confirm to continue
Income: $65,000.00
or 8 times the maintenance fee of the unit, whichever greater.
Credit Score: 725
Max Debt-to-Income Ratio: 35%
Max % of Purchase Price Financed: 75%
Minimum Down Payment: 25%
Fees set by and remitted to building and property management company.
| payor | fee | due upon | amount |
|---|---|---|---|
| Buyer | Administrative Fee (Non Refundable) | Submission | $200 |
| Buyer | Application Processing Fee (Non Refundable) | Submission | $595 |
| Buyer | Credit Report Fee & Background Check Fee (Required, Non-Refundable) | Submission | $175 for each applicant and additional occupants over the age of 18 years of age |
| Buyer | Maintenance Fee | Closing | Maintenance for the following month |
| Seller | Month of Closing Maintenance Fee | Closing | Any unpaid maintenance through the month of closing |
| Seller | NYS Transfer Tax Fee | Closing | $0.05 per share |
| Seller | Transfer Agent Fee | Closing | $850 |
One-time fee paid by the person who begins the application.
| payor | fee | due upon | amount |
|---|---|---|---|
|
Agent /
Attorney Applicant
Current Resident
|
Sale/Lease
Sale/Lease
Refinance/Renewal
Alterations
|
Initiation
Initiation
N/A
|
$75
$120
Free
|
| Application Participants | Any | N/A | Free |
If you are a real estate agent affiliated with one of our enterprise brokerage clients starting an application is covered by your brokerage.
| payor | fee | due upon | amount |
|---|---|---|---|
| New Resident | Purchase Sublet/Lease Storage Sale Parking Sale |
Submission | $65 |
| Current Resident | Renewal Refinance Transfer Storage Sale Parking Sale Alteration |
Submission | $45 |
| payor | due upon | amount |
|---|---|---|
| Any Participant Paying Building Fees | Submission | 5% of Total (excluding Digital Submission & Initiation Fees) |
For more detailed information, please see our Pricing page.