Mortgage Company Plainview, NY
Mortgage Company in Plainview, NY 11803
Looking for Nassau County Mortgage Companies? Tips to Help you Find the Best Lender
Countless homeowners in the Nassau County, NY area have relied on the expert at Jet Direct Mortgage to turn their dreams of homeownership into realities. We are committed to providing our clients with the lending options that best meet their needs and providing incomparable customer service. If you’re on a mission to find the best mortgage company in Nassau County, look no further than Jet Direct Mortgage.
Buying your first home is certainly exciting, but the process can be extremely overwhelming. Finding a house that ticks off all of your boxes is just part of the equation There are so many other factors that need to be taken into consideration; among them, deciding which mortgage company to work with.
While there are plenty of mortgage companies out there, you don’t want to settle for just anyone; you want to choose the best. To help make the process a bit easier, here are some tips that you can use to find reputable Nassau County mortgage lenders to facilitate the purchase of your first home.
Start by Researching
First things first: you’re going to want to do some research. Start by searching “mortgage companies near me”, “mortgage lenders near me”, or a similar query on the Internet. While your search is sure to reveal several options, you don’t want to choose the first lender you find; instead, you’re going to want to dig a little deeper.
Check out the reputation, experience, and number of years that prospective lenders have been in business. There are a lot of “fly-by-night” and “pop-up” lenders, so-to-speak; steering clear of these companies is highly advisable. Your best bet is to opt for a company that is established in the community, has years of experience, and has successfully secured mortgages for a long list of other first-time homebuyers in the Plainview area.
Consider First-Time Homebuyer Programs
Take a look at the different programs prospective lenders offer. Since this is the first time you’re purchasing a home, your best bet is to look for mortgage lenders that offer first-time homebuyer programs. Many lenders team up with agencies to provide first-time buyers with invaluable services, such as down payment assistance, discounts, and a variety of resources that are specifically designed for those who are new to the home buying process.
Though government agencies finance incentives and programs that are offered for first-time homebuyers, lenders take care of the mortgages. By working with a lender that offers first-time buyer programs, you’ll be able to easily access any assistance you may require.
You’re going to be charged a lot of different fees when you’re securing mortgage lenders, and these fees are on top of the amount you’ll be borrowing to purchase a home. As such, it’s a good idea to compare rates that different lenders charge, as they vary significantly from lender to lender.
Compare interest rates and annual percentage rates (APRs) that prospective lenders are offering. These rates will play a big part in the total amount you’ll end up paying over the life of your loan. It’s also a good idea to compare different fees, such as loan and title origination, application, and appraisal fees, as these expenses will impact the amount you’ll need to bring to closing.
Another helpful tip: When you’re comparing rates, if you aren’t sure about something, ask. You want to make sure you have a firm understanding of the different fees and how they’ll affect you, so don’t be afraid to inquire about anything you’re unsure of.
Getting preapproved for a home loan is important. It shows sellers that you have access to financing and that your offer is solid, should they decide to accept it. Plus, a preapproval also gives you an understanding of what your payments will be like if you decide to borrow the amount you are approved for.
Different lenders use different strategies for issuing preapprovals. For example, some Nassau County mortgage lenders may use digital files and can issue an approval in a matter of minutes, while other mortgage companies may require you to deliver documents by hand and can take a few days to get back to you. It’s important to compare and consider the preapproval methods that the lenders you’re thinking about working with us so you know when you’ll be able to access your letter.
Jet Direct Mortgage: One of Nassau County, NY’s Most Trusted Mortgage Companies
If you’re on-track to purchase our first home in the Plainview, NY area, before you start shopping, contact Jet Direct Mortgage. As one of the leading mortgage lenders in the Nassau County area, we offer great options and resources for first-time homebuyers and will help you secure fair and affordable financing.
To schedule an appointment with a knowledgeable and experienced mortgage broker, please call 855-553-4732 today! We look forward to working with you and playing a key role in your journey toward homeownership.
Some information about Plainview, NY
Plainview is a hamlet and census-designated place (CDP) located near the North Shore of Long Island in the town of Oyster Bay in Nassau County, New York, United States. The population of the CDP as of 2010 was 26,217. The Plainview post office has the ZIP code 11803.
Plainview’s origins date to 1648, when Robert Williams, a settler from Wales, bought land in the area. The land was considered desirable for farming because of a small pond named the Moscopas by local Native Americans, meaning “hole of dirt and water”. The remainder of the land in the area was purchased by Thomas Powell in 1695 as part of the Bethpage Purchase. The name “Mannatto Hill” had already appeared on the 1695 deed of the Bethpage Purchase, and the settlement came to be called “Manetto Hill”. Manitou was the Native American word either for “god” or for “spirit”.
The 1837 arrival of the Long Island Rail Road to nearby Hicksville brought a boom to local farming. In 1885, residents of Manetto Hill petitioned the United States Postal Service for a local post office, but were turned down because, according to several accounts, a similar name was already in use upstate. The hamlet was then named “Plainview”, for the view of the Hempstead Plains from the top of the Manetto Hills.
Plainview remained a farming community, famous for growing cucumbers for the huge Heinz pickle factories located in nearby Farmingdale and Hicksville. In the early 1900s blight destroyed the cucumber crop and many farmers switched to potatoes. After World War II, a potato blight combined with the desire of many returning GIs to leave New York City for the more rural Long Island, convinced many farmers to sell their property, leading to massive development in the area, giving rise to so-called suburban sprawl. Between 1950 and 1960, the hamlet grew from a population of 1,155 to more than 35,000. Most of the available land was developed during this period or otherwise designated as parkland. While overall development declined it did continue sporadically as smaller remaining parcels of land were also developed. In recent years, some of the few large remaining parcels have given way to gated communities, which are in contrast to most housing in the area. Some of these developments include “The Hamlet on Olde Oyster Bay” and “The Seasons at Plainview”, a residential community focused on over age 55 residents and first time home buyers.