Mortgage Brokers New York NY

Why pay someone else rent? Owning your own home is the best investment you can make. Right now mortgage rates are at an all time low. Mortgage calculators can help you determine what you can afford. Please scroll down to learn more and get access to the mortgage lenders and mortgage brokers in New York, NY listed below.

Professional Mtg Bankers Corp
(516) 333-7800
267 5Th Ave
New York, NY
 
Jp Morgan Hlthcre And Hsng Funding Corp
(212) 270-7928
270 Park Avenue Floor 48
New York, NY
 
First American Mortgage Trust
(800) 698-5626
347 W 36Th St Rm 1000
New York, NY
 
Fairmont Funding Ltd
(212) 967-4700
39 W 37Th St
New York, NY
 
Robbins And Lloyd Mortgage Corp
(212) 213-5120
347 Fifth Avenue Suite 1506
New York, NY
 
Real Estate Mortgage Network Inc
(212) 268-4900
143 W 29Th St Fl 3
New York, NY
 
Red Stone Agency Lending LLC
(727) 791-8600
140 E 45Th St Fl 15
New York, NY
 
American Property Financing Inc
(212) 850-4200
6 E 43Rd Street 26Th Floor
New York, NY
 
Bear Stearns Commercial Mortgage
(212) 272-7918
383 Madison Ave. - 10Th Fl.
New York, NY
 
Community Preservation Corp
(212) 869-5300
28 E 28Th St 9Th Floor
New York, NY
 

Mortgage

Q: I am told that home owning is the single best investment a person can make. I would like to get started but am afraid that I will not be able to handle the mortgage payments on my own. Are there any tools out there that can help me calculate a budget that I will be able to afford, given my current salary?

 

There are many tools available to help you calculate what you can afford to spend on an apartment. Many mortgage calculation tools are readily available online. A good one, which automatically calculates how much you can afford, is available online at www.eloan.com : Home Affordability Calculator.

However, as a cautionary note, I always recommend buyers speak to a mortgage professional first rather than trust what is found online. You can always contact state and local boards of Realtors for lists of mortgage brokers in your area or ask your own real estate agent or friends for references.

Just recently I had a first-time buyer that was convinced she could only spend a certain amount per month. She had done much research online and was certain about her budget forecasting. I then had her meet with a mortgage broker and it's a good thing she did. As it turns out she was completely wrong and we were able to find her a different caliber of apartment for her.

Either way, if you do not have enough saved for a down payment, create a separate savings account and come up with a savings schedule. Only borrow what you can afford!!!

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