Commercial
SBA Mortgages in New York, NY
New York is a city of 8.5 million people, and Custom Mortgage arranges SBA Mortgages loans there and elsewhere in New York County, including Manhattan and Brooklyn. New York is priced well under the rest of New York County, with a median home value of $777,600 against $1,090,500 countywide (Census ACS 2020-2024 5-year). A median-priced purchase clears the 2026 one-unit limit ($1,209,750) by $432,150.
The New York median household income, $80,483, is 23% under the county's. Renters are the majority: just 33% of occupied homes are owner-occupied (25% countywide). Half the housing was built before 1953, so appraisals and inspections often turn on the condition of older systems. For the renter majority, the benchmark is a median gross rent of $1,821 a month.
SBA Mortgages Highlights
- Lower down payments, often as low as 10-25%, preserving your capital.
- Competitive interest rates designed to improve your profitability.
- Longer repayment terms, extending up to 25 years, to improve cash flow.
National Rate Index (Freddie Mac PMMS)
30-Year Fixed Rate
7.18%
as of 11/5/2026 · Freddie Mac PMMS · live · 2026-11-05
15-Year Fixed Rate
6.57%
as of 11/5/2026 · Freddie Mac PMMS · live · 2026-11-05
Rates are national averages and may differ from your actual rate. Contact us for a personalized quote.
Get Your Rate →Market-data snapshots: FHFA 2026 (live); HUD FYunavailable (bundled); Census ACS 2024 (bundled).
New York County at a glance
- New York median home value
- $777,600
- Source: Census ACS 5-year, New York city, New York, 2020-2024
- New York median household income
- $80,483
- Source: Census ACS 5-year, New York city, New York, 2020-2024
- New York owner-occupied homes
- 33%
- Source: Census ACS 5-year, New York city, New York, 2020-2024
- New York median year built
- 1952
- Source: Census ACS 5-year, New York city, New York, 2020-2024
- Conforming loan limit (1 unit)
- $1,209,750
- Source: FHFA, 2026
- Conforming loan limit (4 units)
- $2,326,875
- Source: FHFA, 2026
- Above the national baseline by
- $377,000
- Source: FHFA, 2026
- Median owner-occupied home value
- $1,090,500
- Source: Census ACS 5-year, 2024
- Median household income
- $103,931
- Source: Census ACS 5-year, 2024
- Owner-occupied homes
- 25%
- Source: Census ACS 5-year, 2024
- Home value to income ratio
- 10.5
- Source: Census ACS 5-year (computed), 2024
2026 Conforming Loan Limits: NEW YORK
NEW YORK, NY is a designated high-cost area with limits above the national baseline of $832,750.
1-Unit (SFR)
$1,209,750
2-Unit (Duplex)
$1,548,975
3-Unit (Triplex)
$1,872,225
4-Unit (Fourplex)
$2,326,875
Source: FHFA 2026 Conforming Loan Limits. Loans above these limits require jumbo financing.
SBA Mortgages in New York, NY
New York City mortgage lending. Jumbo, condo, co-op financing for all five boroughs.Custom Mortgage & Real Estate specializes in providing high-fidelity SBA Mortgages solutions tailored to the unique economic landscape of New York and the surrounding New York County.
Our FinTech-driven approach allows us to offer competitive rates and streamlined processing for homeowners and investors across the entireNew York metropolitan area.
Service Areas & Neighborhoods
Our New York Presence
Local Knowledge. Global Rates.
16501 Ventura Blvd STE 400
Encino, CA 91436
Direct Line
877-976-5669Application Process
Six simple steps from application to funding
Application
Complete our streamlined online application form with your financial information
Document Review
Submit required documentation for verification and processing
Pre-Approval
Receive conditional approval and loan terms based on your profile
Title & Escrow
Open escrow and complete title search and insurance requirements
Appraisal & Final Review
Property appraisal completed and final underwriting approval received
Funding
Sign final documents and receive your loan funds
Application
Complete our streamlined online application form with your financial information
Document Review
Submit required documentation for verification and processing
Pre-Approval
Receive conditional approval and loan terms based on your profile
Title & Escrow
Open escrow and complete title search and insurance requirements
Appraisal & Final Review
Property appraisal completed and final underwriting approval received
Funding
Sign final documents and receive your loan funds
Why Choose Custom Mortgage?
Your trusted partner in real estate financing
Extensive Experience
Over 25 years of proven expertise in mortgage lending and real estate financing
Comprehensive Loan Options
Wide range of programs from conventional to specialized non-QM and hard money solutions
Nationwide Coverage
Licensed in multiple states with the ability to fund loans across the country
Flexible Solutions
Customized financing options for unique situations that traditional lenders decline
Competitive Rates
Access to wholesale pricing and volume discounts passed directly to our clients
No Upfront Fees
Transparent pricing with no application fees or upfront costs to get started
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Our AI Instant Advisor analyzes your situation — credit, loan amount, property type — and matches you to the right program. No credit pull. No obligation.
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Quick quote or detailed payment estimate — no credit pull
Quote Wizard
AI-Powered Rate Intelligence
Step 1: Loan Foundation
Mortgage Estimator
Freddie Mac 30-yr average, week of Apr 19, 2026. Not a quote.
Principal & Interest Only
Common Questions About SBA Mortgages in New York
Yes, by $432,150: $777,600 median versus a $1,209,750 one-unit limit.
At least $194,400 before closing costs (75% maximum LTV on $777,600). That is 2.4 years of a $80,483 median income.
9.7 times the $80,483 median household income, easier than the county's 10.5. Expect to need extra down payment or a co-borrower.
See all SBA Mortgages questions and program details
SBA Mortgages by Location
Get local rates, loan limits, and market data for SBA Mortgages in your area.
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View county-level market data, loan limits, and mortgage rates on our territory pages.
Browse All Territories →Reviewed by Eve Sanchez, Chief Compliance Officer · Updated 2026-11-04 · Custom Mortgage Inc., NMLS #1556995
TESTIMONIALS
Success stories from families and investors across the nation who achieved their goals with CMRE.
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