LOAN TYPES:

FHA - Government

FHA stands for Federal Housing Administration. The FHA program was created to help stimulate the housing market, making loans not only more accessible but more importantly more affordable.

To qualify for a FHA loan you can have less than perfect credit; even if you have undergone bankruptcy or foreclosure, you may still qualify. The required down payment is only 3.5% of your total loan value.


FHA 203k - Government

FHA 203K loans are for home buyers who are considering purchasing a home that requires repairs, such as an older or damaged home. Most often purchasing the home is costly enough, how would you afford to do all of the repairs…. with a FHA 203k loan.

*Please note: There are restrictions to repairs that qualify.*


USDA - Government

USDA stands for The United States Department of Agriculture. To qualify for a USDA loan, your property must be located in an approved rural area. USDA loans are geared to help low to moderate income consumer’s purchase, renovate, and/or repair a home that is located in a rural area.

Call us today to find out if your home or the home you are interested in is eligible.


VA - Government

VA Loans assist consumers who have served or are currently serving in the U.S. Military. One of the biggest benefits of a VA loan is that there is no down payment required (unless required by lender or the purchase price exceeds the reasonable value of the property). Another benefit of taking out a VA loan is that it is also “assumable”, which if you choose to sell your property the buyer can “assume” your current mortgage loan. Certain restrictions may apply.


30-Year Fixed Mortgage & 15-Year Fixed Mortgage - Conventional

With a 30-year fixed mortgage loan your payments never change! Even your interest rate remains the same throughout the 30-year term. When rates decrease give us a call, and we will help you to refinance your mortgage to decrease your interest rate.

With a 15-year fixed mortgage loan your interest rate is most likely going to be much lower than if you were choosing a 30-year fixed mortgage. Again, payments and interest rate never change throughout the duration of your loan! You will save money opting with a 15-year mortgage versus a 30-year mortgage because you are paying off your loan in half of the time.

To qualify for a conventional loan you will need a down payment of at least 5% of your total loan value.


H.A.R.P - Government

H.A.R.P stands for The Home Affordable Refinance Program. This program is designated to home owners who took ownership prior to May 31, 2009. Harp allows homeowners to refinance to lower their monthly payments by a lower interest rate.


Jumbo - Non Conventional

Jumbo loans are for consumers seeking a “jumbo” amount; Meaning, a loan amount that surpasses the county’s general or high-loan limit of approximately $417,000. Investment properties, second homes, and high land to home valued properties are all eligible! Why not get more home for your money when rates are as low as they are today!


WHAT TO BRING:

What to bring to my sign-up appointment?


Joonago Mortgage Services requires documents to submit your loan. Below is the list of documents from Borrower and/or Co Borrower:


  • Two current paystubs
  • W2’s and full Tax Returns with all schedules for the last 2 years
  • 2 current Bank Statement and/or last quarterly Investment Statements with all pages
  • Copy of Driver licenses
  • Copy of Social Security Card
  • Home owners Agents name & number
  • Any Credit Documentation *if applicable
  • Current Award Letters with proof of 3 year continuous for SSI, VA and/or Pension benefits *if applicable
  • Current Note & Settlement Statement *if applicable
  • Bankruptcy Papers with discharge date *if applicable
  • Please provide Marriage Certificate *if recently married
  • Divorce papers *if applicable
  • An Accepted Purchase Agreement *if applicable

Testimonials

After my US Bank failed to underwrite my loan, Joe was on top of things and got everything done to close in 2 weeks! Wish I would have went with his company vs the bank from the start! Answered all my questions, was available when needed, and was professional, respectful, and wonderful to work with! Would highly highly recommend!

Stephanie Milmoe

Joonago Mortgage makes home buying easy. They were helpful each step of the way and I was always informed of where we were in the process. They are very fast and responsive. Their proactive approach made it a very stress-free experience. Not the first time I’ve used them and I came back to them because I’ve had experiences with other companies that were a nightmare. The Joonago team is great, you won’t be disappointed!

Candy Slane

I have used Joonago Mortgage for both an initial home purchase as well as a refinance. Joe was very professional, extremely knowledgeable and always prompt in his responses to questions. He also secured us a lower interest rate than I had ever hoped for. Twice! Highly recommended!

Alisa Milano

Joe is great. He helped us get our original mortgage and then got us 1.5% lower refi a year later. He’s quick, to the point, and will get you a great rate. I highly recommend using Joe!

