Report: You have to make $100,000 or more to buy a home in or near New York City

… is also assuming a 20 percent down payment and a 28 percent frontend debttoincome ratio a figure calculating how much of …

By Nathan Tempey |November 27, 2017 - 2:07PM
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 path to home ownership Coops typically require down payments of at least 20 percent and with  median sales … on the other hand tend to be laxer when it comes to down payments with many permitting buyers to put just 10 percent …

By Alanna Schubach |October 31, 2017 - 1:00PM
Avoid mortgage modification scams—and refinance legitimately—by following these tips

… the East New York homeowners is to carefully scrutinize the credentials of anyone who claims to be a loan modifier and …

By Alanna Schubach |October 5, 2017 - 10:00AM
How can a millennial without a trust fund afford to buy in NYC?

… the biggest obstacle standing between most millennials and home ownership And it bears out Since 2004 alone home ownership rates among Americans under 35 have dropped … of Citizens Bank  It may disadvantage you with the seller if theres a bidding war but with the market changing …

By Virginia K. Smith |August 31, 2017 - 8:53AM