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Review Keywords Analysis

  1. United States
  2. Best Mortgage Brokers
  3. Mortgage Brokers in New York
  4. Buffalo
  5. Mortgage Affordability Calculator
1 · Your income
2 · Down payment
3 · What you can afford
Step 1 of 3

Mortgage Affordability Calculator Buffalo, NY

How much house can you afford in Buffalo? See your maximum price, monthly payment and pre-approval estimate. Free, instant, no credit check.

Updated · current rates and lending limits

Add your partner's income if you're buying together.

Car loans, credit cards, lines of credit, student loans. Not rent.

Property tax are for this state.

An estimate, not a mortgage approval or pre-approval. A mortgage broker confirms your real number.

Top-rated mortgage brokers in Buffalo

Ranked by TrustAnalytica from verified reviews · see the full Top 10 list →

1

HUNT Mortgage (NMLS #37405)

HUNT Mortgage (NMLS #37405) offers mortgage pre-approval and lending services with a focus on working closely with real estate agents. The team provides professional support throughout the loan process, though some customers have experienced delays in addressing issues that affected closing timelines.

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(888) 433-8373
Closed Now
403 Main St #210, Buffalo, NY 14203
2

NACA

NACA specializes in helping first-time homebuyers access affordable loans with low interest and no closing costs. Their team offers free workshops and ongoing support throughout the training and application process, often including in-house realtors to guide buyers. Some clients find the process challenging and have experienced delays, but many appreciate the personalized assistance.

Services & Prices
First-time Homebuyer Workshops Quoted per loan
Personalized Counseling Sessions Quoted per loan
Low Interest Home Loans Quoted per loan
No Closing Cost Loans Quoted per loan
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(716) 834-6222
Closed Now
135 Delaware Ave #102, Buffalo, NY 14202
General Services
Homeownership Support
3

Queen City Funding, Inc.

Queen City Funding, Inc. is known for its fast approvals and clear communication throughout the mortgage process. The team offers mortgage brokerage services, guiding clients with knowledgeable support and regular updates. Customers appreciate their responsiveness and the way they simplify what can often feel overwhelming.

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(716) 799-0846
Closed Now
1416 Sweet Home Rd #9b, Buffalo, NY 14228
4

Premium Mortgage Corporation

Licensed across multiple states, Premium Mortgage Corporation offers home purchase, refinancing, and investment property financing with a focus on clear communication and personalized support. Clients appreciate the knowledgeable loan officers and smooth process, though experiences may vary depending on the specific team member they work with.

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(716) 633-0501
Closed Now
4421 Transit Rd, Buffalo, NY 14221
5

Haus Capital Corporation

Haus Capital Corporation specializes in personalized mortgage financing through an independent brokerage model that offers access to a wide range of loan programs and lenders. The team assists with home purchases, refinancing, investment properties, and commercial financing, guiding clients clearly and professionally throughout the process. Customers appreciate their responsiveness and the ease… more...

Haus Capital Corporation specializes in personalized mortgage financing through an independent brokerage model that offers access to a wide range of loan programs and lenders. The team assists with home purchases, refinancing, investment properties, and commercial financing, guiding clients clearly and professionally throughout the process. Customers appreciate their responsiveness and the ease of working around busy schedules.

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(716) 588-4287
Closed Now
295 Main St Ste 101 A, Buffalo, NY 14203
Where they are 10 on the map Click a pin for the profile and directions
6

LenderLogix LLC

LenderLogix specializes in mortgage software solutions designed to automate clerical tasks and streamline the loan origination process, particularly for users of the Encompass platform. Their products, including a digital loan officer assistant and automated pre-approval tools, help mortgage teams improve efficiency and borrower experience. Some users note concerns about third-party marketing… more...

LenderLogix specializes in mortgage software solutions designed to automate clerical tasks and streamline the loan origination process, particularly for users of the Encompass platform. Their products, including a digital loan officer assistant and automated pre-approval tools, help mortgage teams improve efficiency and borrower experience. Some users note concerns about third-party marketing calls linked to the company’s information sharing.

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(716) 799-1504
Open 00:00 - 23:59
760 Seneca St Ste 300, Buffalo, NY 14210
7

Samer Hanash, MBA (Haus Capital Corp)

Known for guiding first-time homebuyers through the mortgage process with clear communication and attentive support, Haus Capital Corp helps clients secure loans smoothly. The team offers personalized mortgage services and is appreciated for keeping customers informed and on track. Some find the process demanding but manageable with their assistance.

