No PMI Mortgage Program for Veterans, by Lisa Zambelli, Loan Officer Cliffco Mortgage, Long Island

Our star Loan Officer Lisa Zambelli has something exciting up her sleeve. If you are a Veteran, watch this video. There is a little known program specifically tailored for Veterans, which gets rid of the Personal Mortgage Insurance (PMI), which is so costly on a monthly mortgage payment.

What Other Factors do Mortgage Lenders Consider for You Mortgage Loan?

Even if your credit core is not that great, it does not mean you can't get a mortgage loan. When you apply for a loan, your credit score is only one of the factors taken into consideration. Sydney Hahn, loan officer at Cliffco Mortgage, goes down the list of the most major factors also taken into account.

Do you want a 4% interest rate? By Lisa Zambelli, Loan Officer

In this short video, Lisa Zambelli introduces first-time home buyers to a mortgage loan program offered by Cliffco Mortgage Bankers at a very low interest rate.

Chris Clifford - What I like Best About my Job

Chris Clifford, CEO of Cliffco Mortgage Bankers, shares what he likes best about his job: enabling people to become owners of their own home.

Can I buy a home with bad credit? Yes! By Cliffco Mortgage Bankers, Long Island, NY

Can you purchase a home if your credit score is low? That's a question that many Americans have after years of recession and the pandemic. Here is the answer offered by Cliffco Mortgage Bankers

Are mortgage brokers better than banks? An answer by Cliffco Mortgage Bankers, Long Island, NY

Mortgage bankers vs. Mortgage brokers. Who do you turn to to get a home loan? Cliffco Mortgage Bankers offers an answer to this legitimate question.

Lisa Zambelli, and Cliffco's Down Payment Assistance Program

Loan Officer Lisa Zambelli discusses a down payment assistance program offered by Cliffco Mortgage Bankers. "I have a great program for you. If you are a first time home buyer, I could get you up to 3% of down payment assistance money, up to $15,000, with an interest rate in the mid fours with no points. If you want to hear more, how to get this down payment assistance, give me a buzz and I'll tell you all about it."

Chris Clifford, CEO CLiffco Mortgage, on "When is the Right Time to Buy?"

Can you time the real-estate market? Chris Clifford, CEO of Cliffco Mortgage Bankers, answers that question in the context of finding the right time to buy a property in your market.

Chris Clifford How did I start in this business

How did Chris Clifford, CEO Cliffco Mortgage Bankers, start building a multimillion dollar mortgage bank from very modest beginnings? That's the topics of this brief video clip... From rags to riches, another American dream story...

What's The Minimum Credit Score to Buy a Home?

There is not one single minimum credit score to qualify for a loan to purchase a home. This is a misconception that Sydney Hahn, loan officer at Cliffco Mortgage Bankers, dispels in this short video.

I got my client a 4.5% mortgage rate in a bad environment

Cliffco Loan Officer Lisa Zambelli describes how using the State of New York Mortgage Agency (SONYMA) home loan program enabled her to bring down the interest rate of a conventional loan to a much better rate of 4.5%.

We Make Home Buying Easier, Faster, Better than Big Banks. Here is Why

Bigger is not always better. Specialization is beautiful. Cliffco is a mortgage bank and as such, it offers many benefits that big banks just can't offer. That is not to say big banks don't serve their clients well. Cliffco's customers simply tell us they loved to work with us to finance their new home on Long Island.

Interest Rates & Non-Qualified Mortgage Loans - George Diamantakis, Loan Officer Cliffco Long Island

In this video, George Diamantakis, Snr Loan Officer at Cliffco Mortgage Bankers, Long Island NY, covers the impact of interest rates on the Long Island housing market, and goes over the financing options offered to non-qualified homebuyers outside of conventional, FHA, or VA mortgage loans.

