What Mortgages Are Buyers Getting for Deer Park NY Homes?
For inquiring minds, buyers are getting mortgages for Deer Park NY homes. The chart below shows what types of mortgages buyers are getting approved for:
149 Deer Park NY homes sold in 2012. 58 buyers were approved for FHA mortgages, 46 were approved for conventional mortgages, two were VA mortgages, two were Fixed Conventional, 18 are unknown and 23 buyers paid cash for their homes. 
As you can clearly see, buyers are getting approved for mortgages for Deer Park NY homes. The majority of them are getting FHA mortgages which means they can put down 3.5% but the home has to meet certain condition criteria. If the home is in poor shape then an FHA mortgage will not work. Buyers for those homes will have to get either a 203K mortgage or pay cash.
Call/Text Jackie today (631) 703-0201 when you have questions or concerns about the Deer Park NY real estate market. Feel free to email as well: JackieConnelly@optonline.net
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