Mortgage discounts

Paid advertising

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.

Bank of England is the only FDIC Insured Bank offering “Educators First” to UFT & NYSUT Members

Purchasing

Reduced Interest Rates and PMI may be available through Government Programs to UFT/NYSUT members.
Get your mortgage commitment (FULL APPROVAL) before you start shopping for a home.
UFT / NYSUT members may be eligible for bank portfolio program offering competitive rates, terms and conditions.
Access to down payment assistance programs that may enable eligible buyers to save money on your purchase.
Free Pre-Approval for UFT/NYSUT members.
Expedited Processing available to UFT/NYSUT members when your transaction requires a quick approval and/or closing.
UFT / NYSUT members: No application fee, No processing fee, No underwriting fee, No lock in fee, No commitment fees, and NO BROKER FEES.

Home Equity

Debt consolidation – Use your home equity to consolidate your credit cards, student loans, and other debts into one low monthly payment*
Home improvements – Use your home equity to make home improvements to your home.
Cash out – Use your home equity to pay tuition for yourself, your children, or other purposes such as buying an investment property or a second home.

Refinance

Lower your current interest rate and monthly payment
Reduce your mortgage term which can save you interest by paying off the mortgage sooner

Refinance to Lower Your Interest Rate and/or Eliminate PMI

Lower your current interest rate and monthly payment.
Reduce your mortgage term which can save you interest by paying off the mortgage sooner.
Reduce or eliminate expensive PMI which you may have on your current mortgage.

For more information contact the UFT Liaison listed below:

Jason E. Rappaport
Manager — Strategic Lending Division
NMLS #21357

Text or Call: 516-351-8040
Email: jrappaport@boemortgage.com

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. Bank of England is not affiliated with any government agency or UFT or NYSUT. Bank of England Mortgage is a division of Bank of England. NMLS 418481. Member FDIC.

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.moschetti@citizensbank.com

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

ROCKLAND
49 Maple Avenue
New City, NY 10956

*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.

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

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@thefederalsavingsbank.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.

Our purpose is to help individuals and families grow financially through real estate investments better than any other place in the world. Family First Funding LLC is a State Licensed Mortgage Bank founded in 2011 and headquartered in Toms River, New Jersey and licensed in 35+ states.

UFT Members AND their extended families will get discounts of the closing costs, except for DPA (Down Payment Assistance) loans, that will help pay for the appraisal or other costs. Members will also get access to an extensive list of Down Payment Assistant programs for first time buyers for NY, NJ, CT and PA; and many other states. (some income restrictions may apply)

Your Direct Mortgage Lender

We’re a direct mortgage lender with in-house processing and underwriting. Our team is designed to handle each step of the mortgage process, eliminating the need to outsource different tasks to other specialists.

Speak with Real People!

Communication is key during the mortgage process, which is why you will be able to contact your Loan Officer directly with all questions or concerns. No need to bother with long wait times to get in touch. Our Loan Officers are always available, even after office hours!

Find a Loan for You!

We offer a large variety of loans to meet your needs.

First Time Home-Buyer
Renovation
Purchase
Refinance
Reverse
Commercial
Non-QM

Get Funded Mobile App

Speak with Real People!

Find a Loan for You!

We offer a large variety of loans to meet your needs.

First Time Home-Buyer
Renovation
Purchase
Refinance
Reverse
Commercial
Non-QM

Get Funded Mobile App

Stay in the loop of your loan process with our NEW GetFunded App, a mobile app designed to make your life easier. Receive loan milestone notifications to give you visibility into the loan process. GetFunded offers features like a mortgage calculator and home search, for those that haven’t found their dream and are ready to see what they can afford. It also keeps you connected to your Loan Officer and Real Estate Agent, so that you can reach out to them more directly and receive a fast response!

Education

Our Loan Officers are extremely knowledgeable about the local market, local programs, and grant availability. They will always keep you informed on unique ways to save when possible! They also have an extensive network of contacts to help you build your team of realtors, inspectors, lawyers, and more!

Jerry Willard

VP of Sales / Loan Officer | NMLS#: 589982

Email: jwillard@fam1fund.com
Mobile Phone: 516-603-2126

Christine Bender

Loan Officer | NMLS#: 2130513

Email: cbender@fam1fund.com
Mobile Phone: 631-905-5465

Dream Makers Mortgage Group | NMLS# 1595191
Family First Funding LLC | NMLS# 810371
411 Hackensack Ave, Suite 303 Hackensack, NJ 07601

Major savings up to $2,198* when you buy or refi!

CrossCountry Mortgage is proud to offer the hardworking members of UFT/NYSUT the Preferred Mortgage Savings Plan. You’ll get mortgage education and guidance, and best of all, a lender credit of up to $2,198* towards closing costs on a home purchase or refinance. We offer this benefit to your family members too!

With our FastTrack Credit Approval Process, we will provide you with a fully underwritten credit approval before you select the home you want to buy. This could help you close in as few as 10 days after a signed purchase contract.

FastTrack gives you more purchasing power in a competitive market, decreases the cycle time from application to closing, and provides all parties with peace of mind, knowing you are a fully qualified borrower and there will be no surprises!

We are now offering our Lock Before You Look program and Bridge Loans if you need to access the equity in your existing home before you sell.

Get started today by calling Brian Gallagher - NMLS 481252 at 646.989.0288 or emailing:

Brian.Gallagher@myccmortgage.com

For more details or to apply now for a loan or pre-approval, please visit:

www.mortgagediscountsforteachers.com

Equal Housing Opportunity. All loans subject to underwriting approval. Certain restrictions apply. Call for details. CrossCountry Mortgage, LLC. NMLS3029 (www.nmlsconsumeraccess.org) Licensed by the New Jersey Department of Banking and Insurance. Licensed Mortgage Banker – New York State Banking Department. Rhode Island Licensed Lender.
*Terms & Conditions: This is not a commitment to lend. All loans subject to program guidelines and underwriting approval. Loan program terms and conditions are subject to change without notice. Available for first lien mortgage purchase money loans or refinance loans only, subject to certain minimum loan amounts. Discounts will be applied at closing as a lender credit up to a maximum of $2,198, limitations may apply. Borrower cannot receive cash at closing. Only one offer per loan transaction will be accepted. No cash value. Available only on loans originated by CrossCountry Mortgage, LLC. Borrower must mention the program at the time of application. CrossCountry Mortgage, LLC has the right to accept, decline, or limit the use of any discount or offer. Copyright© 2021 CrossCountry Mortgage, LLC.