Mortgage Company Jackson Heights, NY

Mortgage Company in Jackson Heights, NY 11372

Searching for the “Best Mortgage Company Near Me”? What to Look for in a Queens County Mortgage Lender

When Jackson Heights, NY house hunters and homeowners need the services of the best online mortgage lenders, there’s only one company they call: Jet Direct Mortgage. For decades, our team of licensed brokers has been helping the Queens community get the financing they need at the best rates possible; in fact, that’s why we’re considered one of the area’s leading mortgage companies. Whether you need a mortgage lenders to assist you with purchasing your first home or you are interested in taking advantage of the incredibly low-interest rates and are looking for the best mortgage refinance companies, if you’re located in Queens County, contact a company that you can rely on to get you the best results possible: Jet Direct Mortgage.

What to Look for When Searching for the “Best Mortgage Company Near Me”

Are you looking to buy your first house? Perhaps you’re downsizing or need more space and want to put your existing house up on the market? Maybe you want to get a lower rate on the mortgages, or perhaps you’re thinking about taking advantage of a Home Equity Conversion Mortgage (HECM). Whatever your particular case may be, if you’re looking for a Queens County mortgage company, there’s no doubt that you want to choose the best lender to meet your needs.

Ready to Start the Mortgage Process?

Thanks to the Internet, finding a mortgage company in Jackson Heights, NY is easier than ever before; just search for “mortgage companies near me”, “the best mortgage company near me”, or any other similar query and you’ll find several companies to choose from. But how do you narrow down the options and select the right mortgage company for your particular needs? By scheduling consultations with a few different mortgage companies and comparing each one.

Here’s a look at a few important factors that you can take into consideration when you’re comparing mortgage companies that will help you choose the best broker in Queens, NY.

Fees and Rates

Every Queens County mortgage company you meet with will provide you with an overview of the fees and rates that you can expect to pay if you were to secure a home loan with them (this is known as a “loan estimate”). When you’re comparing loan estimates, take a look at the different fees, including the annual percentage rate (APR) of the loan, the mortgage rate (the interest rate charged on the mortgage), origination fees (the fee a lender charges to process a loan), underwriting fees (the fee for assessing a loan), and the total amount that you’ll need to bring to closing. These key areas are where rates and fees are most likely going to differ from mortgage lender to mortgage lender, and they can make a huge difference in the amount of money you’ll pay in the near future and over the life of your loan.

Kinds of Loans

In addition to comparing fees and rates, you should also consider the type of products that each Queens, NY mortgage lender you meet with offers. There are several different types of loans, including:

Conventional loans
FHA loans
HFA 203k Rehabilitation loans
VA home loans
USDA home loans
Jumbo loans
HECM for purchase loans

Different loans are intended for different purposes. For example, if your credit score isn’t the best, you may be interested in finding out if you qualify for an FHA loan, or if you’re thinking about taking out a Home Equity Conversion Mortgage (HECM, or a reverse mortgage loan), of course, you’ll want to be sure that the mortgage lender you choose offers the products you’re looking for. Make sure you ask each lender you meet with before you decide which company to choose.

Eligibility Requirements

Just because a mortgage lender offers the products you need and a good rate, that doesn’t mean that you’re going to qualify for a loan. Make sure you take the time to find out about eligibility requirements when you’re meeting with different mortgage companies in Queens, NY. Eligibility requirements vary from loan to loan and from lender to lender and are largely based on your credit score, so be sure to find out what type of score you’ll need to have in order to qualify for the loan you’re interested in at a rate that you can afford, as well as the down payment you’ll be expected to make.

Service

Just as important as the rates, fees, products, and eligibility requirements that a mortgage company offers is the customer service they provide. A mortgage lender is going to be helping you with one of the biggest financial decisions you’ll ever make, so it makes sense that you’ll want to choose someone who you feel comfortable working with. They should put your needs first, be friendly and helpful, and be available when you need them.

To find out about the type of customer service you can expect, look for online reviews of the Queens County mortgage companies you’re thinking about meeting with, and of course, pay attention to the way the companies you meet wit]h interact with you during your consultations. If you find a slew of bad reviews, don’t even bother booking an appointment with a mortgage lender. If a mortgage company’s reviews are great but you just don’t feel comfortable when you meet in-person, consider that a red flag and cross them off your list.

Looking for the Best Mortgage Company Near You? Contact Jet Direct Mortgage Today!

