Bad Credit Home Loans in New York. We help people in New York find the home financing they need fast. It is our goal to help you achieve your financial goals. If you are looking for a New York new home loan, a second mortgage, bad credit loans, debt consolidation, or a variety of other loan services, we can help. Bad credit doesn't need to prevent you from being able to refinance your mortgage. We specialize in refinance loans and home mortgage loans. Fill out the quick application form below and someone will be in touch with you shortly.
Balloon Mortgage When credit is advanced by note or contract and payment is required in regular equal installments and the note or contract will mature before the note or contract is paid in full, a payment which may be larger than the regular payment will fall due.
Debt Consolidation Loan A type of loan that allows the borrower to payoff all or a portion of existing debt (including the existing mortgage loan) from loan proceeds.
Graduated Payment Mortgage (GPM) A type of flexible-payment mortgage where the payments increase for a specified period of time and then level off. This type of mortgage has negative amortization built into it.
Purchase Money Mortgage A mortgage given by the purchaser to secure a loan for part or all of the purchase price. Such a mortgage becomes a lien on the property simultaneously with the passing of title, and if immediately recorded becomes prior to any lien against the purchaser.
