home loans

30-year Treasury yield hits nine-month low

Joe Pisa | April 14, 2014
NEW YORK (MarketWatch) — Long-term Treasury prices gained Friday, sending the 30-year bond yield to its lowest since last July as the broader market notched weekly gains. The long bond…

Long Island City waterfront

Joe Pisa | February 16, 2014
All 820 units in a 41-story tower on the Long Island City waterfront are leased out. “It’s kind of breathtaking to lease that many units in such a short period…

New Niche Loan Products!

Joe Pisa | January 23, 2014
New Niche Loan Products! • Transferred appraisals okay! • Unpermitted additions (even with kitchens) • Follow the AUS FINDINGS... one year tax returns or bank statements, etc... • LP Blended…

VA PROGRAM HIGHLIGHTS

Joe Pisa | January 14, 2014
Did you know? Min 580 Fico regardless of loan amount. LP or DU Findings OK.  We do all      Approved/Eligible. No Overlays. 100% LTV on Cash Out Refi's. Refer/Eligible Yes!…

STATED INCOME: OPEN CONSTRUCTION

Joe Pisa | January 6, 2014
STATED INCOME: OPEN CONSTRUCTION FYI: If the house OR building needs work and it’s less than $20,000 we will still lend up to 70% LTV.  We will ask for a general…

Non-warrantable Condo projects

Joe Pisa | January 4, 2014
Condo projects are considered to be non-warrantable if they are not eligible to be sold to Fannie Mae or Freddie Mac. There are a number of reasons why a condo…