Block Financial Resources

Mortgage Broker serving New York, NY

About Block Financial Resources

Block Financial Resources (BFR) is a top-rated mortgage broker based in New York, NY, with over 15 years of experience in the lending industry. Established around 2009, BFR distinguishes itself by providing an intimate, hands-on approach to mortgage financing, emphasizing client education and advocacy. They serve as a crucial intermediary, connecting borrowers with an extensive network of over 50 wholesale lenders to secure competitive rates and terms.

The company prides itself on elite service, quick turnaround times, and transparency, facilitated by its proprietary technology. This digital infrastructure allows for expedited loan documentation review, online applications, secure document uploads, and real-time status updates. BFR's core philosophy centers on ensuring clients receive comprehensive information and support throughout their homeownership or investment journey.

Block Financial Resources offers a vast array of residential and commercial loan products. For residential clients, they provide options including Conventional, FHA, VA, Jumbo, Non-QM, and specialized renovation loans like Fannie Mae HomeStyle and FHA 203k. Their commercial mortgage services extend nationwide. BFR's commitment to finding the best loan scenarios for each borrower, combined with their strong lender relationships, positions them as a valuable resource in the mortgage market.

Company Information

Founded: 2009
Lender Type: Mortgage Broker
Headquarters: New York, NY

Licensed In

ALL

Specializations

First-Time HomebuyerRenovation LoansNon-QM LoansInvestment PropertiesCo-op FinancingForeign National ProgramsSelf-Employed Borrowers

Digital Capabilities

Online Application
Digital Document Upload
Online Account Management
Rate Calculator
Pre-Qualification Tool
Real-Time Status Updates

Home Loan Products

Conventional & Conforming Loans

Loan Types:
ConventionalRefinanceCash-Out RefinanceSecond Mortgage
Rate Types:
Fixed RateAdjustable Rate (ARM)
Property Types:
Single-Family HomeCondoTownhouseMulti-Family (2-4 units)Co-opInvestment PropertyVacation/Second Home
Occupancy Types:
Primary ResidenceSecond HomeInvestment Property
Special Programs:
Low Down Payment ProgramHomeReady ProgramHome Possible ProgramFirst-Time Homebuyer
3%
Min Down Payment

Government Loan Programs

Loan Types:
FHAVARefinance
Rate Types:
Fixed RateAdjustable Rate (ARM)
Property Types:
Single-Family HomeCondoMulti-Family (2-4 units)
Occupancy Types:
Primary Residence
Special Programs:
Veteran ProgramFHA 203kDown Payment Assistance

Jumbo Mortgages

Loan Types:
Jumbo
Rate Types:
Fixed RateAdjustable Rate (ARM)
Property Types:
Single-Family HomeCondoCo-opMulti-Family (2-4 units)
Occupancy Types:
Primary ResidenceSecond HomeInvestment Property

Non-QM & Specialty Programs

Loan Types:
Non-QMBank StatementDSCRNon-QMInterest-Only
Rate Types:
Fixed RateAdjustable Rate (ARM)Interest-Only
Property Types:
Single-Family HomeCondoCo-opMulti-Family (2-4 units)Investment Property
Occupancy Types:
Primary ResidenceInvestment Property
Employment Types:
Self-Employed
Income Verification:
Bank StatementNo Income Verification
Special Programs:
Bank Statement ProgramSelf-Employed ProgramForeign National ProgramNon-Resident Alien Program

Renovation & Construction Loans

Loan Types:
ConstructionRefinanceCash-Out Refinance
Rate Types:
Fixed RateAdjustable Rate (ARM)
Property Types:
Single-Family HomeCondoTownhouseMulti-Family (2-4 units)
Occupancy Types:
Primary ResidenceSecond HomeInvestment Property
Special Programs:
Renovation LoanFHA 203kEnergy Efficient Mortgage
75%
Max LTV

Reverse Mortgages

Loan Types:
Reverse Mortgage
Rate Types:
Fixed RateAdjustable Rate (ARM)
Property Types:
Single-Family HomeCondoTownhouse
Occupancy Types:
Primary Residence

Commercial Loan Products

Commercial Mortgages

Loan Types:
Conventional CRECommercial Construction
Property Types:
Multifamily (5+ units)Mixed-Use

Contact Information

Professional Licenses

NMLS ID: 132830
1123 Broadway #921
New York, NY 10010
US
Mailing Address:
1123 Broadway, Suite 921 New York, NY 10010

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Business Information

Category: Mortgage Broker
Location: New York, NY
Status: Standard
Founded: 2009
Type: Mortgage Broker
NMLS ID: 132830
Profile Views: 0

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