Ethics for Home Lending

Cliffco Mortgage Bankers has been lending responsibly more than 30 years, delivering accurate information and making the process of how to get a mortgage loan easy for our customers. We pride ourselves with being fully transparent and compliant with the new stricter federal regulations for the home loan process by implementing our own internal policies.

We Want What’s Best for You

Cliffco Mortgage Bankers has been around for 30 years, and we are licensed in New York, New Jersey, Pennsylvania, Connecticut, Florida, Texas and the US Virgin Islands. The reason we have lasted so long is because we always do the right thing for our borrowers. Our number one priority is you. We will only ever act in your best interest, and we will always steer you to towards the loan that we think will best serve you financially.

SAFE Act Licensed

The government has enacted a new federal licensing requirement known as the SAFE Act, which establishes minimum standards for licensing and registration of loan originators in order to enhance consumer protection. All of our mortgage bankers are SAFE Act licensed and registered, and we’re compliant with all federal and state licensing and lending policies.

Loan Estimate and Closing Disclosure

New federal regulations require lenders to provide customers a standardized Loan Estimate (LE) and Closing Disclosure (CD) when disclosing rate and fees. Previously, mortgage lenders used a Good Faith Estimate which was a best-effort estimate. The new and improved disclosures are designed to make sure that all lenders conform to a standardized document guaranteeing that the recording fees and charges for third-party services that lenders quote upfront are within a 10% tolerance of the actual fees at closing.

To learn more, contact our Cliffco Mortgage Bankers loan specialists at (516) 231-1654 or email Each one of our licensed experts can help answer any questions you might have, guiding you every step of the way through the loan process. We look forward to hearing from you!