they strictly have …

By Alanna Schubach |October 31, 2017 - 1:00PM
All the NYC real estate scams Paul Manafort is accused of (so far)

… in March 2016 Also in 2012 Manafort used an LLC to buy a brownstone on Union Street in Carroll Gardens for $3 … Also Like … viewbublogpanes=ymalinline   … Non-Traditional Buyers … brownstone … Carroll Gardens … construction … LLC … …

By Nathan Tempey |October 30, 2017 - 4:10PM
Avoid mortgage modification scams—and refinance legitimately—by following these tips

…   … You Might Also Like … viewbublogpanes=ymalinline   … Buy … mortgage … Avoid mortgage modification scamsand …

By Alanna Schubach |October 5, 2017 - 10:00AM
Rookie Buyer: Everything the first-time apartment buyer needs to know to get approved for a mortgage

… This is the latest installment in our Rookie Buyer series which follows one couples quest to purchase the … the mistakes they made in hopes that other firsttime buyers wont have to After a couple of tense weeks of waiting … we had to do was sit back and relax The first step any homebuyer will face in New York is having the lawyers negotiate …

By Michelle Castillo |September 20, 2017 - 9:00AM
5 everyday activities that could screw up your mortgage application without you realizing it

… Its no secret that buying an apartment in New York is hard Finding just the right place competing with other buyers and ultimately forking over enough money to claim … But there are common mistakes firsttime apartment buyers make that can significantly hold up the entire buying …

By Emily Nonko |September 6, 2017 - 2:30PM
5 reasons the bank may turn you down for a mortgage (some of which have nothing to do with you)

… credit is another problem especially for firsttime home buyers says Beyers If you dont have a substantial credit … you what you need Heres how to understand it Lets say youre buying a $1 million property putting 20 percent down and … …   … You Might Also Like … viewbublogpanes=ymalinline   … Buy … Negotiating + Financing … Best of Brick … mortgage … 5 …

By Lucy Cohen Blatter |September 1, 2017 - 8:59AM
The top 5 things you're doing to drive your mortgage loan officer crazy (according to a real-life one)

… New Yorkercan be a daunting process and not just for buyers Financing a home may be one of the biggest decisions … with TD Bank has been in the business since 2005 helping buyers finance their purchases of condos coops and houses … is not the best idea Instead we could invite you to a homebuyers seminar People come in and learn and we do those …

By Alanna Schubach |June 8, 2017 - 8:59AM