What Our Customer Are Saying
Thanks JTS for another easy experience. Our refinance to get a lower rate was a very easy process thanks to your team of professionals. I would never consider going anywhere else for mortgage advice and service.
David Minyard
Thanks Jeff and your entire staff at JTS & Co. Most professional and trustworthy group of people we have ever worked with. After having been given the runaround by another mortgage company for over a month, we finally reached out to Jeff and company and our only regret was that we didn’t call on them first! Thanks for the time taken to answer the MANY questions we had and keeping us on track for closing after our first ordeal with the other company. You cannot go wrong with JTS & Co.
Calvin & Sharon Hicks
I can never thank the JTS team for all that they did for our family!! Michelle and Jessica worked tirelessly to get our loan to closing!! I will send all my friends to you all for their home purchase dreams!
Aja Trenise White
Our Products
No matter your situation, JTS & Co. has a solution.
HOME BUYING
We have a streamlined application and approval process, faster closing, and flexibility to make your dreams of homeownership a reality.
REFINANCING
Access the equity in your home, get a lower interest rate, to eliminate Mortgage Insurance or switch from an adjustable-rate to a fixed-rate loan. If you’re looking to refinance, let’s determine your eligibility and get you moving towards a new mortgage.
DONT LET A PREVIOUS DENIAL DETER YOU!
Have you been denied a loan in the past? Not sure if you’d qualify for a mortgage? Don’t be discouraged. Simply contact us today, so we can get started on finding the best solution to meet your financing needs!
Reverse Mortgages
This is a loan available to homeowners who are 62 years or older. Instead of making monthly mortgage payments to a lender, the lender makes payments to the borrower, which is drawn from the homeowner’s equity.
jumbo
A jumbo loan makes high-end home purchases possible, as it’s a mortgage that exceeds the conforming limits set forth by the Federal
Housing Financing Agency. On a jumbo loan, you can purchase a higher-priced home with a great rate. Most lenders have stopped offering this type of loan. However, we are one of the few originators that still provide it to qualifying luxury home buyers.
Housing Financing Agency. On a jumbo loan, you can purchase a higher-priced home with a great rate. Most lenders have stopped offering this type of loan. However, we are one of the few originators that still provide it to qualifying luxury home buyers.
JTS & Co. is Quick and Easy.
We know that you don’t always want to talk to someone to get a rate quote and costs.
Without speaking to aggressive salespeople
Without filling out complicated forms
Prequalify Two Ways:
Speak With One Of Our Highly Trained Specialists
We’ve created an incredible, fast, and streamlined mortgage process.
Or Online
Online resource for a stress-free process, incredibly low rates, and amazing service.
Call Us:
662-329-9090
We’ve Helped Thousands of Customers Become Happy Homeowners
PRE-QUALIFY FOR YOUR LOAN IN A COUPLE MINUTES
One-On-One Consulting
Transparency in the Loan Process
JTS & Co. Mortgage Minute Videos
Latest expert insights into the current housing market and more.
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Debt to Income Ratio
Good morning, I’m Jeff Farnham.
HG: Housing Market Updates
1. Mortgage delinquencies hit a record low in March according to first look report on mortgage performance released by Black Knight
2. More interesting is that in non-seasonally adjusted terms, delinquencies dropped by 15.5%
3. significantly faster than the historical that's been just over 10% for the past 20 years.
4. What's with the big change in performance?
5. Black Knight credits several factors:
6. an exceptionally strong labor market
7. continued student loan deferrals
8. strong performance following forbearances
9. record low interest rates for those who refinanced in the past 2 years
10. Also interesting was the fact that loan prepayments actually increased in March.
11. This was a surprise because interest rates are typically the primary driver of prepayment activity.
12. When rates are at longer term highs, refinance demand grinds to a halt and prepayment speeds plummet.
13. While that has been true in the past few months, March bucked the trend in part due to seasonal increases in home sales.
14. Unsurprisingly, foreclosure starts and foreclosure inventory are both elevated in recent months following the lifting of the foreclosure moratorium.
15. This contributed to a slight year-over-year increase in active foreclosures for the first time in 10 years.
16. That said, foreclosure starts fell 3% from last month and are holding well below pre-pandemic levels.
17. Foreclosure inventory is also well below pre-pandemic levels despite rising slightly in March.
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HGDebt to Income
18. If you watch this segment often you have heard us mention debt to income ratio often
19. Or if you have been looking around for a mortgage you have probably run into the term.
20. This can be a confusing term for someone with limited knowledge when it comes to finance
21. and why is it so important anyway?