Scott Gara

I have used Joonago Mortgage for both an initial home purchase as well as a refinance. Joe was very professional, extremely knowledgeable and always prompt in his responses to questions. He also secured us a lower interest rate than I had ever hoped for. Twice! Highly recommended!

Liz Miller

Highly recommended working with Joe. He is incredibly fast and efficient. Most of my transaction was via text and a few quick calls.

Makes working with him really really easy.

I brought a strong competitive rate to Joe from a big bank. Joe worked to nearly eliminate my closing costs and keep the monthly rate the same.

Nicholas Jackson

Thank you Joe! When my previous lender denied my mortgage 4 days before closing I didn't know what I was going to do. Joe to the rescue, we were able to close the deal and save our house. Thanks again!

Ron Sween

This was my second time working with Joe and I will continue to go back to him. He is incredibly responsive and great to work with. He spends the time with you to make sure you understand the process and feel good about what's happening.

Zach Lawlor

I am beyond happy with using Joonago Mortgage Services. Joe’s knowledge and customer service ability made my loan process easy. He offered the most cost-effective options and took the worries away. I would highly recommend using Joonago Mortgage Services.

Lindsay Adair

We purchased our home threw them and refi. All of our experiences were top notch. Joe is hard working and always available to answer questions. I would use them time and time again. Thank you for all you do.

Kevin Petersen

It was great working with Joonago from start to finish. They were recommended to me by a friend because I was looking to do a refinance on my house that I had purchased less than two years ago. They were able to get me a great rate that I couldn’t pass up on. Also, they were really patient with me. I had a number of questions and they always responded quickly. Highly recommended.

Dan Fleming

As a first time homebuyer from out of state, I cannot speak highly enough of the Joonago team! They were patient with questions and made sure to take extra time to make sure I understood processes. I have the utmost confidence that Joonago provided me services that were most beneficial to me and I would not hesitate to work with them again. I highly recommend them!

Kiahra Klinghagen

I want to say that Joe with Joonago Mortgage has changed me and my children’s lives... from day one he has remained hard working, consistent and caring. He stayed updated on my home buying process and never missed a beat... I have been sharing his name and information with everyone who mentions home ownership possibilities, and will continue to do so...

Thank you so much Joe for holding my hand through this process to the end!!!

Aisha Harmon

Joe was fantastic and very responsive! Helped me purchase my first property.

Matt Blanchard

Joe and team make the refinance process so easy. They are very responsive and make sure you know all of our options before moving forward. We have used Joonago Mortgage Services to purchase two homes and for a refinance - and trust in them 100%. Great, knowledgeable organization!

Natilie Dotzauer

Amazing!! Joe made our refinance quick and easy. He researched our home and neighborhood and knew what our value was before we even started the application.

We’re saving a ton each month on PMI and interest. Thanks so much Joe!

Jackie Aschenbrener

Working with Joe was a great experience. He is always very quick and concise with communications. A top rated provider in my book.

Jeff Bourdo

This was my second time working with Joe at Joonago Mortgage and he is the best. He always follows up and makes the process of buying a home or refinancing a breeze. I definitely recommend Joonago Mortgage and hope to work together again!

Justin Yonke

Amazing!! Joe made our refinance quick and easy. He researched our home and neighborhood and knew what our value was before we even started the application.

We’re saving a ton each month on PMI and interest. Thanks so much Joe!

Jackie Aschenbrener

Working with Joe was a great experience. He is always very quick and concise with communications. A top rated provider in my book.

Jeff Bourdo

This was my second time working with Joe at Joonago Mortgage and he is the best. He always follows up and makes the process of buying a home or refinancing a breeze. I definitely recommend Joonago Mortgage and hope to work together again!

Justin Yonke

This is for informational purposes only. This is not a commitment to lend or extend credit. Information and/or dates are subject to change without notice. All loans are subject to credit approval and property qualification. Cash reserves may be required. Joonago Mortgage is not acting on behalf of or at the direction of HUD/FHA or the Federal Government. Joonago Mortgage - 7700 W Bluemound Rd, Wauwatosa, WI| 920-378-0002 | Wisconsin NMLS 249858 AZ Mb-0945285 www.nmlsconsumeraccess.org | Equal Housing Opportunity. You should always be speaking with a highly qualified mortgage advisor that can educate you on all these factors and how to get the best mortgage. A mortgage advisor should educate and empower you to make good financial decisions.