Garden City Mortgage

Garden City Mortgage is a mortgage broker in Franklin Square, NY. The business has been in operation since 1997 and operates as a New York Registered Mortgage Broker, arranging loans with third-party providers. The firm serves borrowers seeking home loans, offering a variety of products including traditional fixed-rate mortgages, adjustable-rate mortgages, interest-only mortgages, graduated payment mortgages, conventional loans, FHA home loans, VA loans, and jumbo loans. The company utilizes an online platform where clients can submit secure loan applications, pre-qualify for home loans, and evaluate financing options using interactive calculators. Staff members analyze financial profiles to determine which lender offers the best product and rate, submitting applications to multiple lenders to secure lower rates and fees compared to direct bank applications. The business also assists self-employed borrowers with income documentation and guides clients through the pre-approval process, helping them determine buying power based on standard lender guidelines.

The firm emphasizes a wholesale approach to mortgage brokering, explaining that brokers shop loans to many lenders with a single application and credit report. This method allows the broker to resolve problems before they arise and manage issues directly with the lender until the loan closes. Garden City Mortgage focuses on providing the lowest interest rates and closing costs possible, helping borrowers overcome roadblocks during the securing of a loan. The website provides educational content on loan programs, explaining concepts such as Loan-To-Value ratios, Debt-to-Income Ratios, and FICO Credit Scores. It also details the process of paying points to lower interest rates and how the Annual Percentage Rate reflects the true cost of a mortgage.

The business holds a rating of 5.0 based on 13 reviews. Customers highlight Robert as a knowledgeable and experienced professional who is thorough, efficient, and quick to respond to inquiries. Reviewers note that he manages the entire process from start to finish, pushes to get things done right up until closing, and helps clients find great rates. Clients describe the refinancing and closing processes as smooth and easy, recommending the business for its honesty and competence.

Garden City Mortgage combines its experience since 1997 with a broker model designed to secure competitive rates for Franklin Square residents.