Mortgage Company Long Island City, NY
Searching for the “Best Mortgage Company Near Me”? What to Look for in a Queens County Mortgage Lender
When Long Island City, 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 lender 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.
Thanks to the Internet, finding a mortgage company in Long Island City, 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
- SONYMA 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.
Just because a mortgage lender offers the products you need and good rates, 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.
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 Long Island City, 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 855-553-4732 or head to https://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 Long Island City, NY
Long Island City (LIC) is a residential and commercial neighborhood on the extreme western tip of Queens, a borough in New York City. It is bordered by Astoria to the north; the East River to the west; Hazen Street, 49th Street, and New Calvary Cemetery in Sunnyside to the east; and Newtown Creek—which separates Queens from Greenpoint, Brooklyn—to the south.
Long Island City, a city of its own, was created on May 4, 1870, from the merger of the Village of Astoria and the hamlets of Ravenswood, Hunters Point, Blissville, Sunnyside, Dutch Kills, Steinway, Bowery Bay and Middleton in the Town of Newtown. At the time of its incorporation, Long Island City had between 12,000 and 15,000 residents. Its charter provided for an elected mayor and a ten-member Board of Alderman with two representing each of the city’s five wards. City ordinances could be passed by a majority vote of the Board of Aldermen and the mayor’s signature.
Long Island City held its first election on July 5, 1870. Residents elected A.D. Ditmars the first mayor; Ditmars ran as both a Democrat and a Republican. The first elected Board of Aldermen was H. Rudolph and Patrick Lonirgan (Ward 1); Francis McNena and William E. Bragaw (Ward 2); George Hunter and Mr. Williams (Third Ward); James R. Bennett and John Wegart (Ward Four); and E.M. Hartshort and William Carlin (Fifth Ward). The mayor and the aldermen were inaugurated on July 18, 1870.
In the 1880s, Mayor De Bevoise nearly bankrupted the Long Island City government by embezzlement, of which he was convicted. Many dissatisfied residents of Astoria circulated a petition to ask the New York State Legislature to allow it to secede from Long Island City and reincorporate as the Village of Astoria, as it existed prior to the incorporation of Long Island City, in 1884. The petition was ultimately dropped by the citizens.