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4506T reminders and Broker Compensation of $0. PRMG Mortgage retired its Silver Medal Jumbo product. Any loans that were locked under this program will be able to be funded but no extensions will be.

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A reverse mortgage is a loan secured by your home and it must be your primary residence (that means that the borrower lives in the home for as long as you have the loan). This type of loan allows borrowers to access a portion of their equity – tax-free – without having to make monthly mortgage payments.

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Cliffco Mortgage Bankers is a privately-owned mortgage bank with branches in Westbury, New York and Queens, New York. We are licensed in New York, New Jersey, Pennsylvania, Connecticut, Florida, Texas and the US Virgin Islands.

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