Welcome to New York Mortgage! Whether your a first time home buyer or looking for your next home, the following information will help you make an educated decision
about your mortgage in New York.
Understanding Your Credit Rating
Ever wonder just what lenders look for in determining whether you qualify for a mortgage? This section details the four c's of "credit-worthiness" as seen through the eyes of a mortgage broker; your credit,
capacity, collateral, and character.
Traditional vs. Pre-Approved Mortgages
While most home buyers use the more traditional method of trying to obtain a mortgage after drafting an offer for a home, there is a better alternative available to most people - the pre-approved mortgage.
Types of Mortgages
Understand the differences between the three most common types of mortgages, the fixed rate mortgage, the adjustable rate mortgage and balloon mortgages.
Finding Mortgage Lenders in New York
Click here for a comprehensive directory of different mortgage lenders in the New York area.
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