We Make Home Buying Easier, Faster, Better than Big Banks. Here is Why

Bigger is not always better. Specialization is beautiful. Cliffco is a mortgage bank and as such, it offers many benefits that big banks just can't offer. That is not to say big banks don't serve their clients well. Cliffco's customers simply tell us they loved to work with us to finance their new home on Long Island.

Interview of Joseph Jerez, KW Realtor® in Massapequa, Long Island, NY

My name is Joseph Jerez. I'm with the Marilyn Richard team at Keller Williams Legendary. We're based out of Franklin Square, Long Island, and we happen to be the top team at our brokerage.

Bank Statement Loans, a Type of non-QM Loan - by George Diamantakis

In this short video, George Diamantakis of https://CliffcoMortgage.com discusses a type of non-qualified mortgage loan called a "bank statement loan". What is it? What profile of home buyer does it fit?

What is Considered a bad Credit Score When Looking to Buy a Home?

"This question is a very common one, but it's not the best one to ask," says Sydney Hahn, Loan Officer at Cliffco Mortage Bankers. "The better question is whatever your loan officer can pull out a loan program that you can qualify for". And the next best is "how can I improve my score, good or bad."

1099 Loans: Business Owners Can Get Their Home Purchase Financed

George Diamantakis, Snr Loan Officer at https://CliffcoMortgage.com explains in this brief video what a 1099 Loan is, and how it is applicable to non-W2 home buyers. Whereas a typical home buyer on a W2 will enter into conventional financing tools (such as an FHA loan), business owners, solopreneurs, taxi drivers, etc., have difficulty showing the income they need to purchase a property. A 1099 Loan, one the specialty financial product of Cliffco Mortgage in the non-qualified mortgage universe, bases the application not on the taxable income but on the gross revenue of the business.

Interview of Kyle Arabian Loan Officer by Cliffco Mortgage Bankers

Hey folks, this is Phil with Cliffco Mortgage. And today on the show, we have Kyle Kyle Arabian, who is he's gonna tell you who he is actually. So can I, why don't you present yourself a little bit.

Interview George Diamantakis, Snr Loan Officer at Cliffco Mortgage Bankers in Long Island, NY

Okay folks. Today in the studio, we have George Diamantakis, who's a senior loan officer at Cliffco Mortgage Bankers. George, let's go with your career first. Tell us a little bit about your career, what you do at Cliffco today.

What Questions Do You Have About Home Loans & Improving Your Credit Score?

Our channel is dedicated to answering all types of questions related to mortgage loans (home loans). We welcome all questions, and strive to provide helpful answers. Please ask what you want to know in the Comments below.

Interview with Kyle Arabian State of Long Island Real Estate Market

Loan officer Kyle Arabian is interviewed here on the effects of rising interest rates on the Long Island real-estate markets, and home buyers' options regarding higher interest rates and home equity.

How do car loans work? An answer by Cliffco Mortgage Bankers, Long Island, NY

You want to purchase a new car, and you wonder how the financials will work out when you also seek to purchase a home. Here is an answer by Cliffco Mortgage Bankers, Long Island, NY.

Should You Take out a Mortgage with bad Credit

Sydney Hahn, Loan Officer at Cliffco Mortgage Bankers, gives us a quick advice about taking a mortgage loan when we have bad credit. Should we apply? Should we take the burden of a mortgage payment? Of course, the answer will ultimately depend on your personal situation. But even with questionable credit, your financial situation could enable you to qualify for a mortgage: Cliffco offers for instance a variety of non-conventional mortgage loans, called "non-QM mortgage", to people who may not qualify for a regular FHA loan, for instance. So the first step is certainly to discuss and assess the specific situation with a loan officer.

HELOC: What is it and how do they work?

Open-ended credit lines enable you to draw funds secured by the value of a property offered as collateral. What is the most common form of such open-ended credit line? HELOCs. What are they?

HELOC: What is it and how do they work?

Open-ended credit lines enable you to draw funds secured by the value of a property offered as collateral. What is the most common form of such open-ended credit line? HELOCs. What are they?

