Find Mortgage Lenders Near You in Yonkers, NY
Compare mortgage lenders in Yonkers. Review contact information and insurance categorys before you decide.
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 13 mortgage lenders 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.
Mortgage lenders in Yonkers New York help home buyers and homeowners secure financing for property purchases and refinancing. New York law requires lenders to provide a Loan Estimate within three business days of receiving a complete application. Local lenders understand the Yonkers real estate market and can guide you through the process.
What Does a Mortgage Lender in Yonkers Cost?
Typical costs for a mortgage in New York include an origination fee of 0.5 to 1 percent of the loan amount, an appraisal fee of 400 to 700 dollars, and title insurance of 500 to 1,500 dollars. Closing costs in New York generally range from 2 to 5 percent of the purchase price. Additional costs may include attorney fees and recording taxes. 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 documents do I need to apply for a mortgage in Yonkers?
You typically need pay stubs, tax returns, bank statements, and proof of identity. New York lenders also require a signed application and a credit check. Your lender will provide a complete list based on your situation.
How long does the mortgage process take in New York?
The mortgage process in New York usually takes 30 to 45 days from application to closing. New York law requires a mandatory three-day right of rescission for refinances. Delays can happen if additional documents are needed.
Are there special mortgage programs for first-time buyers in Yonkers?
Yes, New York State offers the SONYMA program for first-time home buyers with low down payment options. Yonkers also participates in the City of Yonkers Homebuyer Assistance Program. These programs have income limits and require homebuyer education.