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Mortgage News, Tips and Resources

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June 29 2016

6 Tips for Buying and Financing a Fixer-Upper

Buying a fixer upper isn't for everyone, but it has its benefits. Plus, there's a mortgage loan - 203(k) loan - that can help you finance the purchase.

 Business man with box and books to move
June 20 2016

5 Commercial Moving Tips

Moving offices can be a long process. But by keeping certain tips in mind, like contacting a mortgage lender early, the experience won't be as stressful.

Man pointing at graph on table with pen
June 16 2016

7 Quick Reverse-Mortgage Facts To Keep in Mind

Reverse mortgages are complicated because there's a lot to learn about them. Key facts of reverse mortgages include the age requirement and type of property.

Overhead of calculator with documents and keyboard
June 13 2016

What Does Debt Consolidation Mean?

Debt consolidation is when you take out a loan to help pay off existing debt. As a result, you only make one monthly payment instead of several.

House blurred in background with For Sale sign
June 10 2016

Buying a Multi-Family Home: Should You or Shouldn’t You?

There are benefits to owning a multi-family property, but that doesn't mean it's for everyone. Remember, additional income, but more responsibility.

June 08 2016

What Does it Mean to Refinance Your Mortgage?

When you refinance your mortgage, you are essentially paying off your current mortgage loan with an entirely new one.

What Not to Do When Applying for a Mortgage Pre-Approval
May 31 2016

What Not to Do When Applying for a Mortgage Pre-Approval

When applying for a mortgage pre-approval, avoid making mistakes - like falling behind on your bills - that could jeopardize your chances of qualifying.

Home Sales in New York on the Rise, According to NYSAR
May 27 2016

Home Sales in New York on the Rise, According to NYSAR

A new report by the New York State Association of Realtors reveals that home sales increased in April 2016 comparted to the year before.

6-Moving-Apps-that-will-Help-You-Transition-Between-Homes
May 23 2016

6 Moving Apps that will Help You Transition Between Homes

Moving can be overwhelming. Fortunately, apps are available that can help you get through the process, such as Any.do and Moving Van.

Buying-Your-First-Long-Island-Home--Take-Notice-of-These-Red-Flags
May 13 2016

Buying Your First Long Island Home: Take Notice of These Red Flags

Buying your first home on Long Island can be overwhelmingly. Look out for red flags, like watermarks and insects, as you house hunt to narrow down your search.

Why-Use-a-Realtor-When-Buying-Your-Long-Island-Home
May 12 2016

Why Use a Realtor When Buying Your Long Island Home?

Using a realtor as you search for a home on Long Island will result in a more efficient buying and selling process, with less weight on your shoulders.

3_Reasons_to_Get_a_Long_Island_FHA_203k_Rehab_Loan
May 05 2016

3 Reasons to Get a Long Island FHA 203(k) Rehab Loan

Getting a 203(k) rehab loan offers several advantages when you're looking to buy a fixer-upper on Long Island. For example, you won't make a large down payment.

May 02 2016

What are Some Factors that Affect Long Island Mortgage Rates?

There are several factors that play a key role in determining mortgage rates, including the employment figure and 1-year Treasury bills.

City Modern Designed Condo
April 29 2016

7 Tips for Buying a Condo

Buying a condo is different from purchasing a single-family home or co-op. Make sure you keep these tips in mind before putting in an offer.

Statistics Show Millennials Buying More Homes than Other Generations
April 22 2016

Statistics Show Millennials Buying More Homes than Other Generations

A 2016 report shows that most home-buyers are millennials and they work with real estate agents to learn more about the home-buying process.

6 Tips to Help Sell Your Home
April 20 2016

6 Tips to Help Sell Your Home

Moving can be stressful, but there are ways to make it easier. Knowing how to appeal to buyers can help you sell your home at a quicker rate.

Celebrity Real Estate News: Joe Namath Purchases $1 Million NYC Co-Op
April 15 2016

Celebrity Real Estate News: Joe Namath Purchases $1 Million NYC Co-Op

Retired NFL Jets quarterback Joe Namath recently bought his daughter and her husband a duplex on Manhattan's Upper West Side for about $1 million.

What's a Reverse Mortgage or HECM
April 05 2016

What's a Reverse Mortgage or HECM?

You may have heard of this type of loan, but if you still wonder how a reverse mortgage works, you will find out here.

The Need-to-Know About Multi-Family Loans
March 29 2016

The Need-to-Know About Multi-Family Loans

Qualifying for a multi-family loan is similar to qualifying for a single-family mortgage loan, but there are some differences to keep in mind.

Commercial Mortgage Rates and Requirements
March 28 2016

Commercial Mortgage Rates and Requirements

There are many commercial loan rates and requirements, but it’s important to be well informed so you can determine if you will qualify for them.

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