FREQUENTLY ASKED QUESTIONS

Is JCBank right for you?

Whether you’re purchasing or refinancing, we’re certain you’ll find our service extraordinary! If you’ll be purchasing but haven’t found the perfect home yet, complete our application and we’ll issue an approval for a mortgage loan now with no obligation!

 

Can I apply for a loan before I find a property to purchase?

Yes, applying for a mortgage loan before you find a home may be the best thing you could do! If you apply for your mortgage now, we’ll issue an approval subject to you finding the perfect home. We’ll issue a pre-qualification letter after a short evaluation of your request. You can use the pre-qualification letter to assure real estate brokers and sellers that you are a qualified buyer. Having a pre-qualification for a mortgage may give more weight to any offer to purchase that you make.

When you find the perfect home, you’ll simply call your loan officer to complete your application. You’ll have an opportunity to lock in our great rates and fees then and we’ll complete the processing of your request.

 

What is the maximum percentage of my home’s value that I can borrow?

The maximum percentage of your home’s value that you can borrow depends on the purpose of your loan, how you use the property, and the loan type you choose. The best way to determine what loan amount we can offer is to complete our online application!

 

Does JCBank provide financing for manufactured homes?

We define manufactured housing as housing units that are factory built with a steel undercarriage that remains as a structural component and limits the structure to a single story. These types of manufactured homes are sometimes known as mobile homes. We do not consider other factory-built housing (not built on a permanent chassis), such as modular, prefabricated, panelized, or sectional housing, to be manufactured housing. If your home is one of these types, please complete the application indicating that your home is a single family home. If your home is a manufactured home, the following requirements must be met:

• A manufactured home is any dwelling built on a permanent chassis and attached to a permanent foundation system.

• Be a one-family dwelling that is legally classified as real property.

• The towing hitch, wheels, and axles must have been removed and the home must be permanently attached to a foundation system that meets state and local codes as well as the manufacturer’s requirements.

• