RESIDENTIAL MORTGAGE PRODUCTS

Fixed Rate Mortgages

Competitive Fixed Rates for the entire term of your mortage. Flexible Mortgage Terms. Special Programs for the Self-Employed. Programs available for the First Time Homebuyer. Click here to contact a Mortgage Consultant for more product and rate information.

Adjustable Rate Mortgages 1

Competitive Rates. Flexible Mortgage Terms. Special Programs for the Self-Employed. Programs available for the First Time Homebuyer. Click here to contact a Mortgage Consultant for more product and rate information.

Bi-Weekly Mortgages

With this option you will pay your mortgage off in much less time than compared to a monthly mortgage. Competitive Fixed Rates for the entire term of your mortgage. Flexible Mortgage Terms. Payments are required every two weeks and are automatically transferred from your First National Bank of Long Island checking account. Special Programs for the Self-Employed. Programs available for the First Time Homebuyer. Click here to contact a Mortgage Consultant for more product and rate information.

Jumbo Mortgages 1

Loan Amounts up to $1 Million or more. Competitive Fixed and Adjustable Rate Mortgages are available. Flexible Mortgage Terms. Special Programs for the Self-Employed. Click here to contact a Mortgage Consultant for more product and rate information.

New Construction Loans

Flexible terms up to one year. Interest only. Conversion option for permanent financing. REQUIRED DOCUMENTATION: Final Plans and Specifications. Property Profile (description of Materials). Line Item Cost Breakdown (obtain from builder). Copy of signed Construction Contract. Listing of Trade References from Contractor. Click here to contact a Mortgage Consultant for more product and rate information.

SONYMA

The State of New York Mortgage Agency ("SONYMA") offers four mortgage programs to assist low and moderate income first time homebuyers with the purchase of a home (including condominiums and co-operatives) in New York State. Each program features a below-market interest rate, low downpayment requirements, no prepayment penalties, and offers closing cost assistance to make your home purchase more affordable. For more information contact a First of Long Island Mortgage Consultant or visit www.nyhomes.org to review all the programs available.

Getting Started:

For our Mortgage Consultants to serve you better, we recommend that you gather the following Required Documentation:

30 Days Paystubs. 2 Years Federal Tax Return. 2 Years W-2 and 1099 forms. 2 Months Asset Statements (all pages). Contract of Sale (purchase transaction). Deed & Survey (refinance transaction).

For more information, visit one of our Branch Locations nearest you or simply call (516) 671-4900 or (212) 566-1500.

1 For adjustable rates, APR may change after consummation.


*This offer is subject to change at anytime without notice to you.