The other four, and their NYGenWeb links when applicable, are: Manhattan (New York County), Brooklyn (Kings County) (also here), , Queens (Queens County), and The Bronx (Bronx County). It is officially known as Staten Island since the 1970's.
SBA Loan. Definition: Term loans from a bank or commercial lending institution that the SBA guarantees as much as 80 percent of the loan principal for . SBA financing programs vary depending on a borrower's needs.
The trade-off is that youâre required to pay mortgage insurance for a USDA loan. Currently, there are two mortgage insurance payments buyers are responsible for. The first is a payment equal to 2% of the loan amount, which is due at closing. The second is a monthly mortgage insurance premium thatâs 0.4% of the loan balance.