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StreetEasy Discussions
Where New Yorkers come together to discuss real estate
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Financing
10% down over 625k
Updated about 14 years agoHi, with the new conforming loan limits lowered to 625.5k, is there anyway to pay only 10% down for say a 800k apartment? I'm hearing that the option to take a second... -
Financing
HELOC on "investment propery"
Updated about 14 years agoI had a HELOC at a great rate on a condo in San Francisco that itself has been paid off. The LTV was less than 50%. Recently I found that the HELOC was suspended (not... -
Financing
Backing out of a contract
Updated about 14 years agoI need some advice. I have been in contract for my condo since March and am still unable to close (new construction), so I am considering backing out of the contract... -
Financing
Mortgage help
Updated about 14 years agoLooking for a mortgage with these parameters. 5-7-10 ARM, investment property, LLC ownership, condo in Manhattan, conforming $417,000 with an LTV less than 50%. Great... -
Financing
80% financing up to $2M
Updated about 14 years agoA streeteasy poster recommended I post this as we are in discussions on locking in a 1.72M loan at 80% financing. We allow 80% financing up to $2M loan amount. Im... -
Financing
Deficiency judgments are back(were they gone?)
Updated about 14 years agoForty-one states and the District of Columbia permit lenders to sue borrowers for mortgage debt still left after a foreclosure sale. The economics of today's battered... -
Financing
HELOC on COOP
Updated over 14 years agoI have about 50% equity in my coop right now, and I was hoping to get a HELOC for another 30% of equity. Is anyone doing HELOCs on coops now? My credit is great,...