Review Mortgage Lenders

Avenue Mortgage

Avenue Mortgage Corporation

David Pendley, President of Avenue Mortgage describes his passion for lending for over 25 years.

Michael Cohen Puts Up Family Apartment Against Bank Debts

Bloomberg reported last month, after federal investigators in New York swept up records from his residences and office as they investigate possible bank fraud among other issues. Cohen and the Trump Organization are fighting U.S. prosecutors to shield documents from review they claim are protected by attorney-client privilege.

Home-Equity Line

For more than a decade, Cohen’s Park Avenue apartment had a $2 million mortgage against it. Then, in early 2016, his wife, Laura, took out a $500,000 home equity line of credit from First Republic Bank.

Cohen has said he used a home equity line of credit to make a $130,000 payment to Stephanie Clifford, an adult-film actress known as Stormy Daniels, who says she had an affair with Trump. Trump initially denied knowledge of such a payment. But last week, Trump lawyer Rudy Giuliani said Cohen had been reimbursed in the form of monthly retainer payments.

The Park Avenue apartment could be valued at $8 million or more, based on the price-per-square foot sales figures of other non-penthouse units in the building during the past year.

TRANSACTIONS: Progress inks $10M in Jersey financing; Eastern Union funds more than dozen deals

Meridian Capital announced the following transactions:

• A new mortgage of $13,000,000 on a 31-unit multifamily property located on Lincoln Place in Brooklyn, NY. The loan features a rate of 3.98% and a five-year term. Judah Hammer and Daniel Neiss negotiated this transaction.

• A new mortgage of $4,000,000 was placed on a cooperative property totaling 53 units located on 77th Street in Jackson Heights, NY. The loan features a rate of 3.88% and a 10-year term. This transaction was negotiated by Avi Geller and Nicoletta Pagnotta .

• A new mortgage iof $3,180,000 on an eight-unit multifamily property located on Hart Street in Brooklyn, NY. The loan features a rate of 3.5% and a five-year term. Jacob Rochlitz and Tzvi Krieger negotiated this transaction.

• A $2,300,000 mortgage on a cooperative property totaling 65 units located

Mortgage Assistance? With the multitude avenues reported in the news about mortgage relief, where is the best?

source of information. I am not in default of my mortgage. My payments have never been late. We have been in this house for 5 years. We have an interest rate of 5%.

Absolutely NOTHING. Your loss of value is intangible and Zillow posts a warning that their estimates are not guaranteed. Enjoy your home and stop worrying.