What Types of Mortgages Are Available In New York

September 30, 2022

Mortgage Rates for Investment Properties in New York

Also known as the “big apple,” New York is touted as “the city that never sleeps.” A concrete jungle where dreams are made, and people form from the school of hard knocks. It’s said that if you can make it in New York, you can make it anywhere on earth – but first, you need to make it in New York. Making it in New York often requires that you have investments. These can be stocks, mutual funds, real estate, or whatever tickles your fancy. Like in any other place, you typically need a mortgage to invest in New York real estate. However, New York isn’t quite like any other place – Things are “extra” over here, and mortgage rates aren’t quite the same. Before taking a mortgage in New York, you must calculate how much it will cost, especially […]