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(716) 815-2406
Closed Now
295 Main St Ste 101 A, Buffalo, NY 14203
8

Banas Mortgage Co LTD

Banas Mortgage Co LTD offers clear, straightforward guidance throughout the mortgage process, helping clients navigate each step with ease. The team provides competitive rates and a professional approach, making the experience less stressful compared to larger online brokers. Customers appreciate their clarity and support during what can be a complex process.

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(716) 633-5888
Closed Now
27 N Long St, Buffalo, NY 14221
9

Supreme Lending Buffalo

With over 20 years in the mortgage industry, Supreme Lending Buffalo operates as a direct lender offering no-cost pre-qualification and competitive loan options. Their team handles processing and underwriting in-house, helping to keep the mortgage process efficient and transparent. Customers appreciate the clear communication and smooth transactions throughout their homebuying experience.

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(716) 929-6800
Closed Now
6325 Sheridan Dr Suite 1, Buffalo, NY 14221
10

New American Funding - Buffalo

About New American FundingNew American Funding is a national mortgage lender dedicated to providing exceptional customer service and a streamlined home loan process. Founded with a commitment to innovation and integrity, the company has grown to become a trusted name in the mortgage industry. Their mission is to help individuals and families achieve their homeownership dreams by offering a wide… more...

About New American FundingNew American Funding is a national mortgage lender dedicated to providing exceptional customer service and a streamlined home loan process. Founded with a commitment to innovation and integrity, the company has grown to become a trusted name in the mortgage industry. Their mission is to help individuals and families achieve their homeownership dreams by offering a wide range of mortgage products and personalized support. With a focus on transparency and client satisfaction, New American Funding strives to make the mortgage experience as smooth and stress-free as possible. Their team of experienced professionals is committed to guiding clients through every step of the loan process, ensuring they find the best solutions for their unique financial needs.Credibility and ExpertiseNew American Funding has established a strong reputation for reliability and expertise in the mortgage lending sector. They are recognized for their commitment to ethical practices and customer-centric approach. The company holds an NMLS ID#6606, underscoring its adherence to regulatory standards. Their dedication to service excellence is reflected in their numerous accolades and positive customer testimonials. New American Funding emphasizes continuous improvement and professional development for its staff, ensuring they are equipped with the latest industry knowledge and best practices. This focus on quality and trustworthiness makes them a preferred choice for many seeking mortgage services.Offerings and SolutionsNew American Funding offers a comprehensive suite of mortgage products designed to meet diverse borrower needs. This includes conventional loans, FHA loans, VA loans, USDA loans, and jumbo loans, among others. They specialize in providing tailored solutions for first-time homebuyers, those looking to refinance, or individuals seeking investment property financing. The company prides itself on its efficient loan processing and closing times, aiming to provide a seamless experience from application to funding. Their commitment extends to offering competitive rates and flexible terms, ensuring clients receive value and support throughout their home financing journey.Unique AdvantagesNew American Funding distinguishes itself through its robust technology platform, offering convenient online tools for loan applications and management. They also provide extensive educational resources to empower borrowers with knowledge about the mortgage process. Their commitment to diversity and inclusion is evident in their efforts to serve a wide range of communities. The company's national presence, combined with local expertise, allows them to offer personalized service across various markets.

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Closed Now
300 International Dr Ste 100, Office 207, Buffalo, NY 14221

Buffalo Mortgage Statistics

Home-purchase lending in Erie County and home costs in Buffalo, NY (latest HMDA and Census data)

Lenders made 8,211 home-purchase loans in Erie County in 2025 (average about $316,000) and denied 856 — 9% of decided applications, compared with 13% across New York, according to federal mortgage data (HMDA, CFPB). In Buffalo, the median home is worth $164,200 and 51% of owners have a mortgage, paying a median $1,207 a month (Census ACS 2020–2024).

