Is New York a flourishing center for the mortgage business?
New York is a large, diverse, and highly populated state, and business conditions vary greatly between cities and counties.
New York is the 4th most populous US state with a population of nearly 20 million. Hence, there will always be a high demand for housing, leading to a need for residential mortgage loans. The sheer size of the residential housing market makes New York a great place for the mortgage business.
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