Home Possible Mortgage

Looking for a Low Down Payment mortgage?
Talk to us about buying a home or refinancing your existing mortgage.

We offer Freddie Mac’s Home Possible® Mortgages which allow for a 3% down payment and flexible credit terms to make it easier for you to buy the home of your dreams. Those with excellent credit may qualify for a zero down payment plan.

We offer more types of loans, for more borrowers:

• First time homebuyers
• Customers with less-than perfect credit
• Families on a budget

Home Possible Mortgages offer:

• Fixed rate mortgages (15,20,30 year)
• Adjustable rate mortgages (ARMs)
• Easy no cash-out refinancing

Your closing costs may be funded using a variety of sources:

• Gift from a related person
• Grant from a local housing agency - Jax Federal Credit Union has partnered with a local agency, "The Housing Partnership of Northeast Florida" to provide assistance with closing costs and down payment financing.
  
• Property seller contribution up to 3 percent

At Jax Federal Credit Union, we will assist you at every step of the mortgage process. Our experienced mortgage representatives are here to help you with any questions you may have. Learn whether you qualify for up to 100% financing on one-unit primary residences, including condominiums (manufactured homes require a 5% downpayment). For additional information, including our current rates, contact Paula, our Mortgage Loan Officer at (904) 475-8184.

Use our home buying coach for more information on the home buying process, lending tips, and using a realtor.

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