Home-purchase loans, 2025
8,211▲ 3%7,961 in 2024
Denial rate
9%NY 13%
Median home value
$164,200NY $423,800
Monthly cost with a mortgage
$1,207median · NY $2,555
Refinance loans made (Erie County, 2025)
4,333 · 3,304 in 2024
Home-improvement loans made (2025)
2,219
Average home-purchase loan
$316,000 (NY $527,000)
Owners with a mortgage
51% · 23% of them spend 30%+ of income on housing
Median household income
$50,041 (NY $85,974)

Source: CFPB / FFIEC Home Mortgage Disclosure Act (HMDA) data, 2024–2025 loan applications in Erie County (originated vs denied); home values and costs: U.S. Census Bureau ACS 2020–2024. Compiled by TrustAnalytica.

Buffalo Mortgage Brokers stats: 10 businesses compared side by side · updated
# Business Rating Reviews Starting price Phone Website
1 HUNT Mortgage (NMLS #37405) 4.9 351 — (888) 433-8373 Visit
2 NACA 4.6 327 Quoted per loan (716) 834-6222 Visit
3 Queen City Funding, Inc. 4.9 229 — (716) 799-0846 Visit
4 Premium Mortgage Corporation 4.7 142 — (716) 633-0501 Visit
5 Haus Capital Corporation 4.4 51 — (716) 588-4287 Visit
6 LenderLogix LLC 4.9 39 — (716) 799-1504 Visit
7 Samer Hanash, MBA (Haus Capital Corp) 5.0 36 — (716) 815-2406 Visit
8 Banas Mortgage Co LTD 4.2 20 — (716) 633-5888 Visit
9 Supreme Lending Buffalo 4.4 19 — (716) 929-6800 Visit
10 New American Funding - Buffalo 5.0 1 — — Visit

How this Buffalo mortgage affordability calculator works

Lenders look at your debt-to-income ratio. Housing costs (principal and interest, property tax, homeowners insurance and mortgage insurance) should stay under about 31% of your gross monthly income, and housing plus your other monthly debts under 43%. The calculator finds the highest home price that passes both tests with your down payment, on a 30-year fixed loan.

New York rules and numbers this calculator uses

Debt-to-income
31% for housing and 43% total, the FHA standard and the long-time Qualified Mortgage limit. Some conventional loans go higher with strong credit and savings.
Down payment
At least 3% on a conventional first-time buyer loan (3.5% on FHA). Under 20% down, private mortgage insurance of about 0.6% of the loan a year is added to the payment.
Property tax
About 1.23% of the home's value a year, the New York average for owner-occupied homes (2024 Census ACS).
Insurance
Homeowners insurance assumed at $150 a month; it varies a lot by home and location.
Rate
Starts at 7.40% (Freddie Mac 30-year average, October 2026). Change it to the rate you have been quoted.

An estimate, not a mortgage approval or pre-approval. Your credit, income type, the property and the lender all change the answer; a mortgage broker confirms your real number. Sources: Freddie Mac Primary Mortgage Market Survey (October 2026), U.S. Census Bureau American Community Survey 2024 property tax data, FHA and CFPB debt-to-income guidance.

Frequently asked questions

9 questions
How does the mortgage affordability calculator work?
It estimates the highest home price you can afford based on income, debts, down payment, and interest rate. It includes monthly payment, PMI, and property tax.
What is the debt-to-income ratio for mortgages?
Lenders typically cap housing costs at 31% of gross income and total debts at 43%. Some loans allow more with strong credit.
What is the minimum down payment for a mortgage in New York?
Minimum down payments are 3% for conventional first-time buyer loans and 3.5% for FHA loans. VA and USDA loans may allow 0% down.
How do interest rates affect mortgage affordability?
Higher interest rates increase monthly payments, reducing the home price you can afford. Rates change weekly; the calculator starts at 7.40%.
How do debts impact mortgage qualification?
Debts reduce borrowing power by increasing your debt-to-income ratio. Lenders consider all monthly debts when determining affordability.
What is the property tax rate in New York?
Property tax is about 1.23% of the home's value annually in New York, based on the 2024 average for owner-occupied homes.
What is the difference between mortgage pre-approval and pre-qualification?
Pre-approval involves lender verification of income, debts, and credit, providing a real borrowing limit. Pre-qualification is an initial estimate.
Why does PMI apply to some loans?
Private mortgage insurance (PMI) is required on conventional loans with less than 20% down. It can be removed once the loan balance is below 80% of the home's value.
What does a mortgage broker do?
A mortgage broker helps find and negotiate mortgage terms with lenders, offering access to various loan options.

General information, not financial advice — consult a qualified professional.