Residential Loans
A Full Range of Mortgage Options
With a Team You Can Trust
Your mortgage should be built around your life. At Jacksboro National Bank, we offer a full range of loan options and honest guidance to help you choose what’s right for you. Our experienced team is here to simplify the process, answer your questions, and make sure you feel confident every step of the way.
We offer the latest technology, a team that knows your name, and a streamlined process. We live and work in this community, and we’re committed to helping our neighbors make smart, informed mortgage decisions.
With a team that is local, knowledgeable and ready to help.
Fixed Rate
Predictable principal and interest payments for the life of the loan.
• Loan Type: Conventional
• Minimum credit score: 620
• Maximum Loan-to-Value (LTV): Up to 97%
• Available Terms: Up to 30 years
• Property Types: 1- 4 unit primary residences, second homes and some condos
• Available for: Purchase, Refinance, Cashout Refinance
Adjustable Rate
Structured as 5/1 ARMs (Initial rate fixed for the first 5 years with annual rate adjustments thereafter)
• Loan Type: Conventional
• Maximum Loan-to-Value (LTV): Up to 85%
• Available Terms: Up to 30 years
• Property Types: 1- 4 unit primary residences, second homes and some condos
• Available for: Purchase, Refinance, Cash Out Refinance
FHA (Federal Housing Authority)
Government-insured financing with lower down-payment requirements and more flexible credit standards.
• Loan Type: FHA
• Minimum Credit Score: 620
• Maximum Loan-to-Value (LTV): up to 96.5%; up to 97.75% rate/term refinance
• Available Terms: Up to 30 years fixed
• Property Types: Owner occupied, 1- 4 unit homes, some condos/townhomes (must be FHA-approved)
• Available for: Purchase and Refinance (no cash-out refinances)
VA (Veterans Administration)
Exclusive zero-down financing for eligible veterans, active-duty service members, and qualifying spouses.
• Loan Type: VA
• Minimum Credit Scores: 620
• Maximum Loan-to-Value (LTV): Up to 100% for purchases, up to 90% for refinances
• Available Terms: Up to 30 years fixed
• Property Types: Owner occupied 1- 4 unit homes, some condos/town homes (must meet VA requirements)
• Available for: Purchase and Refinance
USDA (Guaranteed Rural Housing)
Zero-down financing for eligible buyers in designated rural areas with income limits.
• Loan Type: USDA Guaranteed Rural Housing
• Minimum Credit Score: 640
• Maximum Loan-to-Value (LTV): Up to 100% plus guarantee fee financed
• Available Terms: 30 years fixed
• Property Types: Owner occupied 1-unit homes in eligible rural areas
• Available for: Purchase and Refinance
• Eligibility: Must meet income and property eligibility requirements
Investment Property
Financing 1- 4 unit non-owner occupied properties to expand your real estate portfolio.
• Loan Type: Conventional
• Maximum Loan-to-Value (LTV): 80%
• Available Terms: Up to 30 years
• Property Types: 1 – 4 unit non-owner occupied properties
• Available for: Purchase, Refinance, Cash Out Refinance
Construction
Short-term financing during the build with a convenient path to permanent financing
• Loan Type: Construction
• Maximum Loan-to-Value (LTV): Up to 85% of appraised value (land + improvements)
• Available Terms: 12 to 18 months
• Property Types: Custom single-family primary residences
• Available for: New Construction
Jumbo
Financing for loan amounts above conforming limits with competitive rates and flexible terms
• Loan Type: Jumbo (Conventional)
• Minimum Credit Score: 700
• Maximum Loan-to-Value (LTV): Up to 90%
• Available Terms: Up to 30 years
• Property Types: 1- 4 unit primary residences, second homes and some condos
• Available for: Purchase, Refinance, and Cash Out Refinance
