Financing in 10003 : Advice

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Shah Tehrany,  in New York, NY
Shah Tehrany answered:
Who refi's unwarrented mortgages in NYC?
I believe what you mean is that your condo is non-warrantable. If it is in fact non-warrantble you still have several options with portfolio lenders. Do you have a condo questionarre ... more
0 votes Share Flag Sat Mar 12, 2011 Financing in 10003
Louwu,  in Irvine, CA
Louwu answered:
Can anyone tell me what the problem is in Battery Park City, Manhattan? Does it mean no banks are lending ? Are any of the bldgs exempt?
You need a portfolio lender that will look beyond the land lease situation. That's me. :)

Chinatrust will do 40% down, 3/1 ARM @4.5%, and aren't strict on those land leas ... more
0 votes Share Flag Wed Jan 26, 2011 Financing in 10003
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