About David Ostrowsky
David Ostrowsky is a 20+ year veteran of the mortgage industry, specializing in delivering a wide range of solutions for his clients and referral sources. Based out of Manhattan, David has keen expertise in facilitating closings throughout the New York City Metropolitan Area. David has built his business by dedicating himself to the following principles: transparency, client service, collaboration, resourcefulness, and accessibility. Via his principled approach, he has established himself as a trusted advisor for all members of the real estate ecosystem. Among David's unique expertise is his solution-oriented approach in securing financing for self-employed borrowers and real estate investors. Often times these borrower profiles face challenges with traditional underwriting formulas. David has extensive experience closing bank statement loans, DSCR loans, and asset-based qualifying loans. By utilizing his Non-QM expertise, David is able to operate as a key cog in his clients' overall financial planning. Providing education is another one of David's passions. He is a licensed real estate instructor in the state of New York. This licensure enables him to teach real estate qualifying and continuing education courses. He has written numerous state-approved curriculum and is a preferred instructor within the education department of the Real Estate Board of New York (REBNY). "The mortgage process can be a daunting task, even for financially savvy individuals. My role is to be the quarterback of the transaction, ensuring all parties collaborate efficiently while leading the deal to the closing table."
We can make it happen!
Bank Statement loans
Self-employed? Our Bank Statement Loan program allows self-employed borrowers to seek a home loan without tax returns, W2s or pay stubs.
Foreign National loans
Not a US Citizen? Foreign National loans are available without a social security number, green card, or visa and do not require a FICO score.
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Located at 135 Pinelawn Road, Suite 240N Melville NY, 11747
*Rate's 5-minute pre-approval refers to an automated underwriting review of borrower submitted loan documentation and subsequent pre-approval and should not suggest to a borrower that Rate has fully funded or approved the borrowers mortgage application within 5 minutes. Rate cannot guarantee that a loan will be approved or that a closing will occur within a specific timeframe. Not all borrowers will be approved. Borrower's interest rate will depend upon the specific characteristics of borrower's loan transaction, credit profile and other criteria. Restrictions apply.
**Rate's Same Day Mortgage promotion offers qualified customers who provide certain required financial information/documentation to Rate within 24 hours of locking a rate on a mortgage loan the opportunity to receive a loan approval within 1 business day of timely submission of documentation and does not suggest that the borrower will receive funding on the same day as their application submission. For purposes of this offer, documents provided after 1 pm local time or on a weekend or company holiday will be deemed submitted the next business day. Rate cannot guarantee that a loan will be approved or that a closing will occur within a specific timeframe. Rate reserves the right to revoke this approval at any time if there is a change in your financial condition or credit history which would impair your ability to repay this obligation. Read and understand your Loan Commitment before waiving any mortgage contingencies. Borrower documentation and Intent to Proceed must be signed within 24 business hours of receipt. Not eligible for all loan types or residence types. Minimum down payment requirements apply. Not all borrowers will be approved. Borrower's interest rate will depend upon the specific characteristics of borrower's loan transaction, credit profile and other criteria. Not available in all states. Restrictions apply. Visit rate.com/same-day-mortgage for terms and conditions.
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