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At Lynx Mortgage Bank LLC, our team is dedicated to providing our clients with competitive interest rates and offers that work for everyone, while ensuring our clients understand the mortgage process and feel confident in their decisions.
If you want to learn the secrets of the financial industry and make sure you are fully informed on your loan, check out our series of regularly posted blogs below!
Articles
Securing a Home Loan as a Self-Employed Professional
Navigating home financing as a self-employed individual or a gig worker can be a bit tricky. Lenders often prioritize stable, verifiable income, which can pose challenges for those without traditional paychecks or W-2 forms. However, being self-employed doesn't...
Mortgage Market Update – February 6th, 2024
Market Insight The past week in the mortgage market saw relatively stable bond prices, resulting in flat rates overall. Economic data releases caused notable fluctuations, with mid-week improvements driven by weaker-than-expected ADP employment figures and modest...
Average mortgage rate increases to 6.42%, snapping streak of declines
The average long-term mortgage rate rose to 6.42% this week, ending a streak of six consecutive weeks of falling rates, according to mortgage giant Freddie Mac. Last week, the average 30-year fixed rate was 6.27%. That was a marked improvement from late October and...
An Overview of Key Factors Affecting Interest Rates
Most home buyers, including first-time buyers and those who have owned multiple homes, require a down payment and a mortgage for a residential purchase. As one of the leading mortgage loan lenders in Nassau County, NY, Lynx Mortgage Bank, LLC provides support for...
What Is a Jumbo Loan, And When Do You Need One?
Buying a house is probably one of the most expensive financial decisions you will ever make in your life. As such, it is no surprise that most home buyers rely on mortgages to finance their new homes. The federal government sets restrictions on how much you may...
Long Island Housing Market Predictions for 2022
With low housing inventory, rising prices, and intense bidding wars, the last two years have been a rollercoaster ride for many Long Island home buyers. Fortunately, housing experts believe that 2022 will be a more positive year for those looking to purchase a house...
Long Island Beaches You Must Visit This Year
Long Island is known for its gorgeous beaches where you can relax, enjoy the sun and spend quality time with loved ones. From the Jones to the Orient, the beaches on Long Island have something to offer for everyone. Here are some of the beaches you must visit this...
What You Need to Know Before Applying for Refinancing
Refinancing is often the best option for homeowners to reduce mortgage costs. It can allow you to get lower interest rates, hence decreasing your monthly payments. Keep reading to learn more about the necessary steps you need to take before applying for mortgage...
Five Must-Visit Long Island Coffee Shops
Long Island is famous for drinks, bagels, sights and being the hometown of Billy Joel. But the realm of drinks goes beyond beer and wine. Did you know Long Island has a variety of local coffee shops? It's a fact that Long Islanders find coffee to be as necessary to...
Loan Limits Increase for GSE and FHA Loans
2022 sees the latest increases in the amount of funding permitted by the Freddie Mac and Fannie Mae financial institutions. The Federal Housing Authority and Government-Sponsored Enterprises must work within the confines of the loan requirements. The rising level of...
You Still Have Time for Winter Fun on Long Island
There is something special about wintertime and the chill in the air. It can make for new activities or experiencing old favorites. Wintertime on Long Island has no shortage of fun things to do as a family, with friends or by yourself. Take a look at what is available...
National Real Estate Market Mirrored in Long Island
Across the country, buyers trying to enter or change homes in the current real estate market are feeling like roadblocks have been thrown up. Inventory has been decreasing, home prices have been increasing and mortgage interest rates are up and threatening to go...
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Lynx Mortgage Bank LLC
Licensed Mortgage Banker: NYS Department of Financial Services NMLS # 5838
877-599-LYNX • 143 Post Avenue • Westbury, NY 11590 • T: 516-334-0200 • F: 516-334-0225 • Sitemap
Licensed Florida Mortgage Lender #MLD2370
Equal Housing Lender | Not a Depository Institution
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