Home Mortgage & Refinancing Serving Locations Throughout New York State
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Types of NY Mortgages & Loan Programs Available

Home buyers who have obtained a mortgageMaple Tree Funding is a mortgage broker in NY that works with dozens of lenders to offer a wide selection of mortgage programs for both home loans and mortgage refinancing. This allows us to work closely with you to find the best NY mortgage for your needs, developing an individualized plan and providing a level of personalized attention you just won’t find at most nationwide banks.

We may review some or all of the following NY mortgage options with you in order to put you in the home of your dreams, or help you refinance one you already own.

Conventional NY Mortgages

Fixed-Rate Mortgages are the type of home loan that many potential homeowners envision when they contemplate a mortgage. While the terms of these loans are pretty straightforward, there are some pros and cons to consider.

Adjustable-Rate Mortgages (ARMs) start out with a fixed interest rate and then after a certain period of time, the interest rate — and subsequently, your mortgage payment — fluctuates based on published financial indexes. We’ll teach you about how these loans are adjusted and the financial caps that will be part of this type of mortgage program.

Conforming Home Mortgage Loans meet certain guidelines set forth by Fannie Mae and Freddie Mac. We’ll help you understand what these guidelines are and why Non-Conforming Mortgages and Jumbo Mortgages are sometimes utilized, depending on financial needs.

Government Mortgages Available in NY

There are also different types of Government Mortgages available. These include:

  • FHA Loans: These are loans insured by the Federal Housing Administration (FHA), and they offer several attractive benefits to those who qualify. Learn more about available Albany & Saratoga area FHA Loans.
  • VA Loans: These are loans that typically offer more favorable terms than conventional mortgages as the United States Department of Veterans Affairs (VA) guarantees a portion of the loan.
  • USDA Loans: These types of home loans are offered by the United States Department of Agriculture (USDA) and are designed to help buyers purchase homes in designated rural areas. There are a variety of USDA loans and all have advantages for those who qualify.
  • There are also Bad Credit Mortgages available for those with less than perfect credit.

For any of these mortgage programs, one of the first steps towards home ownership will be learning whether or not you qualify, and if you don’t, what to fix in your credit report so that you do.

For the Assistance You Need to Obtain a NY Mortgage or Home Loan, Turn to Maple Tree Funding

If you’re looking for a trusted mortgage broker in NY, look no further than Maple Tree Funding. We’ll work with you to determine how much you can spend on a home and which types of NY mortgages might be available to you based on your financial circumstances and where you plan to purchase a home.

Give us a call today at 518-782-1202 or contact us online to learn more about the NY mortgages we offer or start the process of obtaining the home loan that’s right for you!

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