Affinity Lending Program & Mortgage Information

Mortgage Information and Resources

Credit Score
Your credit history will be checked by lenders when you are pre-approved for a mortgage, when you apply for a mortgage, and right before closing. You can check your credit every year on or Both pull credit from all three agencies – Trans Union, Equifax and Experian.

Credit Unions 

Since credit unions are not-for-profit, it might be worthwhile investigating the option of becoming a member and opening an account with one and therefore being eligible to apply for a home mortgage. With an IDCNY membership, there are several credit unions that offer membership as a benefit.


Government Programs
Following are some city, state and federal organizations that offer home buying programs and services, including programs for first-time home buyers.

NYC Department of Housing Preservation & Development (HPD)
State of NY Mortgage Agency (SONYMA)

Consumer Financial Protection Bureau

U.S. Department of Housing & Urban Development (HUD)
HUD, Good Neighbor Program
HUD, Types of loans (FHA-low down payment; senior citizens; renovation and energy efficiency loan (203K)
Fannie Mae
Freddie Mac
Veteran’s Administration (VA) 

Other Lenders

Citibank offers a competitive mortgage for first-time homebuyers through the Home Run Program.

On-line Mortgage Calculators
Zillow offers three types of calculators – a mortgage calculator, a refinance calculator and an affordability calculator.

On Malvern National Bank’s website, there are several types of mortgage calculators available -- a bi-weekly calculator, adjustable rate mortgage calculator, mortgage loan calculator, mortgage comparison: 15 years vs. 30 years, mortgage qualifier, and a refinance breakeven.  

Bank Rate offers 71 types of mortgage calculators -- from fixed rate through remodeling calculators.  

Properties in Foreclosure

There are several websites which list foreclosed properties and properties being offered at auction.

Types of Loans

Adjustable Rate (ARMS)
Conventional Loans
FHA Loans (3.5% Down)
Fixed Rate Loans
Jumbo Loans
Renovation Loans

Check the Office of Work/Life’s website for all real estate and mortgage terminology. 

Disclaimer:  This content is provided for informational purposes only.
Listing of the websites above does not constitute a recommendation of these websites nor is the accuracy of the information listed in these websites verified by the Office of Work/Life.
Columbia University does not assume any responsibility in connection with any of these websites, and recommends that any information listed therein be independently verified.