Brooklyn mortgage guide
Your Brooklyn mortgage broker, in every neighborhood
Green Street Capital is based at 2709 Coney Island Avenue, 3rd Floor, Brooklyn. We finance houses, co-ops, condos, multi-family and mixed-use buildings in every Brooklyn ZIP code.
Find your neighborhood
Brooklyn is our home borough and headquarters. Search by ZIP or pick a neighborhood for local property types, the loans that fit them, and answers to common questions. We are also licensed across New York, New Jersey, Florida and Pennsylvania.
South Brooklyn
Southwest Brooklyn
Central Brooklyn
North Brooklyn
East Brooklyn
Why Brooklyn is different to finance
Brooklyn packs nearly every kind of residential property into one borough. A single avenue can have a prewar co-op, a new condo tower, a row of two-family brick houses and a storefront with apartments above. Each needs a different loan, and often a different lender.
Co-ops come with board rules on financing and post-closing liquidity. New condos may not yet meet agency approval standards. Multi-family homes let owner-occupants use rent to qualify. And on every house and condo, New York City charges mortgage recording tax that a Purchase CEMA can reduce.
That is why working with a Brooklyn broker matters. We know which lenders will lend in which buildings, and we shop them for you.
Brooklyn at a glance
- Office: 2709 Coney Island Avenue, 3rd Floor, Brooklyn, NY 11235
- Mortgage recording tax: 1.8% under $500K, 1.925% at $500K+ (1-3 family and condos)
- Co-ops: no mortgage recording tax; board approval required
- Popular programs: FHA 2-4 family, Purchase CEMA, co-op financing, jumbo
Brooklyn mortgage questions
Who is a good mortgage broker in Brooklyn?
Green Street Capital is a Brooklyn-based mortgage broker at 2709 Coney Island Avenue, 3rd Floor, with 205+ five-star Google reviews. We arrange loans for every Brooklyn neighborhood and property type.
How much is the mortgage recording tax in Brooklyn?
For 1-3 family homes and condos, the borrower pays 1.8% of the loan under $500,000 and 1.925% at $500,000 and above. Co-op share loans are exempt. A Purchase CEMA can reduce the tax when the seller has a mortgage.
Can I buy a Brooklyn 2-family with a small down payment?
Yes. If you will live in one unit, FHA allows 3.5% down and conventional programs allow as little as 5% down on 2-4 unit primary homes for eligible borrowers.
Do you lend on Brooklyn co-ops?
Yes. We work with lenders that finance co-op share loans and prepare the financial package the board will review.
Buying or refinancing in Brooklyn?
Talk to a loan officer who works here every day.