Compare First-Time Home Buyer Specialists in Franklin Square, NY
Looking for a first-time home buyer specialist in Franklin Square? Review the directory below to compare your options.
Important: Listings are compiled from publicly available sources and have not been independently verified by BeforeMortgageUSA.com. We do not endorse any broker or guarantee outcomes. Verify licensing and disciplinary status with the
State Mortgage Licensing Authority of New York before hiring.
Showing 17 first-time home buyer specialists in Franklin Square, NY
Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
A first-time home buyer specialist in Franklin Square can guide you through New York specific programs like the State of New York Mortgage Agency (SONYMA) loans. These professionals help you understand local property tax rules and the home buying process in Nassau County. Working with a specialist ensures you meet New York legal requirements for contracts and disclosures.
What Does a First-Time Home Buyer Specialist in Franklin Square Cost?
Typical costs for a first-time home buyer specialist in New York range from 2% to 3% of the purchase price as a commission paid by the seller. Additional fees include mortgage origination fees of 1% to 2% of the loan amount and title insurance costs around 0.5% to 1% of the purchase price. Closing costs in Nassau County average 2% to 5% of the home price. This is general information and not mortgage or financial advice.
* Cost estimates are general ranges based on publicly available data and compiled using automated research tools. Actual fees vary by agent and case complexity. This is not mortgage or financial advice — consult directly with an agent for fee specifics.
Frequently Asked Questions
What is a first-time home buyer specialist in Franklin Square?
A first-time home buyer specialist is a real estate professional or mortgage advisor who focuses on helping people purchase their first home. They understand New York programs like SONYMA and the Mortgage Recording Tax exemption for first-time buyers in Nassau County.
What New York programs help first-time home buyers in Franklin Square?
New York offers the SONYMA Achieving the Dream loan program with low down payments and reduced interest rates. Franklin Square buyers may also qualify for the Mortgage Recording Tax exemption which can save up to 1.8% of the mortgage amount. These programs have income and purchase price limits.
How long does the home buying process take in New York?
In New York, the typical home buying process takes 60 to 90 days from contract to closing. New York law requires a title search and attorney review period which can add time. Your specialist will help you meet all deadlines for mortgage commitment and closing.