You want to help start the hinged home to homeownership for you personally.

We are right right here to resolve the questions you have about mortgages or any other financing that is home-related. U se the application kind form below to begin the certification procedure and a Jefferson Bank financing expert shall contact you.

We are right here to respond to your entire questions regarding mortgages or any other home-related funding options. Contact us at (210) 736-7700

Home Loan Items

Real Estate Loan Options

With a fixed-rate home loan, you understand precisely what your month-to-month principal and interest re payments is supposed to be for the life of the mortgage. Your interest is locked in along with a choice of a few payment that is different. It really is a fantastic solution in the event that you want to stay static in your house for an extended period of the time and feel more content aided by the security of a fixed rate.

With a supply, interest levels may be locked set for a single, three, five, seven, or ten time period year. Following the term expires, your price adjusts either up or down on the basis of the index that is financial together with your specific loan. A supply could be the right solution in the event that you intend to be in your house for a short while or wish to benefit from a reduced, initial rate of interest.

We provide an original portfolio loan item that will help potential customers with unique circumstances or atypical funding demands, which will make it tough to be eligible for a a main-stream mortgage loan. They could be employed for main residence or 2nd houses.

• Competitive prices
• Quick turn times
• Reduced documents
• In-house processing, underwriting and shutting
• No prepayment penalty
• No mortgage that is private (PMI)

Purchasing a house doesn’t always require a sizable payment that is down.

An FHA loan might be the perfect solution for you if you’re looking to buy a home but don’t have the funds saved for the typical 20% down payment.

• Minimal advance payment options
• Reduced rates of interest than old-fashioned funding
• More requirements that are flexible mainstream funding
• Credit ratings as little as 600
• Deposit Assistance for qualified purchasers

Are you currently an ongoing or retired person in the armed forces?

You might be eligible for a true mortgage with 0% down.

VA loans are created specifically for active responsibility solution users, veterans or spouses that are surviving.

• Zero advance payment
• No mortgage that is private (PMI)
• More qualification that is flexible than mainstream loans
• Credit ratings as little as 600
• Seller can add all conventional closing that is allowable

Jefferson Bank is a participating lender into the Veterans Housing Assistance Program (VHAP). Solely for qualified Texas veterans, it gives a chance to buy a house with small or no cash down with a low interest. Your home needs to be a primary residence located in Texas.

A mortgage that is residential the “jumbo” category when it exceeds the conforming loan limit. Presently in Texas, that loan limitation is $484,350 for the solitary home. Jefferson Bank provides jumbo loans for main, 2nd and getaway houses with both fixed and interest that is adjustable.

Trying to find the right spot to construct a brand new house?

Secure the land to create now or in the long run.

• Three funding possibilities, including interest just and fixed price loans
• Minimal credit history 620
• Minimal advance payment options
• In-house underwriting, processing and closing

It can be done by us all! From construction loans and financing that is permanent you’re going to be building your ideal have a peek at the link home right away!

We could allow you to lay a powerful foundation for building the new house through the ground up with a home construction loan that is interim. Generally in most instances, your construction loan may be transformed to a hard and fast price mortgage after your property is built.

We are right here to resolve any concerns which help start the doorway to the new house. Phone a Jefferson Bank financing expert today at (210) 736-7700.

Why don’t we assist you will find the home loan item simply best for your needs.

Notices & Disclosures

Jefferson Bank is chartered underneath the guidelines for the State of Texas and by state legislation is at the mercy of oversight that is regulatory the Texas Department of Banking. Any customer wanting to file a grievance against Jefferson Bank should contact the Texas Department of Banking through one of several means indicated below:

• Face-to-face or U.S.
• Mail: 2601 North Lamar Boulevard, Suite 300, Austin, Texas 78705-4294
• Phone No: (877) 276-5554, Fax No.: (512) 475-1313
• E-mail: email protected
• Site: www. Dob. Texas.gov.

All loans are at the mercy of credit approval. Prices, terms, and conditions are susceptible to alter with no warning.