Are you interested in obtaining a mortgage for a Roosevelt Island apartment? Rivercross Co-ops and Riverwqlk Condos are currently for sale. Maybe someday soon the Island House and Westview privatization will become a reality and you can buy an apartment in those buildings too.
If you need financing for a Roosevelt Island Co-op or Condo, tomorrow night’s Mortgage Seminar from the local Roosevelt Island Amalgamated Bank branch may be of interest.
According to Amalgamated Bank:
Join us at our free Mortgage Seminar
Thursday January 22 at 7 PM
Roosevelt Island Branch
619 Main Street
New York, NY 10044
Amalgamated Bank’s Vice President Eric Ruskiewicz held a prior mortgage seminar last July 14. Here’s what happened. Part 1 – Introduction to the seminar including discussion of Home Equity Line of Credit (HELOC) products and Interest Rates.
Part 2 – Discussion of down payment, fixed and variable rates, appraisals, points, application process and individual Roosevelt Island building financing requirements.
Part 3 – Fixed and Variable rate loans, credit reports and credit scores, Fannie May and Freddie Mac Loans. Mr Ruskiewicz noted that Amalgamated Bank does not sell the mortgages it makes in the secondary market but holds on to the mortgage for the life of the loan.
Part 4 – End of the mortgage seminar.