Welcome to
www.Adirondack Banks.com

Adirondack Banks .com The premier web site for Adirondack Finance & Mortgages & Real Estate in the Adirondacks.
Rob Grant & Associates Real Estate

Search the multiple listing service for your Adirondack dream home!


Picture

Picture

Picture

Picture

Picture

Picture

Picture

Picture

Picture

Picture

Picture


Pre Fab Homes
Save thousands building your own home!


Pre Fab Homes
Save thousands building your own home!
Find prefabricated, manufactured, home kits & modular homes in your area. Dealer listings nationwide.
click here















Site Quick Guide
Refinance Considerations | Mortgage Refinance Costs | Build Home Equity Faster | Appraisal Basics | Appraisal Methods | Helping the Appraiser | Research Interest Rates | What is APR? | Lock in Your Rate | Low Down Payment Loan |

New York Mortgages
& Refinance Deals

Refinance your exisiting home loan now
& save thousands!
New York Mortgage Refinance
click here


Get competing quotes from certified lenders. 95% customer satisfaction.
New York Mortgage Loans
click here


NY Mortgage Brokers - Offering a variety of low interest loan programs to meet your needs in NY State.
New York Mortgage Brokers
click here



Free up cash for the things you need.
Get credit up to 125% of your homes worth!
New York Second Mortgages
click here



Mortgages for people with late payments, bankruptcy, judgments, charge offs and even foreclosure.
NY Bad Credit Mortgages.com
click here



Adirondack Mortgage Quotes
Receive up to 4 Local Mortgage quotes!
Adirondack Mortgages.com
click here


Local Adirondack Banks

Adirondack Bank
60 Main St Saranac Lake
518-891-232

Albank
Champain Centre N Plattsburgh NY
518-561-8770

Community Bank Na
Elm St Malone NY
518-483-3400

Glens Falls National Bank & Trust Co
250 Glen St Glens Falls NY
518-793-4121

Bank North Group
NY
888-792-1151

Tupper Lake National Bank
519 State Route 3 Plattsburgh NY
518-561-6696

HSBC
NY
800-975-4722

Key Bank 
NY
800-539-2968

Evergreen Bank 
NY
888-792-1151
. .
Fleet Bank
NY
800-637-4031

Why use a local bank for your home mortgage?

Get lower interest rates & a better variety of loans online from discount national banks.
click here to compare & get fast and easy mortgage solutions with the lowest rates available!

Check out these great rates with a click of your mouse!
New York Mortgages

Refinance Considerations

When you're making your decision, there are several things to keep in mind.

First, even a small rate cut can pay off quickly. That's because you can easily find mortgage companies willing to waive routine refinancing charges such as application, appraisal and legal fees (which can add up to $1,500 to $3,000). Of course, in exchange for low or no up front costs, you'll have to be willing to accept a rate that's somewhat higher than the prevailing rock bottom.

Second, if you are planning to stay in your home for at least three to five years, it may make sense to pay "points" (a point equals 1% of the loan amount) and closing costs to get the lowest available rate.

And third, you can avoid laying out cash and still get a low rate by adding the points and closing costs to your new mortgage. Does that mean shouldering a lot of extra debt? Not necessarily. If you've had your current mortgage for at least three years, you've probably reduced your balance by several thousand dollars. So you may be able to tack your closing costs onto your new loan and still end up with a mortgage that's smaller than your original one -- plus, of course, a lower rate and lower monthly payment.

Mortgage Refinance Costs

When you refinance your mortgage, you usually pay off your original mortgage and sign a new loan. With a new loan, you again pay most of the same costs you paid to get your original mortgage. These can include settlement costs, discount points, and other fees. You also may be charged a penalty for paying off your original loan early, although some states prohibit this. The total expense for refinancing a mortgage depends on the interest rate, number of points, and other costs required to obtain a loan. To obtain the lowest rate offered, most mortgage companies will charge several points, and the total cost can run between three and six percent of the total amount you borrow. So, for example, on a $100,000 mortgage, the company might charge you between $3,000 and $6,000. However, some companies may offer zero points at a higher interest rate, which may significantly reduce your initial costs, although your payments may be somewhat higher.

