Mortgage Company Battery Park City, NY
How to Pick the Best Battery Park City, NY Mortgage Lender to Meet Your Needs
Are you thinking about buying a new house in Battery Park City, NY and you’re looking for a mortgage lender so you can get prequalified for a loan? Do you already own a home and you’re searching for the best mortgage refinance companies so you can take advantage of the record-low interest rates? Either way, if you’re looking for a mortgage company in the Manhattan, NY area, contact Jet Direct Mortgage. Our team of licensed and experienced brokers has been helping the local community secure the financing they need for rates that they can afford for decades. If you’re searching for mortgage companies in New York County that will make the financing process go as smoothly as possible, contact the team at Jet Direct Mortgage!
How to Choose the Best Mortgage Lender in Manhattan, NY
Finding a mortgage company in Battery Park City, NY isn’t all that hard; a quick search for “mortgage companies near me”, “best mortgage company near me”, or even “best online mortgage lenders” will certainly reveal plenty of options to choose from. While it’s true that there’s no shortage of mortgage companies that service the New York County area, choosing the best mortgage lender to meet your needs can seem like a daunting task.
How do you narrow down the options and find the right lender for you? To help you choose the right mortgage company that will meet your specific needs, here’s a look at some handy tips to consider.
Ask Your Real Estate Agent
If you’re already working with a real estate agent, ask him or her to refer you to a reputable New York County mortgage lender. An experienced realtor will be well-versed in the financing process and should be able to direct you to reputable mortgage companies; moreover, your agent should be able to tell you which mortgage lenders you should steer clear of.
Ask Your Network
If you aren’t working with an agent yet and you want to get preapproved for a loan before you reach out to one, ask your social network if they can recommend mortgage companies. If you know friends, family members, or even co-workers who have recently purchased or refinanced a house in Battery Park City, NY, ask them if they would recommend the mortgage lender they worked with. You can count on your network to offer honest insight. For example, if your buddy wasn’t happy with his experience with a mortgage company, it’s a safe bet that he’ll let you know; likewise, if your sibling, cousin, or any other family member had a great experienced with the mortgage companies they worked with, it’s likely that they’ll provide you with the details.
Read Online Reviews
You can also check online reviews to find the best mortgage companies near you. Check the websites of Manhattan, NY mortgage companies for testimonials. You can also use resources like Angie’s List, Home Advisor, and Zillow to find reviews of different mortgage lenders in the area. You can find overviews of mortgage companies that service your local area on these sites, including their background and credentials, as well as reviews from real clients that have first-hand experience working with Battery Park City NY mortgage companies.
It’s true that a new mortgage lender may have a lot of knowledge in financing; however, there is something to be said for experience. Reviewing documents, assessing interest rates, speaking with banks, and everything else that goes into securing a home mortgage can take a lot of time and requires a good bit of knowledge and first-hand experience. Chances are you’re going to have better results when you work with a mortgage lender that is well-established in the Battery Park City, NY community and has a proven track record of success. When you’re researching mortgage companies near me, be sure to check out how long each lender has been in business and inquire about the type of experience they have had.
Look at Proximity
While a mortgage lender’s location won’t impact his or her experience, it may affect your overall experience. When applying for financing, meeting deadlines is extremely important. When you have questions or you need assistance (which you probably will at some point), you’ll want to know that you will be able to get in touch with your mortgage lender. For these reasons, you might want to take a mortgage company’s location into consideration. It’s much more likely that you’ll have a better outcome when your lender is situated in your time zone or even better, in the same zip code.
Consider Loan Options
Lastly, when you’re looking for a mortgage lender who will best suit your needs, it’s important to find someone who offers and has experience in the specific type of home loan you are interested in. There are several different types of mortgages available; conventional, FHA, SONYMA, USDA, VA, and FHA 203k Rehabilitation are just some of the different options. For example, if you’re a veteran, you may be interested in finding out if you qualify for a VA home loan, so you’ll want to choose a mortgage company that has experience with this specialized type of financing.
Before you choose a New York County mortgage lender, it’s a good idea to schedule consultations with a handful of different companies. Pick at least three lenders that appear to offer the qualifications that will meet your needs and schedule an appointment to meet with a broker from each mortgage company. Find out what type of documentation you should bring with you during your appointment with each broker so they can run numbers and offer you an overview of the rates that you may qualify for. Additionally, you should ask some key questions that are pertinent to securing a loan. After you’ve finished the consultation process, compare the rates each mortgage company offered, as well as the overall impression each lender made.
Looking for the Best Mortgage Lender in Manhattan, NY? Contact Jet Direct Mortgage Today!
If you’re ready to secure financing for a new home and you’re starting the process of looking for “mortgage companies near me”, be sure you get in touch with Jet Direct Mortgage. Our team of licensed brokers have years of experience with various types of loans and has successfully helped dozens of New York County residents get into the homes of their dreams at rates that they can afford. To schedule an appointment for a consultation or to learn more about our mortgage company, please call 855-553-4732 or visit https://jetdirectmortgage.com/ and fill out our online contact form. However you get in touch with us, one of our knowledgeable and friendly associates will be happy to assist you with all of your needs.
Some information about Battery Park City, NY
Battery Park City is a mainly residential 92-acre (37 ha) planned community and neighborhood on the west side of the southern tip of the island of Manhattan in New York City. It is bounded by the Hudson River on the west, the Hudson River shoreline on the north and south, and the West Side Highway on the east. The neighborhood is named for The Battery, formerly known as Battery Park, located directly to the south.
Throughout the 19th century and early-20th century, the area adjoining today’s Battery Park City was known as Little Syria with Lebanese, Greeks, Armenians, and other ethnic groups. In 1929, the land was the proposed site of a $50,000,000 residential development that would have served workers in the Wall Street area. The Battery Tower project was left unfinished after workers digging the foundation ran into forty feet of old bulkheads, sunken docks, and ships. Construction was halted and never restarted.
By the late-1950s, the once-prosperous port area of downtown Manhattan was occupied by a number of dilapidated shipping piers, casualties of the rise of container shipping which drove sea traffic to Port Elizabeth, New Jersey. The initial proposal to reclaim this area through landfill was offered in the early-1960s by private firms and supported by the mayor. That plan became complicated when Governor Nelson Rockefeller announced his desire to redevelop a part of the area as a separate project. The various groups reached a compromise, and in 1966 the governor unveiled the proposal for what would become Battery Park City. The creation of architect Wallace K. Harrison, the proposal called for a ‘comprehensive community’ consisting of housing, social infrastructure and light industry. The landscaping of the park space and later the Winter Garden was designed by M. Paul Friedberg.
In 1968, the New York State Legislature created the Battery Park City Authority (BPCA) to oversee development. Rockefeller named Charles J. Urstadt as the first chairman of the authority’s board that year. He then served as the chief executive officer from 1973 to 1978. Urstadt later served as the authority’s vice chair from 1996 to 2010. The New York State Urban Development Corporation and ten other public agencies were also involved in the development project. For the next several years, the BPCA made slow progress. In April 1969, it unveiled a master plan for the area, which was approved in October. In early-1972, the BPCA issued $200 million in bonds to fund construction efforts, with Harry B. Helmsley designated as the developer. That same year, the city approved plans to alter the number of apartments designated for lower, middle and upper income renters. Urstadt said the changes were needed to make the financing for the project viable. In addition to the change in the mix of units, the city approved adding nine acres, which extended the northern boundary from Reade Street to Duane Street.