About Bob Federici
I began my career in Banking and Finance and spent over 22 years in International Banking.
The past 20 years I have utilized my strong financial background and worked diligently in the
Mortgage Industry. I believe that my education and specialization in finance are a perfect fit to work in this industry and provide first class service to my clients. I fully understand the challenges that our young borrowers face while trying to achieve the American Dream. I have a passion to satisfy the needs of our clientele and will take as much time as needed while guiding them through every step of the Mortgage process. I pride myself on the level of dedication and integrity that I deliver to our customers and referral partners.
In addition, I remain in constant contact with all of our specific referral partners, as we are all working together for the benefit of the client. I am driven by the strong relationships that have helped me build my business. My business continues to grow with the reputable partner referral base and a steady flow of "word of mouth "referrals.
My philosophy is based on establishing a relationship with our colleagues and partners, and not just closing deals.
As a resident of Dix Hills for over 30 years, I have a great understanding of how important strong school districts, town services and a variety of community services mean to our homeowners.
I have raised 3 children in this neighborhood and have been extremely satisfied with the education agenda as well as the special extracurricular activities.
I am aware of the importance of strong schools and stimulating social activities that our new young homeowners are attempting to find.
Even though I am available 24/7 to my clients, I very much enjoy spending time with Family, especially my 2 Grandchildren. I am a big sports fan and try to hit the links as time permits.
The right advice could help you find the right mortgage for you. Let's work together.
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The competitive edge you need to purchase the home you want. Get a fast approval with options as little as 3% down.
Current mortgage rates
Points:
| Loan Type | Rate | APR | Points | Mo. Payment |
|---|---|---|---|---|
| 30-year fixed | 6.375% | 6.635% | 0.91 ($3185.00) | $2183.54 |
| 15-year fixed | 5.750% | 6.062% | 0.576 ($2016.00) | $2906.44 |
| FHA loan | 5.990% | 6.956% | 0.849 ($2591.58) | $1964.90 |
| VA loans | 5.990% | 6.433% | 0.575 ($2349.45) | $2447.14 |
| Jumbo loans | 6.490% | 6.707% | 0.919 ($8271.00) | $5682.69 |
* Rates current as of 3/30/2025 07:05 pm, provided by Bob Federici, for New York County, NY, and are subject to change without notice.
Mortgage rates disclaimers
30 year, 15 year rate assumptions
- Purchase price: $437,500
- Down payment: 20.00%
- First Lien Position
- Primary residence
- 760 FICO Score
- 30 day rate lock
- 80.00% LTV ratio
FHA rate assumptions
- Purchase price: $310,880
- Down payment: 3.50%
- First Lien Position
- Primary residence
- 680 FICO Score
- 30 day rate lock
- 96.50% LTV ratio
Jumbo rate assumptions
- Purchase price: $1,200,000
- Down payment: 25.00%
- First Lien Position
- Primary residence
- 760 FICO Score
- 25 day rate lock
- 75.00% LTV ratio
VA rate assumptions
- Purchase price: $400,000
- Down payment: 0.00%
- First Lien Position
- Primary residence
- 680 FICO Score
- 30 day rate lock
- 100.00% LTV ratio
- Must meet eligibility assumptions to qualify
This is NOT a mortgage loan approval or commitment to lend.
The actual fees, costs, and monthly payment on your specific loan transaction may
vary, and may include city, county, or other additional fees and costs. Mortgage rates
are offered exclusively through Rate, Inc. and are subject to change without
notice. The payment amount does not include homeowners' insurance, flood insurance
(if applicable), or property taxes that must be paid in addition to your loan payment.
The displayed Annual Percentage Rate (APR) is a measure of the cost to borrow money
expressed as a yearly percentage. For mortgage loans, excluding home equity lines of
credit, it includes the interest rate plus other charges or fees (such as mortgage
insurance, discount points, and origination charges). These mortgage rates are based
upon a variety of assumptions and conditions, which include a consumer credit score
that may be higher or lower than your individual credit score. Your loan's interest
rate will depend upon the specific characteristics of your loan transaction and your
credit history up to the time of closing. Refinancing may cause finance charges to be
higher over the life of the loan. Rate, Inc. has no affiliation
with the US Department of Housing and Urban Development, the US Department of Veterans
Affairs, the Nevada Department of Veterans Services, the US Department of Agriculture,
or any other government agency.
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