Jay Young
Senior Mortgage Banker

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Jay Young offers a variety of loan programs to meet your needs. Convention, jumbo, government and portfolio loans.

We also fund construction and re-construction loans.

 
Government Loans - FHA and VA - with out overlays
Conventional Loans
Portfolio Loan
Construction, Reconstruction and Lot Loans
Jumbo and Super Jumbo Loan

Government Loans - FHA and VA - with out overlays

Great loans for borrowers with smaller down payments. Government insured mortgage. Flexible underwriting.

Fixed and Adjustable program options

Great rates, low lender fees and Fast Closing.

Term: 2 years   Maximum Amount: $697,500
 

 

 

 

 


Conventional Loans

Conventional loans with with or with out PMI. Loans are underwritten electronically and delivered without overlays to Freddie Mac. Standard underwriting guidelines apply.

Conforming and High Balance Conforming Loan options.

Fixed and Adjustable options are avialable.

 

 

Term: 2 years   Maximum Amount: $697,500
 

 Purchase money 2nds are available on a case by case basis; funded thru our portfolio.


Portfolio Loan

Loans may be offered through our portfolio that are underwritten to our specific requirements. The underwriting decisions are made by loan committe and from common sense.

Term: 30 years   Maximum Amount: $3,000,000
 

 Purchase money seconds are available on a case by case basis


Construction, Reconstruction and Lot Loans

The loans listed above for the purchase and construction of Primary and Seconday residences.

Call for details. 

Term: 30 years   Maximum Amount: $3,000,000
 

 Loans are subject to As-If appraisals and construction cost breakdown.


Jumbo and Super Jumbo Loan

Many of these loans are funded through our Portfolio using common sense guidelines. Loans are approved on a case by case basis.

Term: 30 years   Maximum Amount: $3,000,000



Unless otherwise indicated, these APR calculations are based on the following: Conforming loans (whose maximum loan amount is below $417,000 for the contiguous states, District of Columbia, and Puerto Rico or below $625,500 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $417,000 with closing costs of $8,340. Jumbo Loans (whose maximum loan amount exceed $417,000 for the contiguous states, District of Columbia, and Puerto Rico or exceed $625,500 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $1,000,000 with closing costs of $20,000. Your actual APR may be different depending upon these factors.