Artisan Mortgage Company offers home loan programs and low mortgage rates to home buyers and homeowners in southeastern Suffolk County, New York area including East Hampton, Hampton Bays, Sag Harbor, Montauk and Southampton.
From fixed rate and adjustable rate mortgage programs to jumbo loan financing, Artisan Mortgage has got you covered.
Our highly experienced East Hampton, NY mortgage brokers will help you to achieve your financial goals and find the best loan.
Whether you are looking to purchase a house in East Hampton, need jumbo loan in Montauk or you are refinancing mortgage in Southampton, NY Artisan Mortgage can help through every step of the financing process.
In December 2022, the median listing home price was $2.2M, up 11.5% compared to last year.
We specialize in home loan programs across East Hampton NY communities. We provide a wide range of loan programs and the personal attention you deserve. Our highly experienced team is standing by when you’re ready to get started!
With over 20+ years of experience, working in New York mortgage industry you can rest assured that our local loan officers will provide you with a competitive loan that meets your unique situation.
Adjustable Rate Mortgages (ARMs)
- Minimize Initial Payments – You can use an ARM loan to obtain a lower initial monthly payment and lower upfront costs than a fixed rate loan.
- Get Approved – ARM loans can make getting approved easier because they often allow higher consumer debt.
The "Hybrid" loans, 3/1,5/1, and the 7/1, give you some security with being fixed as well as providing usually lower rates than the 30 year fixed. they are a good "middle ground" especially if you need the cash flow or your out look on keeping the Southampton NY home loan or the home is seven years or less.
Home Equity Line of Credit
Commonly referred to as a HELOC, a home equity line of credit offers a revolving line of credit, giving you the ability to withdraw money as needed and pay interest only on the amount drawn. HELOCs are often used for major purchases such as home improvement projects. You can obtain a HELOC in Springs NY and even while you still have a mortgage but only for a certain amount, based on your credit and the amount of equity in your home.
We Have The Loan That Is Right For Your Situation and That Fit Your Risk Nature
We offer many programs lending up to 100% of the appraised value for borrowers. Second mortgages can be a great way to put the accumulated equity in your home to work in other financial areas, get cash for home improvements.
Whether you are buying a new home in East Hampton, Southampton, Amagansett or refinancing existing mortgage in Water Mill, Shelter Island we have the right mortgage solution for you.
We offer several mortgage refinancing options in Springs, NY: FHA (Federal Housing Authority) loan, VA (Veterans Affairs) loans, ARM mortgages and HARP.
We have helped many homeowners across Long Island including West Hampton, Beach Quogue, Bridgehampton, Hampton Bays and Montauk.
Are you a real estate investor? Find out how we can help you finance more properties. Refinance today, buy more properties tomorrow. If you’re a real estate investor, we can help. Get more loan choices – We offer many different home loan programs in Springs NY that we can tailor to fit your individual needs and lifestyle.
3/1 ARM Loans
Typically these loans are considered prime loans and offer a reduced interest rate when compared to the standard 30 year fixed rate. These types of loans are best for consumers that are likely to live in a home for only a short period of time (1-3 years).
Because your credit report and score are used throughout your life in connection with significant purchases, it is important to maintain your credit the best you can. To lenders, your credit score summarizes how reliable you are, how well you manage your money, and the likelihood that you will repay the money you owe in a timely manner.
This type of loan is designed to help the client purchase a home. The collateral used to secure this loan is the home he is purchasing.
High ethical standards and integrity have enabled Artisan to grow into one of the fastest rising mortgage brokers on Long Island, New York.
Artisan Mortgage Company is a full service Long Island mortgage broker providing a variety of home loans to homeowners and homebuyers across East Hampton, Hampton Bays, Sag Harbor, Montauk and Southampton NY specializing in loan purchasing, mortgage planning, home equity and refinancing.
Learn more about median home value: www.zillow.com/east-hampton-ny/home-values/