90% LTV mortgage?
90% loans are available in conn. you will need a lender licensed to do business in the state. if you call me i can direct you. garys 631-338-3022

Should I apply for a refinance before or after I retire?
Enter your answer here: we all agree it is better to refinance now especially with these low rates. my office is in hauppauge and i live in sayville. my cell # is 631-338-3022 gary

is apr a good way to compare loan programs?
Enter your answer here. best way to compare is requesting a 0 point loan . new york is an expensive closing state.you will have title charges filing charges, closing attorney , mortgage tax and probably escrows. this way your bank fees are kept to a minimium. gary schneider sayville,ny .cell 631-338-3022...

Is it beneficial for me to get a CEMA loan to refinance a Brooklyn co-op?
coop refinances are very inexpensive in new york since you are a shareholder not a home owner as would be a condominium owner. if you check your previous paperwork from your closing you will see there was no mortgage tax and minimal title charges . so as long as a benefit to the consumer by doing the...

can I get a 1st time buyer rate?
if you fit income and credit requirements, you should be ok. need to contact a lender or broker in your state to get pre-qualified. you did not indicate what state you are in

Can you borrow more than you own in equity through a reverse mortgage?
the reverse limits you on loan amount and loan to value in new york. there are other programs available in new york which could fit your needs. however, there is not enough information from you for me to make suggestions. you can respond to my e-mail. thank you, gary schneider

Does anyone know a good mortgage banker in New York?
yes , i have a contact for you in new york for a loan officer who works for a mortgage banker who you can probably speak to tonight.

Is it cheaper to do an FHA streamline refinance or refinance with a conventional loan with no mortgage insurance?
if you have equity you are probably better off with conventional loan rates are dropping again otherwise better off fha to fha. what is your present rate?

Looking fo rates on a "No Point, No Fee Refinance."
you shouldn't have a problem getting a 0 points mortgage with today's low rates. you can call me at 631-338-3022. i reside within 10 minutes of your location

What is the minimum credit score needed for 5% down on a conventional loan?
suggest you look into looking into a fha loan you can put slightly less down which will increase your liquid reserves. the credit depositories have programs available to us that show what you need to do to increase your score. paying off a collection account or reducing a credit card balance under 50%...

are you license in new jersey
federal charter bank allows licenses in all 50 states. rep in nassau county branch staten island.

Lender needed for a investment property REFI
i have several portfolio lenders available. it must be done as an income check to qualify and no water issues. i will be available all weekend should you have any further questions. gary schneider

Can I get a 5% down 30 year fixed mortgage with a 640 credit score?
my suggstion is to get a pre-approval from a local broker. most realtors want it before they are willing to work with you.there is also a possibility for you to do a rescore which will reduce bank costs on your loan. the office is on staten island just past the bridge. e-mai me if you have an interest in doing a...

Are closing costs more expensive for a home equity loan or heloc?
you should try your own bank to see if there is special program for its customers. the local credit unions are also competitive. i used peoples alliance in ronkonkoma. i too am a sayville resident. should you have any further questions you can contact me by e-mail

Is it more important to get a low APR rate or low interest rate? What is the difference between the two?
The purpose of showing the apr is to make the consumer aware that there may be additional charges that can be part of your loan such as processing, underwriting and application fee which computes to an additional cost besides the rate for the life of the loan.. I f you are dealing with reputable companies...

can a mod agreement combine a two different loans a first and second into one loan from two differnet banks .
this is tricky because you are not indicating the value of the property. also were the 2 mortgages taken out simultaneously. or you can try to subordinate the 2nd and streamline or modify the 1st. please e-mail your response to my questions so i can put you in the right direction. thank you gary schneider

I am looking to purchase an investment property. It costs $180,000. Can i get a LTV above 70%?
the 75% investor program is available. however, the lenders evaluate other information. you will have to show enough income to carry both properties. current mortgage history on your property. if you are going to include present rental income, you will have to show rental payments going into...

what is the current 7 year arm rate on a 6 unit property with 25% down payment
with 30 % down payment the rate on 7-year arm is 4.25% with no prepayment penalty. the program is available in all new york city counties and long island. thank you, g. schneider

I have a middle score of 700 and shopping for a home loan in the price range of $300,000. My income is 66,000. My husband has income of 45,000, but his middle score is below 600. What are our options at this time?
suggest you get a pre-approval from a local broker. i work out of an office in yorktown heights. our credit agency has a credit rescore program which should be able to raise his score. if any credit card balances that are over 50% be brought under would move the score up. paying off any collection accounts...

self employed loan
yes, for investor and commercial properties only