As college tuitions continue to increase at a frightening pace, discover what smart parents & students are doing across the country to fight back!
Save high tuition costs by going to school online!
Online Accredited Schools



Online College Degree Programs

Get a recession proof degree in the fastest growing fields:
Online Computer Science Special Education
Business Management Culinary Institutes
Game Design School Criminal Justice Degrees

Educational Loans Consolidation.com


ADIRONDACK CAREER DIRECTORY
Are you tired of your job? Ever thought about going back to school in your spare time to further your career?
Online programs give working adults and full-time students tremendous scheduling flexibility and the opportunity to earn a degree in less time than is usually possible through on-campus attendance.
If you want to start or accelerate your career, explore the online programs & request free information in the following areas:
click on the links below

Bad Credit Mortgages

Mortgages for people with late payments, bankruptcy, judgments, charge offs and even foreclosure.
click here


Build Home Equity Faster

Many borrowers use a refinance to shorten the term of the mortgage. And brace yourself, even at low rates, a shorter term means a higher monthly payment. The benefit is that you'll build up equity faster and pay far less in total interest over the life of the loan.

Consider Jim Neill, 48, a real estate broker and his wife Merrilyn, 55, a psychotherapist. Recently, the couple took out a 15-year fixed rate loan at 6.75% to replace an 8.13% ARM with a 30-year term. Their monthly payment jumped by $200, but now they will own their own home outright by the time they retire. In addition, the total interest on the 15-year loan will come to $95,447, vs. $222,234 on the remaining life of the ARM -- and that assumes their adjustable rate would have held steady at its current 8.13%. "This is forced savings," says Jim. "When we retire, we can scale down and take equity out of the house."

If you can't afford the payments on a 15-year mortgage, your next best means of building equity is to refinance for less than 30 years. To do so, ask your mortgage company to customize your new loan's term to match the years that are left on your old loan -- if you are five years into a 30-year mortgage, for example, ask for a 25-year loan.

Find the lowest interest rate loans offered anywhere in the US!


Compare current mortgage quotes with a click of your mouse!
Adjustable Mortgage Rates
Free Quotes with a Click!

Appraisal Basics

An appraisal of real estate is the valuation of the rights of ownership. The appraiser must define the rights he intends to appraise. The appraiser does not create value, the appraiser interprets the market to arrive at a value estimate. As the appraiser compiles data pertinent to a report, consideration must be given to the site and amenities as well as the physical condition of the property. An appraiser may spend only a short time inspecting the property, however, this is only the beginning.

Considerable research and collection of general and specific data must be accomplished before the appraiser can arrive at a final opinion of value.

Due to the many types of value, such as fair market value, insurance value, tax value and value in use, the need to precisely define the purpose of the appraisal is essential.

Appraisal Methods

An appraisal is an opinion of value or the act or process of estimating value. This opinion or estimate is derived by using three common approaches, all derived from the market.

  1. The cost approach to determining value is to estimate what it would cost to replace or reproduce the improvements as of the date of the appraisal, less the physical deterioration, the functional obsolescence and the economic obsolescence. The remainder is added to the land value.
  2. The comparison approach to determining value makes use of other "benchmark" properties of similar size, quality and location that have been recently sold. A comparison is made to the subject property.
  3. The income approach to determining value is of primary importance in ascertaining the value of income producing properties and has little weight in residential properties. This approach provides an objective estimate of what a prudent investor would pay based upon the net income the property produces.

Then, after thorough analysis of all general and specific data gathered from the market, a final estimate or opinion of value is correlated.


Helping the Appraiser

Once you have selected an appraiser, be prepared to answer questions and provide requested information such as:

  • What is the purpose of the appraisal?
  • When is the required completion date of the appraisal?
  • Is the property listed for sale and if so, for how much and with whom?
  • Is there a mortgage? If so, with whom, when was it placed, for how much, type of mortgage [FHA, VA etc.], interest rate, and are there any other types of financing.
  • What personal property, such as appliances, are included ?
  • If it is an income producing property, a breakdown of income and expenses for the last year or two and a copy of leases.
  • A copy of deed, survey, purchase agreement or other pertinent papers pertaining to the property.
  • A copy of current real estate tax bill, statement of special assessments, balance owing and on what [sewer, water, etc.].

    NEW YORK HOME LOANS



    Very Low interest loans for
    NEW YORK Homes & Condos!

    New York Mortgages
    click here

    Let the expert mortgage brokers in New York help you compare mortgage loan rates to save you time and money.
    New York Mortgages Brokers
    click here



    Compare current mortgage quotes with a click of your mouse!
    Find the lowest interest rate loans offered anywhere in the US.
    Free Quotes with a Click!















