Traditional Mortgage

The following is a partial list of programs offered by Jefferson Mortgage Group LLC with a brief description of the key elements of each. For a complete list of the programs that we offer, please contact us at 703-319-2198.

Conventional Fixed Rate Mortgages (FRM)

The most popular loan type, conventional fixed rate loans feature a constant interest rate for the life of the loan with monthly payments remain constant throughout the term of the loan. Traditionally, borrowers are expected to provide a 20 percent down payment though this is not necessarily required. We currently offer loans as high as 97% Loan-to-Value with various Private Mortgage Insurance (PMI) options. Contact us for details on down payment options.

Available terms generally range from 10 years, 15 years, 30 years and 40 years with some restrictions. 

Temporary rate buy-downs, such as a 2/1 buy-down incrementally lowering the interest rate for the first two years, may also be available.