Viking Mortgage Co.
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The Viking Mortgage Team is committed to providing our clients with the highest quality financial se Viking Mortgage Co.
is a name that is trusted throughout the community. To speak directly with an experienced mortgage professional simply give us a toll-free call at 888-399-7646.

Just Reduced in Floral Park
📍 Reduced Price 📍 This recently reduced home at 57 Webster Street in Floral Park won't last long, so, don't wait to set up a showing! Reach out here or at (631) 321-6500 for more information!
Just Reduced in Floral Park Renovated with new oak floors, granite countertop, new kitchen cabinets & appliances, new gas heating system, new gas hot water heater and new roof, Move in comdition. Close To Village Amenities Including Schools, Houses Of Worship, Restaurants, Banks, Library, Village Rec. Center (5 Year Old O...

New Listing in Floral Park
📍 New Listing 📍 Take a look at this fantastic new property that just hit the market located at 57 Webster Street in Floral Park. Reach out here or at (631) 321-6500 for more information
New Listing in Floral Park Renovated with new oak floors, granite countertop, new appliances, new gas heating system, new gas hot water heater and new roof, Move in comdition. Close To Village Amenities Including Schools, Houses Of Worship, Restaurants, Banks, Library, Village Rec. Center (5 Year Old Olympic-Size Pool, B...

La Contenta
Have you ever been to La Contenta? Would you recommend it?
La Contenta Mexican in New York, NY

Combine a comfortable-looking couch, tons of natural light, and a really cool coffee table and you get this great Living Room of the Week. Last, but not least, the exposed brick wall adds a bunch of character to the space.

Which books are occupying your time these days?
What’s your favorite thing about your neighborhood?

In which home office would you rather get some work done? 'A' is light and modern, but 'B' is a bit warmer and enclosed.
What are you listening to these days?

Looking for a bargain? This is the lowest listed price for a home in Staten Island so far this August!

Viking Mortgage Co. updated their business hours.

Foreclosure Inventory Shrinks, Rental Market Surges
nationalmortgageprofessional.com The U.S. foreclosure inventory in September witnessed a 24.3 percent year-over-year decline, while the number of completed foreclosures declined by 17.6 percent compared with September 2014, according to new data from CoreLogic. CoreLogic determined that the national foreclosure inventory consisted…

New Rules Will Protect Home Buyers From Last-Minute Surprises
nationalmortgageprofessional.com Closing on a home can be a confusing and flustering experience, especially for first-time home buyers. But new rules going into effect during the weekend aim to give buyers breathing room.

House Committee Passes Two CFPB Reform Bills
nationalmortgageprofessional.com The House Financial Services Committee has passed a pair of bills that would change the power structure of the Consumer Financial Protection Bureau.

Consumers Leaning on Technology for Homebuying More Than Ever
nationalmortgageprofessional.com Even though more consumers are using the Internet as a tool during their home search, buyers are increasingly utilizing the knowledge and expertise of a real estate agent, according to the National Association of Realtors (NAR) Real Estate in a Digital Age report.

RE/MAX: YoY Increases in August Home Sales
nationalmortgageprofessional.com The average number of home sales fell 11.4 percent on a month-over-month basis in August, but increased five percent on a year-over-year basis, according to the latest August RE/MAX National Housing Report. Last month, 36 of the 53 metro areas tracked by RE/MAX reported higher sales on a year-over-y…

Economist Warns of Mortgage Mayhem If Fed Hikes Rates
nationalmortgageprofessional.com A potential Federal Reserve interest rate hike could trigger a six percent rise in mortgage payments and shut many first-time homebuyers out of the housing marketing, according to a prediction issued by Realtor.com Chief Economist Jonathan Smoke.

Report: Renters Spend Double Amount of Income on Rent That Homeowners Spend on Mortgages
nationalmortgageprofessional.com According to analysis by online real estate database Zillow, it’s getting harder for people to pay their rent, but paying a mortgage is affordable for many.

Housing Starts Soar, Cash Sales Decline
nationalmortgageprofessional.com The mortgage market received a double shot of good news this morning, with a jolting spike in single-family housing starts and a continued decline in the level of cash sales for new residential properties.

Q2 Loan Originations Rise 22 Percent Over Q1
nationalmortgageprofessional.com RealtyTrac has released its Q2 2015 U.S.

High cost of Dodd-Frank is harming US banks and citizens
thehill.com Fines and legal fees paid by financial institutions have risen dramatically in the past five years.

