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The Positive Debt UNABRIDGED

Magazine Article by Patrick B. Niland on March 01, 2013

for them all. Who’s right? Q Our underlying mortgage is coming due this summer. Our treasurer says ... Ask the Mortgage Broker

Refinancing Quandary: Going Forward UNABRIDGED

Magazine Article by Patrick B. Niland on October 01, 2006

The terms of our existing underlying mortgage prevent us from refinancing until next year ... Ask the Mortgage Broker

Interested in Interest-Only Loans UNABRIDGED

Magazine Article by Patrick Niland on March 01, 2007

Our existing underlying mortgage is coming due early next year, so we have begun talking about ... Ask the Mortgage Broker

I Prefer to Prepay UNABRIDGED

Magazine Article by Patrick B. Niland on October 01, 2010

There is a debate raging in our building about refinancing the underlying mortgage. Some ... Ask the Mortgage Broker

I Want My LTV! UNABRIDGED

Magazine Article by Patrick B. Niland on January 01, 2008

Our co-op has been searching for a new underlying mortgage, and most of the banks we’ve contacted ... Ask the Mortgage Broker

Split Funding: The Everyman Solution for Condos UNABRIDGED

Magazine Article by Patrick B. Niland on April 01, 2014

that could be mortgaged as security for the loan (as is typically the case for cooperative apartment ... Ask the Mortgage Broker

Complex Challenge, Careful Approach UNABRIDGED

Magazine Article by Patrick B. Niland on September 01, 2008

What to expect when considering refinancing your building’s underlying mortgage to fund capital ... of the options under consideration is refinancing our building’s underlying mortgage. One of our newest board ... Ask the Mortgage Broker

Mondo Condo UNABRIDGED

Magazine Article by Patrick B. Niland on April 01, 2011

Ask the Mortgage Broker

A Broker in the House UNABRIDGED

Magazine Article by Bruce Robertson on August 01, 2012

A broker and former board director explains why the seemingly endless approval process is actually ... lending inquiries from banks and mortgage brokers for pending sales, besides doing the same for mortgage ... Admissions Brokers Endpaper ... What do you tell buyers and sellers when they ask why it takes so long to get through the approval ... A Broker in the House
, a mortgage broker, is the principal of First Funding of New York. For more, see our Site Map or join our ... Ask the Mortgage Broker: Loan or Assessment for Condo Capital Repair?

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Ask the Experts

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Learn all the basics of NYC co-op and condo management, with straight talk from heavy hitters in the field of co-op or condo apartments

Professionals in some of the key fields of co-op and condo board governance and building management answer common questions in their areas of expertise

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