Financing in Midwood>Question Details

Hannah, Home Buyer in Brooklyn, NY

How do you find a mortgage broker or lender that specializes in funding co-op or condo purchases? We

Asked by Hannah, Brooklyn, NY Fri Mar 14, 2008

are
looking in the Midwood area, are looking to pay $275K-$300K for a two bedroom or one bedroom that can be converted, and have a 30% down payment (gift), but combined income of about $95,000...

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Answers

6
Google "NY City ACRIS" - this will give you the link to the database of coop sales. Not only you'd be able to see all the selling prices, you can also see where the buyers in the particular coop had obtained their morgage from. Then call the bank.
1 vote Thank Flag Link Sat Mar 15, 2008
Hannah,
You've come to a great spot to find someone to help you. In addition to the people you meet here on Trulia, ask your friends and family who they have used in the past and what their experience was all the way through closing. Whatever you do, make sure you speak with someone who is on top of the increasing number of changes in the lending industry. Standards are changing it seems like hourly so you don't want to work with someone who brokers mortgages part-time.
Web Reference: http://www.ramblequist.com
1 vote Thank Flag Link Fri Mar 14, 2008
Dear Hannah,

I'd love to sit down and chat with both of you to complete a thorough Prequalification. I'm a Local Mortgage Banker and I've been helping HomeBuyers for 22+years here in the NY Metro region.

In the Prequalification meeting we'll review the building blocks of a successful mortgage application: IAC or Income, Assets, and Credit. Then we can determine the loan programs we can offer you and the programs that are the best fit depending on your family's goals and financial lifestyle. I'll also guide you through the entire process of buying a home, from finding a great local Realtor, to making an offer, home inspections, contract signing, loan process and closing. My clients get a personalized "First Time Buyer's Seminar."

I'm accessible seven days a week and I make house calls, so give me a call today and we can get you on your way to homeownership!

Trevor Curran
NMLS #40140
Office: 516-829-2900
Mobile: 516-582-9181
Fax: 516-829-2944
PowerHouse Solutions, Inc.
185 Great Neck Rd, Suite 240
Great Neck NY 11021
Licensed Mortgage Banker – NYS Dept. of Financial Services
NMLS#3528
http://www.phsloans.com
0 votes Thank Flag Link Tue Jun 19, 2012
I have a gentleman that has woked some miracles for some of my customers. Please email me for more information.

He works out of Rego Park.

Henry
0 votes Thank Flag Link Fri Mar 14, 2008
A good broker knows how to do all of the transactions. If you would like a recommendation, please contact me offline: Gail@GailGladstone.com
Web Reference: http://GailGladstone.com
0 votes Thank Flag Link Fri Mar 14, 2008
If you contact me, I can recommend three different mortgage brokers that might be able to help you.

simon Gabay
Licensed Real Estate Agent
Cornerstone Real Estate
Office 718 421 2970
Cell 718 812 1482
http://www.simongabay.com
Web Reference: http://www.simongabay.com
0 votes Thank Flag Link Fri Mar 14, 2008
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