Home Buying in Nyack>Question Details

Dalilah, Renter in Bronx, NY

Are there any first time homebuyer/down payment assistance in Nyack?

Asked by Dalilah, Bronx, NY Wed Feb 27, 2013

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Julia Kushnir’s answer
If you do not have an FHA loan on another property currently, most likely you will be able to obtain it. FHA loan allows to buy a primary residence with only 3.5% downpayment and the guidelines are not as strict as for conventional loans (i.e. credit score does not have to be perfect etc.).

I'll be happy to provide you with the contact information for lenders who carry FHA and explain in detail how it woks, including buying a distressed property in need of extensive renovations using FHA 203K Rehab loan.


Julia Kushnir
(845) 598-6909
0 votes Thank Flag Link Wed Feb 27, 2013
Please call me at 914-588-2365. I have several names of excellent mortgage brokers, Dalilah, who can tell you about first time homebuyer loans and down payment assistance. I can also show you condos, co-ops, townhouses and homes in Nyack that will meet your needs and your budget. You can also use my website http://www.dreamhomesrocklandandorangeny.com to view homes in Nyack and to communicate with me about the ones that you like the most.

Take care,
Ellen Kippel
Weichert Realtors
Multi-million dollar producer
0 votes Thank Flag Link Wed May 29, 2013

SONYMA (State of New York Mortgage Agency) has five (5) programs for first time home buyers...low down payments and low mortgage interest rates.

Check it out on line at: http://www.nyshcr.org/topics/home/buyer ... or call: 1-800.382.HOME (4663).

Also, feel free to contact me directly at terry.graves@wrightinnyack.com or tanngraves@gmail.com to obtain the names and contact information of mortgage consultants in the area who handle the SONYMA products.

Good luck!

0 votes Thank Flag Link Wed Feb 27, 2013
Would tend to doubt that but you may be eligible for FHA or a VA loan if a veteran. How many loans depends on your credit debt ratio and employment income. You can email me at allan.erps@randrealty.com if you need any additional questions answered or help with speaking to a lender. Best regards, Allan
0 votes Thank Flag Link Wed Feb 27, 2013
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