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16 Mar, 2017
What is an FHA Loan and Do I Qualify?

By kalantarovlaw | Real Estate | 0 Comments

What is an FHA Loan and Do I Qualify? What is an FHA Loan? An FHA loan is a mortgage insured by the Federal Housing Administration. The FHA is a governmental agency within the U.S. Department of Housing and Urban Development. Borrowers with FHA loans pay for mortgage insurance which protects the lender from loss […]

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19 Jan, 2017
The Benefits of Making a Larger Down Payment When Purchasing a Home

By kalantarovlaw | Real Estate | 0 Comments

The Benefits of Making a Larger Down Payment when Purchasing a Home Generally, when purchasing a home in NY, buyers provide the seller’s attorney ten percent (10%) of the contract price as a deposit on the home to be held in escrow until closing. The buyer will finance eighty percent (80%) of the contract price […]

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