Thinking About Buying a Home in New York? Here's What Your Family Needs to Know
Submitted by Jessica Laird on
New York may have a reputation for being a city of renters, but the reality is that plenty of families are buying homes—and with mortgage rates low, purchasing a home can actually be more affordable than it seems. Of course, buying here can feel especially intimidating. Beyond the sticker shock and the condo versus coop versus house confusion, there things like loans and down payments to navigate. Unravelling all of it can really stand in the way of families believing that buying is on the table.
When we had questions about the home buying process, we connected with Brian Scott Cohen, a Senior Loan Officer at GR Affinity—and proud New York City dad—who's helped thousands of families become homeowners over the 17 years he's been in the mortgage industry. Brian helped us untangle our most pressing inquiries about buying a home in New York.