• A happy couple holding up keys to their new home
  • FHA Loan

    Becoming a homeowner is an item on millions of Americans' bucket lists. Making your goal a reality can be slightly overwhelming at first, especially for first-timers. With an FHA (Federal Housing Administration) Loan from Jefferson Bank you will have a government-backed loan, offering you flexible payment options and a minimal down payment.

    Its increased flexibility with interest rates and credit scores, as well as personal assistance from the friendly faces at Jefferson Bank, helps many first-time homebuyers gain the confidence you’ll need to finance your home successfully. The FHA Loan requires a minimal down payment, which works great for those of you who may be just starting out.

  • Check out the benefits that come with an FHA Loan:
    • Low down payment
    • Loan terms are flexible – choose anywhere from 15 to 30 years for the life of the loan
    • Competitive rates with Jefferson Bank
    • Government-backed loan
    • Pay down your principle at any time with no penalties
    • Available with both fixed and adjustable-rate mortgages
    • Sellers can contribute up to 6% of the sales price to assist with the payment of closing costs and pre-paid items