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StreetEasy Discussions
Where New Yorkers come together to discuss real estate
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Financing
Mrotgage approval for small co-op
Updated over 15 years agoWhat are the realistic odds of a big-name lender approving a mortgage in a small-coop that doesn't have strong financials (a 100k accumulated deficit, let's say)? ... -
Financing
Mortgage payments go down????
Updated over 15 years agoIf my mortgage is $1600 a month, and I pay an extra $5000 on top of that. Does that go straight to the principle? AND does that make my monthly payment lower and keep... -
Financing
do i need to sell before i buy?
Updated over 15 years agoany thoughts on how hard it is to get a bridge loan nowadays? Also i'm not very familiar with the process but how does a bridge loan work anyways? is it very... -
Financing
Seeking any resources for refinancing on my co-op
Updated over 15 years agoI bought my co-op in 2007 at 30 year fixed 6.65%. I have great credit and sufficient income but was declined for a re-fi at 5% because my building was declined. ... -
Financing
Financing if sponsor owns > 10%
Updated over 15 years agoI'm looking at a few buildings where the sponsor owns 15% up to 25% of the building. The sponsor puts units on the market as they become available, but it will take... -
Financing
Impact of Greek Crisis on Real Estate
Updated over 15 years agoAs some of you probably know, Greece is in the midst of a rescue action by the ECB and the IMF. Increasingly, Spain and Portugal appear to be headed in that... -
Financing
Condo with Litigation
Updated over 15 years agoDoes anyone know which banks would provide mortgage to buy a condo under litigation (HOA suing builder)? Is there a way to get around the Fannie Mae underwriting...