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ATTN: Mortgage Brokers - Is the conforming loan limit in Manhattan now $729,750?

Started by jake
over 16 years ago
Posts: 277
Member since: Jan 2007
Discussion about
Where are 30 year rates today for a coop with excellent FICO and 60% down payment?? 2 or 3 points paid. S Hong? where are your rates today ?
Response by NYCMatt
over 16 years ago
Posts: 7523
Member since: May 2009

It depends on your personal financial situation. I'm hearing of people who can't seem to get below 6%, and others who are getting as low as 3.8%.

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Response by front_porch
over 16 years ago
Posts: 5316
Member since: Mar 2008

Hi Jake, we just locked on a 5/1 at 4 7/8 paying a point. Figure you'll be in the low 6s for a 30-year fixed paying two or three points.

This 3.8% high-net-worth mortgage from a private bank is an urban legend.

ali r.
{downtown broker}

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Response by NYCMatt
over 16 years ago
Posts: 7523
Member since: May 2009

"This 3.8% high-net-worth mortgage from a private bank is an urban legend."

It's not a legend. I know of this from first-hand knowledge.

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Response by Dahlia26
over 16 years ago
Posts: 145
Member since: Jun 2008

can anyone suggest a reputable, honest mortgage broker?
thanks

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Response by columbiacounty
over 16 years ago
Posts: 12708
Member since: Jan 2009

careful of matt's first hand knowledge---tends to be a little used.

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Response by front_porch
over 16 years ago
Posts: 5316
Member since: Mar 2008

leelaura we are using Matthew Wahler of WCS Lending and have been happy with him -- mwahler [at] wcslending [dot] com.

ali r.
{downtown broker}

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Response by NYCMatt
over 16 years ago
Posts: 7523
Member since: May 2009

Harold Sokol, Manhattan Mortgage

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Response by columbiacounty
over 16 years ago
Posts: 12708
Member since: Jan 2009

hey matt...don't you want to weigh in on how to tip at parking garages?

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