Monticello, FL

JIMBO DOES JUMBO IN MONTICELLO FLORIDA

Looking for that perfect loan for your new dream home? Well look no further. Jimbo has been closing JUMBO loans in Florida for over 10 years. The key to getting the best rate for a non conforming loan such as a JUMBO is to have an experienced loan originator put the file together for you in the right manner. Shortcuts and files that make for messy presentations end up costing you money. Jimbo is an experienced loan originator that knows how to present your loan in it's best light to the investors.

Call Jimbo today for a Free no obligation interview @ 813.205.7958

Average real estate prices in Jefferson County, Florida have been dropping for quite some time, and recent trends indicate that the average single family home price in Jefferson County might be dropping below $100,000. Remember, average prices and average values are two separate measurements, but over time, they tend to move in the same direction.

Average single family home prices in Jefferson County once peaked above $200,000, but have declined to nearly $100,000 last month. They are shown in blue in the real estate graph below. You can see all the homes for sale in Jefferson County by using the map based property search tool on our website.

There have been no condo and townhouse sales, but land and mobile homes appear to be rising slightly over the past 6 months.

You can find volumes of market reports for Leon County and Tallahassee here and on the Tallahassee Real Estate Blog, or you can have the Tallahassee Home Sales Reports emailed to your inbox when they are published.

Jefferson County Florida Home Buyer Assistance Program Process and Time Line

1. County sponsored home buyer education class is required.

2. Home buyer is APPROVED and signs contract for home.

3. Lender sends Reservation Form with contact to county.

4. With-in 5 days, home is inspected by county staff.

5. If necessary, lead based paint assessment is completed.

6. Lender sends loan package to county.

IF NO REPAIRS ARE NECESSARY......

7. County approves application package.

8. County contracted appraiser completes appraisal.

9. Home buyer meets with home buyer counselor.

10. Mortgage package e-mailed to title company.

11. Home buyer assistance check is released by county after HUD 1 is approved.

12. Closing occurs at the offices of the title company.

FOR MORE INFORMATION PLEASE VISIT:

HUDS List of Home Buyer Assistance Programs in the State of Florida by County

For More Information on Government Loan Programs in the State of Florida Please Visit:

Government Home Loan Programs in the State of Florida

No Money Down Rural Housing USDA Loans in Jefferson County Florida are back and fully funded. The new sub-prime loans of today are the government backed or sponsored loans. The FHA Loan is one we are all familiar with but how many of you know about the USDA Rural Housing Loan.

Here's how it works

100% financing on homes located in certain geographical area's with borrower's who are in certain income ranges.

That's it!

Use this link to see if the property qualifies by falling into one of the designated geographical area's

http://eligibility.sc.egov.usda.gov/eligibility/welcomeAction.do

Remember when income qualifying to use the income of the ENTIRE family.

Seller can pay up to 6% of buyers closing cost

The 3.5% Guarantee Fee is included (Financed) in with the loan amount

100% of borrowers cash to close can come from a gift.

Must have a minimum credit score of 640.

USDA Loans are Assumable

No Manufatured Homes

For a list of Income limits by Region go to:

http://www.rurdev.usda.gov/HSF-Guar_Income_Limits.html