Home Mortgage & Refinancing Serving Locations Throughout New York State
Call us Today: 518-782-1202

Industry Insights, Trends & Mortgage News

Why You Should Have a New York VA Mortgage If You Are an Eligible Veteran

Posted in Guide to VA Home LoansPosted by Shane LatzaAmerican Flag on Veteran's Uniform

When it comes to securing a mortgage, there are many loan products available. In some cases, homebuyers are eligible for a number of loan types, giving them a few options to choose from when it comes to financing a new home. Unfortunately, when it comes to VA loans, many qualified veterans do not find out they were eligible until they’ve already committed to another type of home loan. Choosing a Home Loan Product – Are You…

Continue Reading »

USDA Loan FAQs

Posted in Guide to USDA Home LoansPosted by Maple Tree FundingUSDA mortgage FAQs graphic with FAQs letters on blocks

USDA home loans are a popular choice among first time home buyers and repeat home buyers alike – and for good reason. They offer a variety of benefits, including competitive rates, flexible qualification standards, and the option for 100% financing in some cases.  But although they are so popular, many home buyers don’t know all the details about USDA mortgages as they’re approaching the home financing process. As a result, some home buyers don’t initially…

Continue Reading »

What Are Closing Costs? Is There a Way to Estimate Them?

Posted in FAQs, First Time HomebuyersPosted by Maple Tree FundingSmall house with sold label

Closing costs are various fees that are paid at the closing of your mortgage. Depending on the state you live in, the closing is where you’ll sit down with the seller and those involved in the home buying transaction, such as real estate brokers and lawyers, and you will sign all the paperwork and remit payments that officially transfer home ownership to you. You’ll walk out with the keys… and a bit less money in…

Continue Reading »

What is a Mortgage Broker & How Does it Differ from a Bank? [VIDEO]

Posted in FAQs, First Time HomebuyersPosted by Maple Tree Fundingbroker vs. bank written on whiteboard in black marker

A home will likely be the largest purchase you make in your life. When it comes to financing that purchase, you have lots of options to consider. Government loans, conventional loans, fixed rate loans, adjustable rate loans and more – there are so many mortgage options to choose from. But while you’re considering your options in terms of home loans, you may also want to carefully consider the source of that loan. If you are a…

Continue Reading »

Local Mortgage Brokers vs. National Lenders

Posted in Home Buying Tips & InfoPosted by Maple Tree Fundinglocal mortgage broker meeting with client

When it comes to financing your home purchase, there are many options out there to explore and consider. As soon as you start the mortgage process, you’ll likely realize there are various avenues to choose from when it comes to obtaining a mortgage that works for you. You’ll come across large-scale commercial lenders, banks, and local mortgage lenders, just to name a few. We’ve already delved into the comparison between brokers and banks (you can…

Continue Reading »