Home Kite Mortgage
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Home Kite Mortgage
We advise on all information relating to purchase, ownership, operations, and financing/refinancing of homes. Budgeting, mortgage costs, location of property, style of home, hidden costs of home ownership are just a handful of the many issues to be considered when choosing your first home. Speak to an expert who has knowledge and experience to guide you and stay with you through the entire process.

As first time investors, you are likely to own your own home but that does not prepare you to be a landlord. Rent collection, screening tenants, repairs & renovations, tax planning are just a few of the subjects you need to consider before becoming a landlord. Speak to an expert with many years of experience as a landlord. Reverse mortgages allow borrowers to tap the equity in their home to live will remaining in their home.

Loan sizes from $100,000 to $3,000,000 are available. Equity in your home is all you need to qualify. Construction & rehabilitation loans are available to fix a home and sell it or to fix it and keep it as a rental.
Services
HomeKite Housing Consulting LLC will help you achieve your dreams.
We advise on all information relating to purchase, ownership, operations, and financing/refinancing of your home.
We serve the New York Metro area and Long Island and can help you get the traditional or non traditional loan you need including no income check loans, jumbo reverse mortgages, and more.
We are NOT a lender.
We are a consulting firm dedicating to helping home buyers and home owners find the best realtor and the right lender that matches your needs.
Trying to buy a home for the first time can be quite intimidating.
Few decisions in life require as much planning and carry as much weight as deciding where you and your family will live for years to come.
Before you start your house search, you should carefully examine your finances.
Lenders will look at metrics including your credit history, income history, and employment status.
You should also ensure that your spending habits and total savings are in order so you can be ready for unexpected expenses that will surely come your way sooner or later.
In simple terms, investment property is something that one purchases with the intent to earn a return on investment.
With regards to houses and apartments, one who purchases investment property typically does so with the intention of renting that property out and becoming a landlord.
Depending on the property, the desired tenants will be quite different as the typical tenant for a one bedroom apartment in Manhattan will be very different from the typical tenant for a three bedroom house on Long Island.
A no income check loan, also known as a no income verification (NIV) loan or a stated income loan, is a loan that does not require the borrower to show tax returns, W-2's or paystubs.
In lieu of those standard documents, the lenders will review 12 or 24 months business bank statements, or a profit & loss statement accompanied by a letter from the borrower's accountant stating the borrower is self-employed.
Many borrowers are self-employed and make a good living.
However, they frequently are unable to prove this by providing their tax returns.
While traditional mortgages involve people borrowing large sums of money all at once to buy a house, reverse mortgages involve people converting the equity that they already have in their house into cash.
Reverse mortgages allow the homeowner to live in their home during the life of the loan.
The homeowner uses the home as collateral for the loan and chooses how to receive payments, and the lender is paid back through the sale of the house once the homeowner sells the house or passes away.
If the home sells for more than what is owed to the lender, the excess money goes to the homeowner or the estate of the homeowner.
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