When you’re looking for the “best mortgage company near me” in Jackson Heights, NY, make sure you get in touch with Jet Direct Mortgage. As one of Queens’s leading mortgage companies, we’ve been helping the local community secure the financing they need for years. Offering a variety of products, fair and affordable rates, and fees, and impeccable customer service, when you choose us as your mortgage lender, we’re confident that your needs will be met and your expectations will be exceeded.

To learn more about the loan products we offer or to schedule an appointment for an in-person consultation, call 1.800.700.4JET or head to https://www.jetdirectmortgage.com/ and complete our online contact form. The team at Jet Direct Mortgage is looking forward to satisfying your financing needs.

Some information about Jackson Heights, NY

Jackson Heights is a neighborhood in the northwestern portion of the borough of Queens in New York City. Jackson Heights is neighbored by North Corona to the east, Elmhurst to the south, Woodside to the west, northern Astoria (Ditmars-Steinway) to the northwest, and East Elmhurst to the northeast. Jackson Heights has an ethnically diverse community, with half the population having been foreign-born since the 2000s. According to the 2010 United States Census, the neighborhood has a population of 108,152.

From colonial times to the 1900s, the area now known as Jackson Heights was a vast marsh named Trains Meadow. Urbanization at the turn of the century was creating a New York City housing shortage and urban sprawl. In 1909, Edward A. MacDougall’s Queensboro Corporation bought 325 acres (132 ha) of undeveloped land and farms and christened them Jackson Heights after John C. Jackson, a descendant of one of the original Queens families and a respected Queens County entrepreneur. Northern Boulevard, a major thoroughfare that bisects the neighborhood, was also originally named Jackson Avenue; the name of this road is still retained in a short stretch between Queens Plaza and Queens-Midtown Tunnel in Long Island City. Though the land was not especially known for its elevation, the addition of the term “Heights” echoed the prestige of the neighborhood of Brooklyn Heights and indicated that Jackson Heights was meant to be an exclusive neighborhood. At that time the area could most easily be reached via a ferry from Manhattan or the Brooklyn Bridge; more direct access came with the Queensboro Bridge in 1909, followed by the elevated IRT Flushing Line-the present-day 7 train, just 20 minutes from Midtown Manhattan-in 1917, and the Fifth Avenue Coach Company double-decker coaches in 1922.

Jackson Heights was conceived as a planned development for middle- to upper-middle income workers looking to escape an overcrowded Manhattan. Inspired by Sir Ebenezer Howard’s garden city movement, it was laid out by Edward MacDougall’s Queensboro Corporation in 1916 and began attracting residents after the arrival of the Flushing Line in 1917. The Queensboro Corporation coined the name “garden apartment” to convey the concept of apartments built around private parks. Although land for churches was provided, the apartments themselves were limited to White Anglo-Saxon Protestants, excluding Jews, Blacks, and perhaps Greeks and Italians.

Several of the buildings in Jackson Heights were built by the Queensboro Corporation as part of a planned community located a few blocks off of the Flushing Line between Northern Boulevard and 37th Avenue. Targeted toward the middle class, these multi-story apartment buildings designed in the Colonial Revival and neo-Tudor styles were based on similar ones in Berlin. They were to share garden spaces, have ornate exteriors and features such as fireplaces, parquet floors, sun rooms, and built-in bathtubs with showers; and be cooperatively owned. In addition, the corporation divided the land into blocks and building lots, as well as installed streets, sidewalks, and power, water, and sewage lines. The Laurel apartment building on 82nd Street at Northern Boulevard was the first of the Queensboro Corporation buildings in Jackson Heights, completed in 1914 with a small courtyard. The Greystones on either side of 80th Street between 37th and 35th avenues were completed in 1918 with a design by architect George H. Wells. There was leftover unused space, which was converted to parks, gardens, and recreational areas, including a golf course; much of this leftover space, including the golf course, no longer exists. This was followed by the 1919 construction of the Andrew J. Thomas-designed Linden Court, a 10-building complex between 84th Street, 85th Street, 37th Avenue, and Roosevelt Avenue. The two sets of 5 buildings each, separated by a gated garden with linden trees and two pathways, included parking spaces with single-story garages accessed via narrow driveways, the first Jackson Heights development to do so; gaps at regular intervals in the perimeter wall; a layout that provided light and ventilation to the apartments, as well as fostered a sense of belonging to a community; the area’s first co-op; and now-prevalent private gardens surrounded by the building blocks.

Learn more about Jackson Heights.