How did I get a negative credit history? What to pay attention to. By Cliffco Mortgage, Long Island

Your credit report can be negatively impacted by a number of factors, preventing you from getting approved for a home loan or a car loan.

Should I pay off my debt before buying a home with bad credit?

A common strategy to improve a less-than-optimum credit score is to pay off debt to improve the debt-to-income (DTI) ratio and credit utilization score. But is this the first thing to do? Here is Cliffco Mortgage Bankers' answer to a question we often hear from clients.

Interview of Rosina Jaglall, Realtor®, East Meadow, NY - How is the East Meadow market trending

In this video interview, Rosina Jaglall, Realtor® specializing in East Meadow, NY, discusses the current trends in her market, the types of properties most appreciating, and the situation of the supply and demand.East Meadow is a sought-after hamlet in the Town of Hempstead in Nassau County, on Long Island, NY. Rosina has followed the family tradition, her folks were also Realtors. Her brokerage is Keller Williams.

How can I improve my credit score to qualify for a home loan? By Cliffco Mortgage, Long Island NY

Improving your credit score with a view to getting approved for a mortgage loan requires certain steps that depend on the credit profile of the person. There is not one standard answer to this question for all type of credit profiles. In this video, Cliffco Mortgage Bankers covers the question with a broad brush, giving you key factors that will always work, whatever your credit situation is.

Can I buy a home if I have a collection account? By Cliffco Mortgage Bankers, Long Island, NY

Everyone knows having a collection account is a liability on a credit report. But how big is this liability when seeking to get a home loan approved? Cliffco Mortgage Bankers (https://CliffcoMortgage.com) brings you a simple but detailed answer with figures you can use as guidelines. In the final analysis, your credit approval will depend on many other factors.

How High Would be My Mortgage Rate?

It is natural, when considering the purchase of a home, to want to know in advance how high would be your mortgage rate. Sydney Hahn, Loan Officer at Cliffco Mortgage Bankers, explains why it is impossible to get a reliable answer to this question from any one in the banking industry without preliminary steps.

Cliffco Mortgage: Brief Analysis of the Long Island Real Estate Market

Loan Officer Kyle Arabian gives a short insightful analysis of the Long Island real-estate market in July 2022. With the rise in interest rates, what happens to prices? Is the residential property market cooling off after a 2-year wild ride? Are housing prices coming down?

Video tour of a gorgeous home in Baldwin, on Long Island NY

Check this out! This gorgeous home is located in the southwest area of Long Island, in Baldwin, next to Oceanside. It is directly on the water with a boat lift. Realtor Davorka Bender gives us a private tour, accompanied by Eric Boci, mortgage professional at Cliffco Mortgage Bankers.

Lisa Zambelli - Common Misconceptions

In this short video, Lisa Zambelli, a star loan officer at Cliffco Mortgage, shares briefly about the fact loan officers must have your numbers in hand to be able to package the right mortgage loan for you. Don't wait "until everything is in a good position" to ask a loan officer whether you can be pre-approved or not. This is the job of the loan officer to get your pre-approved and work with your situation.

How can I raise my credit score fast? By Cliffco Mortgage Bankers, Long Island, NY

You want to purchase a home, you know your credit score isn't the best, what do you do?

How did I get a negative credit history? What to pay attention to. By Cliffco Mortgage, Long Island

Your credit report can be negatively impacted by a number of factors, preventing you from getting approved for a home loan or a car loan.

Impact of Rising Rates on Homebuyers' Options in Long Island NY

George Diamantakis shares his analysis of the residential real estate market in Long Island, NY and the choices faced by home buyers in the current environment of rising interest rates and home values that are still high in mid 2022.

Are large down payments required for credit mortgage loans? By Cliffco Mortgage, in Long Island, NY

In this video, Cliffco Mortgage Bankers in Long Island, NY (https://cliffcomortgage.com) answers a question our loan officers often hear from clients seeking pre-approval status in preparation for the purchase of a home.