Jeff Bank offers fixed rate loans up to a 30-year term. A fixed rate mortgage offers the security of knowing your monthly mortgage payment will remain the same over the life of the loan. We offer a variety of rates based on the term of the loan and credit scores.

Jeff Bank also offers several adjustable-rate mortgage (ARM) products with rates tied to the Treasury Constant Maturity. ARMs offer a lower initial rate and can allow for monthly payments to fit any budget.

• Available for any size parcel and virtually any type of home, as well as multi-use properties
• Up to 90% financing for Residential Purchases and Refinances without PMI
• Up to 95% financing for Residential Purchases and Refinances with PMI
• Low closing costs – no points, no prepayment penalties
• Competitive fixed and adjustable rates up to 30 years
• Jumbo mortgages available

Jeff Bank is committed to helping you achieve your dream of home ownership. This program allows for up to 97% financing and a closing cost credit of up to $6,500.00. Valid for the purchase of a single-family residence, townhouse, or condo. Offer not available for manufactured homes. Private Mortgage Insurance (PMI) may be required. Maximum loan amount of $250,000 and a minimum credit score of 700 required. Income limits apply. This product is not available for credit sale transactions. Subject to credit approval. Please contact our lending department for a full list of eligibility requirements.

The no closing cost option is a discounted package of settlement services offered to Veteran applicants. Jeff Bank will cover the following fees: mortgage origination fees, mortgage settlement fees, Bank’s title search and title insurance. A maximum credit of $6,500.00 will be applied to the payment of the mortgage fees. Any amount in excess will be the responsibility of the borrower(s). The applicant will be responsible for the appraisal fee. Please contact our Loan Origination Department for additional terms and conditions.

Jeff Bank offers a variety of HELOC products to suit any borrower’s needs. We have both fixed and variable rate products.  Each type of HELOC begins with a revolving credit (draw) period followed by a repayment period. The fixed rate HELOC is available with either a 1 year draw period followed by a 15 year repayment period or a 5 year draw period followed by a 10 year repayment period. The variable rate HELOC is available with a 10 year draw period followed by a 15 year repayment period.

Jeff Bank offers construction mortgages with one closing that covers both the construction period and the permanent mortgage.  Mortgages are available for the construction of conventional, modular, or log homes.  The purchase of vacant land can be included as part of the construction financing. The initial one year construction period is followed by either a fixed or adjustable rate mortgage. Construction schedules are created in-house and can be tailored to work with your building schedule and there are no construction inspection fees.

Jeff Bank is one of the few institutions to offer financing for vacant land.  Loans are available for any size parcel.  We offer mortgages at a fixed rate for up to a 20 year term and up to 65% financing.

Whether it is for purchase, refinance, or construction, Jeff Bank is one of the few institutions to offer mortgage financing for manufactured homes. We will finance up to 75% of the appraised value of your home and property with payment terms up to 20 years.

Jeff Bank is one of the few institutions to offer financing for mobile homes either in a park or on your land. We offer fixed and variable rate loans on new mobile homes up to 15 years and on used mobile homes up to 10 years.

Jeff Bank offers financing on seasonal homes.

• 25% down payment
• Competitive fixed and adjustable rates up to 30 years
• Jumbo mortgages available