The New York Mortgage Coalition (NYMC) is a nonprofit collaboration of financial institutions and community housing agencies focused on expanding the opportunity for responsible and sustainable homeownership to minority, and low and moderate income individuals and families in the five boroughs of New York City, as well as the surrounding counties of Nassau, Suffolk, Dutchess, Orange, Rockland, and Westchester.
NYMC supports its neighborhood-based nonprofit members in their pre-purchase counseling, post-purchase education, and financial literacy programs. Coalition members provide the public with access to the tools to achieve the dream of homeownership including information on competitive, fixed-rate loans, closing cost grants, and down payment assistance. NYMC also supports its member agencies who play a leading role in preserving homeownership offering informational workshops and one-on-one counseling to troubled homeowners through foreclosure prevention programs.
Posted by Susan Belanich on 06/24/2016
The U.S. Department of Housing and Urban Development (HUD) awarded on June 21, 2016 more than $42 million in housing counseling grants to hundreds of national, regional and local organizations to help families and individuals with their housing needs and to prevent future foreclosures. New York Mortgage Coalition was awarded $387,475 to be distributed to its network of eleven housing counseling agencies. This funding will help counselors assist a over 11,000 households in achieving their housing goals.
Hazel Rigby on 06/16/2016
In your search for a home, you’ve probably perused websites like Zillow and Trulia, and you may have also used their mobile app counterparts. But there’s a wealth of helpful homebuying apps out there that you may not be familiar with. Here are a few that can aid you in the process, from start to finish.
Susan Belanich on 06/02/2016
This June, NYMC celebrates National Homeownership Month. Our members will be holding first time homebuyer seminars and workshops to help you get started on the path towards achieving the goal of homeownership. NYMC is also participating in eHome America's Millennial homebuyers campaign to spread the word about online homebuyer education through social media. Sign up today for the new and improved course at http://ehomeamerica.org/nymc.