Buffalo Mortgage Broker
Find a Buffalo, New York (NY) mortgage broker. We have access to several Buffalo mortgage lenders who are competing for your business. Let us do the shopping for you.
Buffalo, New York has a population of 292,648. Buffalo is located on the western border of the state right on the waterfront. Residents enjoy their rooting on their professional sports teams – the Bills (NFL) and Sabers (NHL). The housing market has remained steady in recent years as the population has been very stable. The median house value is $59,300.
New York Mortgage Facts
- Non-Community Property State - Since New York is a non-community property state, you do NOT need to include the liabilities of your spouse, when applying for a New York mortgage, if you choose to leave them off of the loan.
- High Closing Cost State - HUD has determined certain states to be high closing cost states and others to be low closing cost states. New York is classified as a high closing cost state due to higher priced title fees. If you are moving to New York from another state, be aware of these costs.
- Mortgage Tax State - Be aware, there is a state tax that is assessed on all New York mortgages. This tax varies per county.