 

 

 







Research Interest Rates

Begin by checking out current interest rates and rate movements when shopping for a mortgage. Mortgage rates generally rise and fall along with Wall Street securities and generally reflect the overall direction of interest rates. By keeping an eye on mortgage market trends and key economic indicators, a borrower has a better chance of obtaining interest rate savings.

What is APR?
A tool used to compare loans across different lenders is the Annual Percentage Rate (APR). The Federal Truth in Lending law requires mortgage companies to disclose the APR when they advertise a rate. It is designed to represent the true cost of the loan to the borrower, expressed in the form of a yearly rate. The purpose is to prevent lenders from hiding fees and upfront costs behind low advertised interest rates.


Lock in Your Rate
A lock in, also called a rate lock or rate commitment, is a lender's promise to hold a certain interest rate and a certain number of points for you, usually for a specified period of time, while your loan application is processed. Depending upon the lender, you may be able to lock in the interest rate and number of points that you will be charged when you file your application, during processing of the loan, when the loan is approved, or later.

Are you paying too much?
Find the lowest interest rate loans with a few quick clicks.
Adjustable Mortgage Rates
See how your mortgage rate compares and save thousands of dollars!

click here

Qualifying for a Low Down Payment Loan

To be considered for a low down payment loan, you generally need to have:

  • Sufficient income to support the monthly mortgage payment
  • Enough cash to cover the down payment
  • Sufficient cash to cover normal closing costs and related expenses (explained below)
  • A good credit background that indicates your payment history or "willingness to pay"
  • Sufficient appraisal value, which shows the house is at least equal to the purchase price
  • In some instances, a cash reserve equivalent to two monthly mortgage payments

Closing costs, or settlement costs, are paid when the home buyer and the seller meet to exchange the necessary papers for the house to be legally transferred. On the average, closing costs run approximately 2% to 3% of the house price. This percentage may vary, depending on where you live.

Closing costs include the loan origination fee (if not already paid), points, prepaid homeowner's insurance, appraisal fee, lawyer's fee, recording fee, title search and insurance, tax adjustments, agent commissions, mortgage insurance (if you are putting less than 20% down) and other expenses. Your mortgage professional will give you a more exact estimate of your closing costs.

Points are finance charges that are calculated at closing. Each point equals 1% of the loan amount. For example, 2 points on a $100,000 loan equals $2,000. Companies may charge 1, 2 or 3 points in upfront costs in addition to the down payment. The more points you pay, the lower your interest rate will be. In some cases, you may be able to finance the points.

Search Thousands of Log Building Plans and Pre Fab Home Kits



Instant Search for:
Log Homes & Building
Pre Fab Homes

SAVE BIG
ON REFINANCING!



www.CheapSecondMortgages.com

www.CheapHomeEquityLoans.com

Find the lowest interest rate home loans including first time buyer loans, refinance, 2nd mortgages and more!

CheapCashLoans.com

 







Slideshow image

next>          play           stop

Please enjoy our Slide Show of Beautiful Adirondack Scenes
by Photographer Frank Houck


Since your web browser does not support JavaScript, here is a non-JavaScript version of the image slideshow:

slideshow image


slideshow image


slideshow image


slideshow image


slideshow image


slideshow image


slideshow image


slideshow image


slideshow image


slideshow image


slideshow image


slideshow image


slideshow image


slideshow image


slideshow image





Your Gateway to spectacular Saranac Lake homes and Saranac Lake real estate in the Adirondacks and Upstate New York.
We invite you to take a virtual tour of some of the most beautiful Saranac Lake properties currently for sale in the Adirondacks. We also invite you to preview homes and properties for sale in the Catskills & Hudson Valley Region.

This web site is a unique showcase for Adirondack Great Camps, mountain ski chalets, log cabins, fishing and hunting camps, waterfront properties, charming country inns, B&B's as well as unique vacation rental properties throughout Upstate New York.




Click here to visit Historic Saranac Lake
www.SaranacLakeNY.com
www.SaranacLakeNewYork.com
www.SaranacLakeWinterCarnival.com

Click here to visit the Olympic Village of Lake Placid, New York
www.LakePlacidNY.com
www.LakePlacid-NewYork.com




We invite you to visit our Adirondack Gallery showcasing unique Adirondack Furniture ~ Antler Chandeliers & Lamps ~ Hand Painted Canoe Paddles ~ Adirondack Packbaskets ~ Adirondack Prints ~ Authentic Birch Bark Framing ~ and beautiful hand crafted gifts. Click here!
We also offer interior design services for Adirondack
style camps & homes.

