Greene County Mortgage Tax

Greene County is attempting to obtain approval from New York State in order to tack on $0.50 per $100 to the mortgage tax that borrowers pay when taking out a mortgage.  Right now, those who purchase real estate with a mortgage in Greene County pay.  The current surcharge is $0.75 per $100, of which $0.25 is paid by the mortgage lender to the state and the remaining $0.50 is paid to the local municipality.