Home Buying in Brooklyn>Question Details

Frustrated, Home Buyer in Brooklyn, NY

Are there any 30 year fixed jumbo condo loans in New York for 20% down? Looking to borrow $792k with 800 FICO but seeing only ARM offers.

Asked by Frustrated, Brooklyn, NY Wed May 9, 2012

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There are several lenders you can do 80% LTV if the condo qualifies. Check how many units are in foreclosure, late on their common charges and are rented out before you speak to a lender.
0 votes Thank Flag Link Thu May 10, 2012
Dear Frustrated:

Yes there are! I know several bankers that can do this with a 30 year fixed mortgage no problem. If you want contact me and I can put you in touch with them.

Sincerely,
Mitchell S. Feldman
Associate Broker/ Director of Sales
Madison Estates & Properties, Inc.
Office: (718) 645-1665/ Cell: (917) 805-0783
Email: MitchellSFeldman@aol.com
0 votes Thank Flag Link Thu May 10, 2012
Alex: Cross River 917-520-1515
Larry: invesrors (917) 696-2360
0 votes Thank Flag Link Thu May 10, 2012
Give Stephan Hagege at Wells Fargo a call. 212.805.1685
0 votes Thank Flag Link Thu May 10, 2012
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