Birchbark Picture Frames

Antler Chandeliers

Snowshoe Lamps

Hand Painted Canoe Paddles




 
 
 

This web site offers consumers a comprehensive portal and resource center providing information on the following subjects:
Saranac Lake, saranac lake ny, saranac lake real estate, saranac lake or lake placid, saranac lake accommodation , carnival lake saranac winter, lake point saranac, saranac lake news, saranac lake high school, central lake saranac school, lake saranac web cam, saranac lake newspaper, lake ny saranac, hotel lake saranac , chamber commerce lake saranac, lake saranac weather, real estate saranac lake ny , lake realty saranac, lake rental saranac, hospital lake saranac, lake lodging saranac , lake saranac upper, lake n.y saranac, the point saranac lake ny, lake restaurant saranac, lake resort saranac, lake saranac snowmobiling, lake ny saranac weather, saranac lake winter carnival, saranaclake

Lake Placid, lake placid ny, lake placid new york, lake placid florida, lake placid lodge, lake placid hotel, lake placid lodging, lake placid fl, lake placid real estate, holiday inn lake placid, lake placid resort, hilton lake placid, iron man lake placid, lake placid ski, lake placid skiing, lake placid rental , lake placid chamber of commerce, lake placid accommodation, lake placid florida real estate, mirror lake inn lake placid, lake placid olympic center, lake placid weather, lake placid ny hotel, lake placid ice skate, lake placid restaurant, bed and breakfast lake placid, hilton lake placid resort, saranac lake or lake placid, lake placid inn, northwoods inn lake placid, lake placid olympics, lake placid ski resort , lake placid high school, lake news placid, ramada inn lake placid, lake placid best western, hotel lake placid new york, lake placid vacation rental, lake placid web cam, lake placid ny lodging, lake new placid restaurant york , lake placid vacation, lake placid ny real estate, lake placid movie, lake placid cabin , lake placid winter, hotel in lake placid, holiday inn lake placid ny, lake placid map, lake placid tourism, lake picture placid, lake placid resort and holiday inn, comfort inn lake placid, hockey lake placid tournament, lake placid 1980, inn lake lake mirror ny placid, in lake placid rage, lake placid newspaper, bobsled lake placid, cruise lake ny placid , estate lake new placid real york, hotel in lake ny placid, lake ny placid spa, lake placid hockey , northwood school lake placid, lake ny placid weather, lake placid event, lake placid whiteface, lake placid wedding, econo lake lodge placid, florida lake placid realtor, club lake placid, lake lodging new placid york, lake placid club lodge, map of lake placid florida, lake placid fl real estate, lake motel placid, bureau lake placid visitor, country cross lake placid skiing , lake placid fla, arrow golden lake placid, condo lake placid, lake placid snowmobiling, lake package placid ski, 1980 lake placid olympics, lake marathon placid, lake placid game, condo lake placid rental, lake luge placid, lake olympic placid village, airport lake placid, arts center lake placid , chamber commerce lake ny placid, lake lodge placid whistler, lake placid shopping, lake photo placid, eve lake new placid years, inn interlaken lake placid, lake placid ski vacation, lake map new placid york


We invite you to visit our award winning network of Upstate New York
& Vermont Travel Sites!

Adirondacks.com
GlensFalls.com
LakePlacidNY.com
SaranacLakeNewYork.com
Saratoga-NewYork.com
Upstate-NewYork.com
LakeChamplainValley.com
Burlington-Vermont.com
ThousandIslandsNewYork.com
MaloneNY.com
NorthCreekNY.com
WestportNewYork.com
OldForge-NewYork.com
CliftonParkNewYork.com
Albany-New-Y
ork.com
Troy-NewYork.com
Utica-NewYork.com
Rome-NewYork.com
WarrensburgNewYork.com
Potsdam-NewYork.com
AdirondackHighPeaks.com

