First-Time Home Buyer Specialists in Yonkers, NY
Directory of first-time home buyer specialists in Yonkers, New York. Verify credentials with the state state mortgage licensing authority before hiring.
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 18 first-time home buyer specialists in Yonkers, 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 Yonkers helps you navigate the purchase process and find local assistance programs. New York State offers the SONYMA mortgage program with low down payment options for qualified buyers. Yonkers also has its own First-Time Homebuyer Program through the citys Office of Housing and Community Development.
What Does a First-Time Home Buyer Specialist in Yonkers Cost?
Specialist services for first-time buyers in Yonkers typically cost between 500 and 1500 dollars for consultation and program guidance. Some specialists charge a flat fee while others take a percentage of the loan amount. Costs vary by case and the complexity of your financial situation. 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 does a first-time home buyer specialist do in Yonkers?
A specialist guides you through pre-approval, property search, and closing. They explain New York specific requirements like the mandatory attorney review period for real estate contracts. They also help you apply for local down payment assistance programs.
Are there down payment assistance programs for Yonkers first-time buyers?
Yes. The Yonkers First-Time Homebuyer Program offers deferred loans for down payment and closing costs. New York State also runs the SONYMA Achieving the Dream program which provides a low fixed interest rate and reduced mortgage insurance.
What is the attorney review period in New York for home buyers?
In New York, after a seller accepts your offer, you have a three business day attorney review period. During this time your lawyer can review the contract and negotiate terms. You can cancel the deal for any reason before the period ends.