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StreetEasy Discussions
Where New Yorkers come together to discuss real estate
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Financing
30yr Fix or ARM
Updated almost 14 years agoCurrently seeing 30yr fix jumbo loan at 4.25%, 5/1 ARM with 0pts for 2.75%, 7/1 ARM for 3.25% with -.5pts, 10/1 ARM for 3.75% with -.75pts. Anybody have an opinion on... -
Financing
Best way to finance $2MM condo purchase?
Updated almost 14 years agoI'm wondering how others have financed condo purchases in the $2MM range. A few things about myself (not sure if relevant): - First home purchase for single,... -
Financing
Is it worth to pay points?
Updated almost 14 years agoHere is the scenario. Purchase price is 400k, and putting 25% down, which leads to a loan amount of 300k. Which financing option would you choose if you will try to... -
Financing
Help for investors
Updated almost 14 years agoI just read on Bloomberg that the Obama administration is looking to expand the HAMP program to landlords. <a rel="nofollow"... -
Financing
Recommend a good mortgage broker?
Updated almost 14 years agoCan anyone recommend a good mortgage broker? A lot of good word on this site for Sunny Hong... anyone else? Thanks! -
Financing
Pre-approval v. Pre-qualification
Updated almost 14 years agoDoes it matter whether I am pre-approved or pre-qualified for a loan before I start looking? Does it matter which lender has issued the pre-approval/pre-qual letter?... -
Financing
Financing a Condo in a 2 Unit Building
Updated almost 14 years agoI'm considering buying an apartment in the city, the apartment is in a 2 unit condo, price range is between $1.5-$2.0M. Will it be difficult to get financing? Are...