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Mortgage discounts

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The following discounts are paid advertising. The appearance of these ads does not imply any endorsement by or connection with the United Federation of Teachers or NYSUT.

Presidential Bank Mortgage

Presidential Mortgage - Logo

Proud to offer the Educators First mortgage program for UFT & NYSUT members.

Educators First Mortgage Program

  • Purchase, Refinance, HELOCs, available in ALL 50 States
  • First-Time Homebuyer Programs
  • Condos, Co-ops, and Homes
  • Jumbo Financing
  • FHA Approved Lender
  • Investment Properties and Second Homes
  • Combine your UFT benefits with SONYMA

Start Your Homebuying Journey with a SONYMA Participating Lender

As a State of New York Mortgage Agency (SONYMA) Participating Lender, Presidential Bank Mortgage helps eligible homebuyers access affordable financing, including below-market interest rates, down payment assistance, and first-time homebuyer programs.

Whether you're purchasing, refinancing, or using your home's equity, we provide personalized guidance and financing solutions to help you achieve your homeownership goals.

Home Purchase

  • Enhanced Pre-Approval Program
  • Down Payment Assistance Programs though our partnership with SONYMA
  • No application, processing, underwriting, or broker fees for eligible UFT/NYSUT members
  • Up to 100% financing for qualified borrowers

Home Equity & Refinance

  • Consolidate Debt
  • Access the Equity in Your Home to Pay for Tuition
  • Home Improvements
  • Lower Your Rate | Eliminate PMI | Reduce Your Mortgage Term

Take The First Step Toward Homeownership

Soft Credit Pull Pre-Approvals Available upon request — Explore your financing options and receive a pre-approval without impacting your credit score. Get Pre-Approved Today →

Presidential Mortgage - Footer (Contact Information)

Jason E. Rappaport
Senior Vice President — Strategic Lending Division | NMLS #21357
Text or Call: 516-351-8040
Email: jason [dot] rappaport [at] presidential [dot] com (jason[dot]rappaport[at]presidential[dot]com)
Website: pbm-loans.com/jason.rappaport

Equal Housing Lender

For informational purposes only. This is not a commitment to lend or extend credit. All loans are subject to credit approval including credit worthiness, insurability, and ability to provide acceptable collateral. In some instances, including but not limited to certain down payment assistance programs and brokered loans, some lender fees may be required. Not all loans or products are available in all states. Presidential Bank Mortgage is not affiliated with any government agency or UFT or NYSUT. Presidential Bank Mortgage is a division of Presidential Bank Mortgage. NMLS 418481. Member FDIC.

Citizens Bank

Citizens Bank - logo

Buying or refinancing a home can sometimes feel a little overwhelming, which is why we take a personal approach to the borrowing experience. At Citizens Bank, we’ll work hand-in-hand with you during the mortgage process – discussing your goals, budget and answering your questions with the expert advice you expect from a top 15 lender.

We are pleased to offer:

So no matter where you are in the home ownership journey – buying a first home, moving up, sizing down or refinancing an existing home – we’ll make sure you get the information you need about the mortgage process to see your way forward with confidence.

Ask a Citizens how to get started:

Dan Moschetti
Sales Manager, NMLS ID# 420643

Cell: (845) 222-9844
Email: daniel [dot] moschetti [at] citizensbank [dot] com (daniel[dot]moschetti[at]citizensbank[dot]com)

MANHATTAN
125 Park Avenue
18th floor
New York, NY 10017

ROCKLAND
49 Maple Avenue
New City, NY 10956

Equal Housing Lender

*Citizens Bank consumer checking account set up with automatic monthly mortgage payment deduction required at time of loan origination to be eligible for the 0.125 percentage point rate discount. One offer per property. Not applicable to Bond or CRA loan programs. Other exclusions and restrictions may apply. Checking account must have sufficient funds to cover the mortgage payment amount at time of automatic payment deduction in order to avoid potential overdraft fees and late mortgage payment charges. Customers should refer to their account agreement(s) for more information. Mortgages are offered and originated by Citizens Bank, N.A. Citizens Bank is a brand name of Citizens Bank, N.A. (NMLS ID# 433960) and Citizens Bank of Pennsylvania (NMLS ID# 522615). Citizens Bank, N.A. and Citizens Bank of Pennsylvania are affiliates. All loans are subject to approval.

Equal Housing Lender. © 2018 Citizens Financial Group, Inc. All rights reserved. 

*UFT MEMBERS MAY BE ENTITLED TO A REDUCED INTEREST RATE AND/OR CLOSING COSTS*

Federal Savings Bank

Federal Savings Bank logo

The Federal Savings Bank isn't just a bank - we're mortgage experts! With lending in 50 states, a large variety of programs, and amazing technology - we'll make your homebuying process a breeze.

Your All State Lender

  • As a federally chartered bank, we can lend in all 50 states.
  • Whether you're a first time homebuyer, relocating and moving upstate, moving out of state, or buying a second home out of the city - we can help!

Unmatched Programs

  • We're a large bank that operates like a correspondent lender, giving us the ability to offer a large variety of programs for our clients including:
    • Conventional
    • FHA
    • VA
    • Jumbo
    • SONYMA & more!
  • Down payment assistance programs are available to help buyers remove the barrier of down payment.
    • Programs like SONYMA's Down Payment Assistance Loans in New York, give us the ability to give our clients the support they need.
  • We're also a Fannie, Freddie, & FHA direct lender and our rates are low!

Cutting-Edge Technology

  • Our online application portal allows borrowers to complete their loan application, upload documents, and sign their initial loan application documents electronically.
  • Snap E-Close turns your coffee table into your closing table! This program allows clients to close 100% online for a contactless closing. During the process, we'll be just a phone call away to help guide you through the steps.

To learn more about how The Federal Savings Bank can help you - call us today!

Keshav Singh
Vice President, NMLS #191674
Office: 516-430-5719
Cell: 917-371-1138
Email: ksingh [at] thefederalsavingsbank [dot] com (ksingh[at]thefederalsavingsbank[dot]com)
Website: The Homeownership Advantage Program

The Federal Savings Bank
395 N. Service Road, Suite 407W
Melville, NY 11747

Terms and conditions may vary. Subject to underwriting approval.