Securing a mortgage is a significant step in the journey of homeownership. In New York, several mortgage companies offer a range of loan options. Here’s a roundup of some of the top mortgage lenders in the state, along with their contact details, locations, and an overview of their terms and conditions:
1. Quicken Loans
- Contact Number: 1-800-251-9080
- Location: 55 Water St, New York, NY 10041
- Terms & Conditions Overview: Quicken Loans provides various mortgage options, including fixed-rate, adjustable-rate, FHA, VA, and jumbo loans. Terms and conditions vary based on the loan type, credit score, down payment, and other factors.
2. Wells Fargo Home Mortgage
- Contact Number: 1-800-869-3557
- Location: 150 E 42nd St, New York, NY 10017
- Terms & Conditions Overview: Wells Fargo offers conventional, FHA, VA, and jumbo loans. Terms and conditions depend on factors like loan type, credit score, down payment, and property type.
3. Bank of America Home Loans
- Contact Number: 1-800-270-5746
- Location: 114 W 47th St, New York, NY 10036
- Terms & Conditions Overview: Bank of America provides various mortgage options, including fixed-rate, adjustable-rate, FHA, and VA loans. Terms and conditions are outlined based on the specific loan type and applicant’s financial profile.
4. Chase Home Lending
- Contact Number: 1-800-873-6577
- Location: 277 Park Ave, New York, NY 10172
- Terms & Conditions Overview: Chase offers fixed-rate, adjustable-rate, FHA, and VA loans. Terms and conditions are subject to loan type, credit score, down payment, and other financial factors.
5. CitiMortgage
- Contact Number: 1-800-248-4638
- Location: 388 Greenwich St, New York, NY 10013
- Terms & Conditions Overview: CitiMortgage provides conventional, FHA, VA, and jumbo loans. Terms and conditions vary based on the specific loan type, applicant’s financial situation, and property details.
6. Freedom Mortgage Corporation
- Contact Number: 1-877-220-5533
- Location: 450 7th Ave, New York, NY 10123
- Terms & Conditions Overview: Freedom Mortgage offers various mortgage options, including conventional, FHA, VA, and USDA loans. Terms and conditions depend on the chosen loan type and applicant’s qualifications.
7. New York Community Bank
- Contact Number: 1-877-786-6560
- Location: 615 Merrick Ave, Westbury, NY 11590
- Terms & Conditions Overview: New York Community Bank provides a range of mortgage products, including fixed-rate, adjustable-rate, and jumbo loans. Terms and conditions are specified based on the loan type and applicant’s eligibility.
Understanding the terms and conditions of a mortgage is crucial before committing to a lender. Factors such as interest rates, loan duration, down payment, closing costs, and eligibility criteria can significantly impact the overall cost and feasibility of a mortgage.
Keep in mind that the terms and conditions provided here are general overviews and may vary depending on individual circumstances and loan products. Always review the specific terms outlined in the loan agreement and consult with the lender directly for detailed and up-to-date information.
Please note that the terms and conditions mentioned above are brief summaries and not comprehensive details of each company’s mortgage offerings. It’s crucial to carefully review the specific terms and conditions provided by the mortgage companies in their official documents before finalizing any loan agreement.
