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This profile was last updated on 11/5/13  and contains information from public web pages and contributions from the ZoomInfo community.

Eric C. Appelbaum

Wrong Eric C. Appelbaum?

President

Apple Mortgage Corp
25 West 45Th Street Suite 1300
New York, New York 10036
United States

Company Description: At Apple Mortgage Corp., we are dedicated to accuracy when it comes to mortgage loans and pre-approvals. Our New York mortgage loan calculators will ensure you are...   more
Background

Employment History

18 Total References
Web References
Miller Samuel | Press
www.millersamuel.com, 12 Aug 2007 [cached]
Jumbo mortgage rates are about a half a percentage point higher than they should be, said Eric Appelbaum, president and owner of Apple Mortgage. "If this isn't corrected, I think it could put a serous damper on two- or three-, or four-bedroom apartments in the city," he said.
...
"Most co-ops have always held a more stringent underwriting standard than even the most stringent bank," Appelbaum said.
The preponderance of appraisers with ...
www.millersamuel.com, 1 April 2011 [cached]
The preponderance of appraisers with scant local knowledge has led to valuations "riddled with errors," said Eric Appelbaum, president of Apple Mortgage. For example, he said one appraiser from Albany valued a one-bedroom apartment on the 50th floor of a building in the West 50s with striking views at $150,000 less than a second-floor apartment in the same building with no views.
...
"The values are not being decimated as they were; it's a little more predictable," said Appelbaum.
Jumbo mortgage rates are about a ...
www.newsmax.com, 1 Jan 2007 [cached]
Jumbo mortgage rates are about a half a percentage point higher than they should be, said Eric Appelbaum, president and owner of Apple Mortgage."If this isn't corrected, I think it could put a serous damper on two- or three- or four-bedroom apartments in the city," he said.
...
"Most co-ops have always held a more stringent underwriting standard than even the most stringent bank," Appelbaum said.
www.Gotham-RealEstate.com -New York City Real Estate Blog
gotham-realestate.com [cached]
"It used to be three or four banks would control 80 percent of the market, but now it's 12 banks, and those constantly change," said Eric Appelbaum, president of Apple Mortgage Corp. in Manhattan.
...
Eric Appelbaum, president of Apple Mortgage Corp., on Manhattan's West Side, said "There was a flight to safety" as people "piled into every Treasury they could think of," as the 10-year Treasury rate plummeted to below 2.1 percent in December. Mortgage rates, he said, moved in tandem. For Bouchner's Commodore Property Group, the activity has intensified even more over the last three months.
"My guess is that a lot of folks were frozen in action across the board initially," he said.
...
"The difference now is we are doing 10 times the amount of work to close the same file," said Appelbaum.
www.Gotham-RealEstate.com -New York City Real Estate Blog: New York: Manhattan
gotham-realestate.com [cached]
Eric Appelbaum, president of Apple Mortgage Corp., on Manhattan's West Side, said "There was a flight to safety" as people "piled into every Treasury they could think of," as the 10-year Treasury rate plummeted to below 2.1 percent in December. Mortgage rates, he said, moved in tandem. For Bouchner's Commodore Property Group, the activity has intensified even more over the last three months.
"My guess is that a lot of folks were frozen in action across the board initially," he said.
...
"The difference now is we are doing 10 times the amount of work to close the same file," said Appelbaum.
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