MORTGAGE5 MIN
What is Private Mortgage Insurance (PMI)?
While a 20% down payment on a New York City home purchase is recommended, it is not always required. You can secure a loan…
Looking for a home? Contact our Personalized Buyer’s Service.
NEW YORK PROPERTY INTELLIGENCE
Mortgage, considered.
Mortgages in New York City
01 BUYER STRATEGY 02 OWNERSHIP & BUILDINGS 03 MARKET & CAPITAL 04 SELLING & LEASING
CATEGORY ARCHIVE
Mortgage perspectives.
A deliberately edited collection of market notes, transaction guidance, neighborhood context and ELIKA perspectives—not a daily content feed.
MORTGAGE8 MIN
Fixed Rate vs. Adjustable Rate Mortgage Loans
Whether you’re looking to buy a new home or remodel an existing one, you will need a loan. Homebuyers had only three mortgage loan…
MORTGAGE5 MIN
Refinancing Your Mortgage, Benefits & Downsides
If you’re a homeowner with a mortgage, you may have heard of the advantages of refinancing. The benefits are far-ranging and include the chance…
MORTGAGE3 MIN
Should You Pay for Mortgage Discount Points?
Mortgage points are upfront interest a buyer pays at closing. For example, if you choose to pay two points on an $800,000 mortgage, $16,000…
MORTGAGE11 MIN
First-Time Home Buyer Programs in New York City
It’s a dream for many Americans to purchase a home. But for many New Yorkers, it’s a dream that can seem well out of…
MORTGAGE6 MIN
How Much is the Down Payment for an Apartment in NYC?
With the price of rent increasing, a monthly mortgage payment can often cost less when purchasing a home. New York City real estate is…
MORTGAGE12 MIN
What Credit Score Do You Need to Buy a Home?
When approving a home buyer, lenders and condo and co-op boards look for higher credit scores. The government-sponsored enterprises, The Federal National Mortgage Association…
MORTGAGE7 MIN
Getting a Mortgage When Self-Employed in NYC
About 20% of the American workforce is self-employed as small business owners, entrepreneurs, and freelancers. Being self-employed offers numerous advantages over being a salaried…
MORTGAGE8 MIN
The Home Appraisal Process in New York City
If you’re looking to refinance a mortgage or buy a home through a loan, the lender will need an appraisal on the home. It…
MORTGAGE4 MIN
Benefits and Considerations of Cash-Out Refinancing
New York City’s real estate market has witnessed a remarkable rebound in recent years, with prices reaching new heights. As mortgage rates experience an…
COMPLIMENTARY BUYER INTELLIGENCE · 74-PAGE DECISION EDITION
Take the complete New York buying system with you.
Build the brief, model the capital, compare property types, inspect the risk and carry the transaction from search through closing.
PROPERTYCAPITALDILIGENCEDECISION
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PERMANENT RESOURCES
Go directly to the decision tools.
Use the journal for context. Use ELIKA’s maintained guides and calculators for the current transaction.
A DECISION, NOT A CONTENT FUNNEL
Begin with the property objective.
Tell us what you are trying to buy, sell, rent or understand. We will direct the next conversation around the decision.
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