Residential Mortgages

Conventional loans are not insured by the FHA or VA. Generally, these are a good option for homebuyers with higher credit scores and stable employment histories.

JACOG Advisors Mortgage Team, makes a suitable partner when looking to finance ultra-luxury or high-end residential real estate assets. Through our Jumbo and Super Jumbo underwriting expertise, we offer mortgage products that have flexibility of borrowing with less restrictions. They can be used to finance primary residences, second or vacation homes, and investment properties. A Jumbo Loan may also be the right option when refinancing an existing home loan or consolidating multiple mortgages into a single loan.
A mortgage is generally considered a Jumbo Loan when it exceeds the conforming loan limit, $484,350 in most U.S countries, set by Fannie Mae and Freddie Mac. Super Jumbo Loans usually include mortgage amounts over $1 million.

Some of the program highlights:

• Typical Loan amounts to $30,000,000*

  Higher amount available

• 90% LTV considered with pledge assets
• 100% LTV considered with cross collateralization
• Interest only options available
• Vesting in trust, sub S corporations, LLCs and partnerships allowed

A Relief Refinance is designed to help you make your existing mortgage more affordable.

If you’re dreaming of home ownership but still saving for a down payment, you may be able to buy now with a HomeOneSM mortgage. It only requires a 3% down payment, and you’re not limited to a traditional residence.

As affordable starter homes have become scarcer and more likely to be in need of repair and renovation, manufactured housing is an increasingly appealing option. Today’s manufactured homes offer a high level of quality and customization, and unlike in the past, some of these homes are now eligible for more conventional mortgages such as Fannie Mae MH Advantage.

A HomeStyle Renovation Mortgage allows renovation funding equal or up to 50% of your property’s post-renovation value and is available for new and existing homes – even new construction!

Home Possible® is a Freddie Mac loan program designed to bring home ownership within reach to more borrowers.

HomeReady™ is a Fannie Mae loan program that is designed to extend the privileges of home ownership to buyers with limited household incomes.

DU Refi Plus is a Fannie Mae refinancing program that enables buyers to take advantage of lower interest rates while choosing a custom loan term.

Jumbo loans are just that –larger amounts of funds for luxury properties and homes in high-cost areas.

Our Jumbo Interest-Only ARM is ideal for homebuyers who prefer a lower monthly payment during their first years of their loan.