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FINANCING YOUR 1 - 4 FAMILY HOME
Let rental income cover your monthly mortgage costs!
Lock in a low, wholesale rate now.

Why are single-family and 2 - 4 family homes such attractive investments?

You pay much less per month to own your own home than you'd pay to rent comparable space. And if you sublet your home, most banks will take 75% of your rental income and add that figure to your monthly earnings…giving you the headroom to look at more expensive properties and qualify for a larger loan amount.

Your rental income will cut your monthly mortgage costs and,
in some cases, could cover them completely!
If you're a first-time homebuyer, you may qualify to put as little as 3% down-while your closing costs can be furnished by family or friends in the form of a gift. With Mortgage Of New York  on your side, you'll be able to get a low, wholesale rate that you can lock in when you apply, making that attractive single-family home surprisingly affordable!