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New York State Qualifiers are required to be licensed Mortgage Loan Originators. Note: The Mortgage Loan Originator application may be filed concurrently with the mortgage banker application. A Form MU2 must be completed for the Qualifier. The Department will not accept verification of experience from the applicant.
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NANUET, NY – Hudson United Mortgage is proud to announce that it has been approved as a mortgage banker in New York, in addition to New Jersey, Connecticut, and Florida. This will allow Hudson to operate as a correspondent lender in their own name, control more of the process, and bring on additional investors with.
These guidelines put the maximum price for a first mortgage at $453,100 for a single-family dwelling. In New York City and some other expensive housing markets across the U.S., however, "anything from $453,101 to $679,650 is considered conventional ‘high balance pricing,’ and Fannie Mae is doing those loans as well," Gendels says.
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United Mortgages Corp’s only business is mortgages. Unlike a commercial bank, we are not limited to one or two standard programs. As a mortgage banker, we have many market sources to offer our clients. We know that each customer has a special set of circumstances and our specialty is identifying the right type of loan that meets your needs.
Hudson United Mortgage Services is a full-service mortgage banker/broker licensed in New York, New Jersey, Connecticut, and Florida that is growing its footprint in Westchester County with the recent opening of a new office at 570 Taxter Road in Elmsford. Moore has more than 24 years of experience in the mortgage banking industry.