Fishermans Wharf West Babylon NY Coops - What Are The Income Requirements?
The income requirements to live in Fisherman's Wharf West Babylon NY for Board approval are:
- $53,950 if you are taking a mortgage.
- $44,141 if no mortgage.
- 3 to 1 Debt-To-Income Ratio: If you earn $100,000 per year, your debt cannot exceed $33,000.
- 15% down payment minimum. It used to be 20%.
You are also required to complete an application for the Board to review. You must include the following: paystubs, W-2 and tax returns.
Sounds like we are being nosey but if you do not meet the above requirements or even one of them, you will be turned down by the Board and your time was wasted.
Cell: (631) 703-0201
Office: (631) 226-5995 Ext. 242
Email: JackieC@century21aa.com
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Website: www.lindenhurstnyrealestate.com
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