Buying a home in Brooklyn doesn’t have to feel like an impossible dream and here’s proof! This buyer just locked in an $830,000 property in Kings County  with only 5% down . Here’s how the numbers came together : Credit Score:  740 ✅ Income:  $213K (Union Worker) 💼 Loan Type:  Conforming Conventional 30-Year Fixed Interest Rate:  7.375% Monthly Payment (CD):  $6,515.42 Total Monthly Liabilities:  $662.19 Property Taxes:  $8,142.24 H

When you're buying a home, it’s easy to feel overwhelmed by the long list of closing costs that show up before you get the keys. But did you know not all closing costs are created equal and not all of them are within your control? At LJ Mortgage Team , we believe that understanding the details upfront is the key to a smooth closing. Here's a simple breakdown of who controls what  when it comes to closing costs: ✅ Sections A & B – 100% Lender Control

Another closing, another happy homeowner all thanks to the unbeatable teamwork between LJ Realty Team  and LJ Mortgage Team Inc.  When...

Buying a home is one of the biggest financial decisions you’ll ever make—so understanding your closing costs is just as important as knowing your monthly payment. Here’s a real-world look at what $22,210 in closing costs looks like on a $697,500 property in Nassau County, with an interest rate of 6.875%  and a monthly principal & interest (P&I) of $3,665 . 📊 The Breakdown: Let’s take a look at where your money goes at the closing table

If you’re shopping for a home loan, you’ve likely heard the term “buying down your rate.” But is it really worth it? Let’s do the math together. Say you lock in a 6.5% interest rate  — your monthly principal and interest would be around $3,160 . Now, if you decide to buy down the rate  to 6.25% , it’ll cost you roughly $6,200 upfront . Your new monthly payment would be $3,079 , saving you just $81 per month .

If you're self-employed and find traditional mortgage requirements hard to meet, you're not alone and more importantly, you're not out...

Are you sitting on home equity but don’t want to disturb your low-interest mortgage? A Home Equity Line of Credit (HELOC)  might be your...