Before you dig in — a word from Brian
“Schodack is farm country twenty minutes from Albany. Land, barns and outbuildings are what make those files interesting.”
Brian MarchandSr. Loan Consultant · NMLS #481563
The lender who actually answers - and gets it closed. From farmland along Route 9 to homes near Schodack Center, Brian Marchand makes the mortgage the easy part.
“Schodack is farm country twenty minutes from Albany. Land, barns and outbuildings are what make those files interesting.”
Brian MarchandSr. Loan Consultant · NMLS #481563
Program guidelines on this page last verified . Guidelines, limits and program terms change — verified figures are current as of that date, not a commitment to lend.
Buying or refinancing in Schodack shouldn't mean giving up when a file gets complicated. Brian Marchand has helped buyers throughout Rensselaer County - USDA zero-down buyers, buyers with acreage, and families buying into the Maple Hill district.
Been told “no” somewhere else? That’s exactly where Brian goes to work. Second opinions welcome.
What actually decides your payment here, in plain language.
Much of Schodack is USDA eligible - a true zero-down program - while still being a straightforward commute to Albany. Eligibility is set by address and the maps change, so the specific property gets checked.
A rural town at the southern end of Rensselaer County - orchards and farmland along Route 9, the Hudson shoreline, and a straight run into Albany.
Neighborhoods & areas: Schodack Center · Schodack Landing · Castleton line · East Schodack · Route 9 corridor
Population is a U.S. Census figure for Schodack. USDA eligibility is set by address and the maps change. For general reference only.
The school districts, the programs that can shrink your out-of-pocket, and the details worth handling before you make an offer.
Maple Hill (Schodack Central) covers much of the town, with parts toward East Greenbush.
Brian works with 3% & 5%-down conventional, FHA (3.5% down), zero-down VA, USDA zero-down across much of the town, and SONYMA first-time-buyer loans with down-payment assistance. First-time buyer? He’ll line up every credit you’re eligible for.
Rural parcels, new construction and a commuter corridor — Schodack files tend to be one of three kinds.
Schodack runs from farmhouses and older homes on acreage to recent subdivision construction near the Route 9 and 20 corridor. That range means the same town produces very different loans: an as-is older home with a well and an oil tank, and a brand-new build with a builder contract and a construction timeline.
Private well and septic are common across much of the town. Wells need potability testing and minimum setbacks from the septic system, and once you add acreage, barns or outbuildings, the appraisal gets more involved — some lenders cap how much outbuilding value counts. None of that is a dealbreaker; it just needs to be known before the appraisal is ordered.
Most USDA loans run through GUS, the agency's automated underwriting system. A GUS Accept is a straightforward path. A file that does not get one goes to manual underwrite, where the standards tighten considerably — lower debt-ratio ceilings, documented compensating factors, and a longer review. Knowing which track you are on early changes what we document.
Construction financing comes two ways. A one-time close funds the build and converts to permanent financing at completion with a single closing and one set of costs. A two-close structure means a construction loan followed by a separate refinance — and a second round of costs, plus exposure to wherever rates sit at the end. Ask which you are being offered.
Brian and his team were awesome and really helped me with a pretty complicated process. Can’t recommend them enough!
Brian explained everything well, was very thorough, and always answered my questions quickly. I would recommend him to everyone.
I highly recommend Brian. He consistently provides a five-star mortgage experience for my clients - quick response and deep knowledge.
Verified reviews from Google, Zillow, Facebook & Experience.com · See all 169 reviews →
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Brian Marchand · Sr. Loan Consultant, New American Funding · NMLS #481563
Works on mortgages for buyers and homeowners in Schodack and the Capital Region. Licensed in New York State. New American Funding, NMLS #6606 · 18 Computer Dr E, Suite 103, Albany, NY 12205.