22. When you apply for a major loan, like a home loan, your debt-to-income ratio can have a significant impact on whether you are approved for your loan.
23. Therefore, knowing what your debt-to-income ratio is, is essential if you plan to take on a mortgage.
24. Simply a debt-to-income ratio is a metric that measures an individual’s gross monthly income against their total monthly reoccurring obligations.
25. What your DTI ratio ultimately represents is the percentage of your monthly income that is used to pay off your outstanding debts.
26. Typically, we use this ratio to determine whether or not you are able to take on additional debt and assess the likelihood that you will be able to repay the loan.
27. A low DTI ratio indicates that you have been able to manage a healthy balance between debt and income
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HG: Pre-Qualification
28. The easiest way to find out what your debt ratio is to give us a call.
29. Through our pre-qualification process we will calculate this ratio and help you understand your unique scenario.
30. Getting pre-qualified takes much of the stress out of the home buying process.
31. Having this information before you start looking at houses makes you a more informed and confident buyer.
***Ending***
HG: Call 662.329.9090 to connect with us today
32. If you’re looking to purchase a home, refinance to lower your rate or reduce the term,
33. consolidate debt or renovate your existing home we are experts at matching you with the mortgage that best meets your needs.
34. We look forward to speaking with you this year and helping you achieve your goals
HG: Visit www.jts-co.com Today
35. At JTS & Co., we are Home Loan Advisors located right here in your community.
36. We want to be YOUR Lifetime Mortgage Advisor.
37. You can visit our website to get prequalified today or give us a call.
HG: JTS & Co. is Local. Trusted. Experienced.
38. We are local, trusted, and experienced.
39. Thank you for joining me today and be sure to tune in next week. -
Nurses!
Good morning, I’m Jeff Farnham.
HG: Housing Market Updates
1. Mortgage rates hits their highest level since 2009 last week amid the fastest spike since the early 1980’s.
2. The Fed as anticipated did in fact raise its policy rate by 0.5%,
3. But its important to understand this has nothing to do with the average mortgage rate
4. The mortgage market adjusted for this probability long ago
5. Mortgage rates are based on longer-term bonds
6. Whereas the Fed funds rate dictates loans that last less than a day.
7. Sometimes overnight rates and long-term rates correlate
8. But their performance varies so much over time that it makes no sense to infer any impact on mortgages from changes in the Fed Funds rate.
9. Of more consequence will be the manner in which the Fed implements its balance sheet normalization plans.
10. This simply means the Fed will soon be buying fewer bonds.
11. This bond buying has a far more direct effect on mortgage rates.
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HGThankful for our Nurses
14. As we celebrate Nurses week the team at JTS & Co. says thank you for all you do!
15. Nurses perform some of the most difficult and sometimes heartbreaking jobs in the medical community.
16. Whether its handling emergencies in the ER, delivering babies, or comforting a loved one,
17. Nurses truly are in many cases the first and last contact for most patients.
18. You guys are highly specialized professionals with a wide range of skills
19. And to think the modern nurse all began with the efforts of Florence Nightengale during the Crimean war.
20. Thank you to all our nurses you are truly appreciated, and I am thankful for your dedication to your mission and to the vital role you play in our healthcare system.
21.
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HG: Assisting Nurses with the Homebuying Process
22. In light of the great work that Nurses do.
23. It is our privilege to assist you in the home buying or refinancing process.
24. At JTS & Co. we understand the flexibility that is needed to assist you with your busy nursing schedule.
25. We are proud to assist our nursing core with our Nurse Next Door loan program
26. The loan program was designed to increase home ownership among nurses and other healthcare workers, support community development and increase access to affordable housing.
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HG: Call 662.329.9090 to connect with us today
27. If you’re looking to purchase a home, refinance to lower your rate or reduce the term,
28. consolidate debt or renovate your existing home we are experts at matching you with the mortgage that best meets your needs.
29. We look forward to speaking with you this year and helping you achieve your goals
HG: Visit www.jts-co.com Today
30. At JTS & Co., we are Home Loan Advisors located right here in your community.
31. We want to be YOUR Lifetime Mortgage Advisor.
32. You can visit our website to get prequalified today or give us a call.
HG: JTS & Co. is Local. Trusted. Experienced.
33. We are local, trusted, and experienced.
34. Thank you for joining me today and be sure to tune in next week. -
Getting Prequalified