Canton-NewYork.com
Massena-NewYork.com
Plattsburgh-NewYork.com
LakePlacid-NewYork.com
GlensFalls.net
SchroonLakeNewYork.com
KeeneNY.com
KeeneValleyNY.com
ChestertownNY.com
GlensFallsNY.com
TiconderogaNewYork.com
TheChamplainValley.com
Champlain-Valley.com
ChamplainValleyRegion.com
ChamplainValley.net
SaratogaSpringsRegion.com
Watertown-NewYork.com
SaranacLakeNY.com
HighPeaksWilderness.com
VisitUpStateNewYork.com
SaranacLakeWinterCarnival.com
Adirondacks.com Network
www.Adirondacks.com
www.AdirondackLodging.com
www.AdirondackHotels.com
www.AdirondackDining.com
www.AdirondackSkiing.com
www.AdirondackWeather.com
www.AdirondackCrafts.com
www.AdirondackClassifieds.com
www.AdirondackBooks.com
www.AdirondackArts.com

www.AdirondackAuctions.com
www.Adirondack-Rentals.com

Primary Tourism Destinations
& Hospitality Web Sites

Saratoga Springs Region
SaratogaSpringsRegion.com

www.SaratogaInns.com
www.SaratogaHotels.com
www.SaratogaAttractions.com
www.SaratogaSpringsDining.com
www.SaratogaSpringsLodging.com
www.SaratogaSpringsRestaurants.com
www.SaratogaDirectory.Com
Glens Falls
GlensFalls.com
GlensFalls.net
GlensFallsNY.com

Lake Placid
www.LakePlacidNY.com

www.LakePlacidHotels.com

www.LakePlacidShopping.com

www.LakePlacidRestaurants.com
www.LakePlacidInns.com
www.LakePlacidDining.com

www.LakePlacidResorts.com

www.LakePlacidSports.com
www.LakePlacidSkiing.com
www.LakePlacidHockey.com
www.LakePlacidSchools.com

www.Lake-Placid-New-York.com
www.LakePlacid-RealEstate.com
www.LakePlacid-Rentals.com

Saranac Lake
SaranacLakeNewYork.com
SaranacLakeNY.com
SaranacLakeRealEstate.com
SaranacLakeWinterCarnival.com
SaranacLakeRentals.com

SaranacLake-Rentals.com
SaranacLake-RealEstate.com
Saranac-Lake-New-York.com

Hudson Valley Region
Hudson-Valley.com
HudsonValley-Real Estate.com
FishkillRealEstate.com
HurleyRealEstate.com
KinderhookRealEstate.com
RedHookRealEstate.com
Canada
CanadaVisitorGuide.com
TorontoVisitorGuide.com
OntarioVisitorGuide.com
OttawaTravelGuide.com
MontrealVisitorGuide.com
QuebecTravelGuide.com
VancouverVisitorGuide.com



Village of Lake George
www.VillageofLakeGeorge.com
www.DiscoverLakeGeorge.com
www.Lake-George-NewYork.com

www.LakeGeorgeClassifieds
Lake Champlain Valley
LakeChamplainValley.com

ChamplainValleyRegion.com
TheChamplainValley.com
ChamplainValley.net

Champlain-Valley.com
Burlington-Vermont.com

Catskills Region
Catskills-NewYork.com
Catskills-Real Estate.com
EsopusRealEstate.com
WoodstockHouses.com
HunterMountainReal Estate.com
PhoeniciaRealEstate.com
Woodstock-RealEstate.com


To learn more about how your business can benefit from advertising on our exclusive network of award winning travel sites
click here

 

We also invite you to visit our comprehensive network of Florida Travel Web Sites:
Florida Visitor Guides.com

www.Daytona Visitor Guide.com
www.Daytona Travel Guide.com
www.Daytona Beach Visitor Guide.com
www.Visit Daytona Florida.com

www.New Smyrna Beach Guide.com
www.New Smyrna Hotels.com
www.New Smyrna Rentals.com
www.New Smyrna Beach Lodging.com
www.New Smyrna Beach Restaurants.com
www.New Smyrna Beach Dining.com
www.New Smyrna Beach Shopping.com
www.New Smyrna Beach Weather.com
www.New Smyrna Florida.com
www.New-Smyrna-Beach-Florida.com

Anna Maria Island Guide.com
Anna Maria FL.com
Anna-Maria-Island-Florida.com
Anna-Maria-Island-Rentals.com
Anna-Maria-Island-Real-Estate.com
Anna Maria MLS.com
Anna Maria Island Beach Rentals.com
Anna Maria Island Photos.com
Anna Maria Property.com
Anna Maria Island MLS.com
Anna Maria Island Real Estate Agents.com
Anna-Maria-Island.org
GulfofMexicoWeather.com
FloridaVisitorGuides.com



Discount Shopping Network
DiscountShoppingCenters.com
DiscountShoppingChannel.com