Demand for mortgages picks up in second quarter: Fed survey
marketwatch.com Demand for home loans picked up in the second quarter, a signal that underlying conditions for U.S. households are turning favorable

Mortgage Apps Rise as Rates See Decline
nationalmortgageprofessional.com Mortgage applications increased 4.6 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending July 3, 2015.

Morning Briefing: US pending home sales rebound to 9-year high
mpamag.com US pending home sales rebound to 9-year high... Michelle Williams to buy Brooklyn mansion... Real estate firm tops Fortune workplaces list...

Is Getting A Mortgage Easier Than Consumers Think?
blogs.wsj.com Some lenders over the last couple years have eased requirements to get mortgages, but most Americans still think getting a loan is very difficult, according to a survey released Tuesday by Wells Fargo Home Mortgage and Ipsos Public Affairs.The survey, which had about 2,000 respondents, found that 72…

What Crisis? Home Builder Confidence at Yearly High
nationalmortgageprofessional.com Home builder confidence in the market for newly built, single-family homes is at its strongest level in a year, according to the latest Housing Market Index (HMI) released by the National Association of Home Builders (NAHB) and Wells Fargo.

Chasing the American Dream: Renters Remain Positive on Housing Market
nationalmortgageprofessional.com The Federal Reserve Bank of New York has released results from its 2015 SCE Housing Survey, revealing that home price growth expectations were largely unchanged from last year’s survey, with households, on average, expecting a 4.4 percent growth in home prices over the

New Data Finds More Available Mortgage Credit, Fewer Foreclosures
nationalmortgageprofessional.com A pair of new data reports issued this morning appears to point to a housing market heading in the direction of greater stability, as the level of mortgage credit availability expands while the depth of foreclosure activity abates.

Stricter reverse mortgage rules take effect - Newsday
newsday.com The Great Recession and stock market rout eviscerated retirement nest eggs, changing the course of

Is 'tight' mortgage credit a myth?
scotsmanguide.com Most indicators suggest that credit for homebuyers remains tight. Borrowers are having a harder time getting home loans not only by the standards of the bubble years, but by the measure of what most analysts call a normal market of

Mortgage Giants Seen Needing up to $157B in Aid in Disaster
abcnews.go.com Results of financial "stress tests" show that mortgage giants Fannie Mae and Freddie Mac, rescued by taxpayers in the 2008 crisis, would need as much as $157.3 billion in additional aid in a severe U.S. and global recession. The agency that oversees Fannie and Freddie, the Federal Housing...

The Voice for Real Estate 21: Home Sales Surge
realtor.org The spring selling season reaches an 18-month high in March. Other stories: NAR urges the Senate to act on mortgage credit, and Sec. 502 direct loans.

Study suggests no shortage of first-time homebuyers
scotsmanguide.com Federal government officials and housing advocates have frequently called attention to surveys that suggest that the number of first time homebuyers is way down. But one policy institute that evaluated millions of home loans says
Home values rise for first time in 5 years. NEW YORK (CNNMoney) -- Home prices hit a bottom and are finally bouncing back, according to an industry report released Tuesday.
Nationwide, home values rose 0.2% year-over-year to a median $149,300 during the second quarter, the first annual increase since 2007, real estate listing site Zillow reported. Prices were up 2.1% from the first quarter.
NEW YORK (CNNMoney) -- Mortgage rates continued their downward plunge this week, reaching new all-time lows for both the 30-year and 15-year fixed-rate loans.
The average rate for a 30-year fixed-rate mortgage dropped 0.04 percentage point to 3.49%, according to the weekly survey by Freddie Mac. Meanwhile, the 15-year fixed-rate fell to 2.80% from 2.83% the week before. Rates have fallen or matched lows for 13 of the past 14 weeks.

Viking Mortgage Co.'s cover photo
5/1 Conforming ARM @ 2.75%
Closing costs soaring nationwide; New York is No. 1 - Yahoo! Finance
finance.yahoo.com If you re getting a mortgage in New York, bring a fat checkbook to the closing table: Closing costs there are the highest in the
Five Steps - Five Ways to Protect Yourself from Mortgage Modification Scams | Fannie Mae
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Address
122 W Main Street, Ste 201
Babylon, NY
11702
Opening Hours
Monday | 9am - 5pm |
Tuesday | 9am - 5pm |
Wednesday | 9am - 5pm |
Thursday | 9am - 5pm |
Friday | 9am - 5pm |
116 West Main Street, Suite 116N
Babylon, 11702
Branch NMLS # 2278549
18 Deer Park Avenue
Babylon, 11702
📍Babylon Branch | Direct Lenders 🏠 Company NMLS #3029 Branch NMLS #2132068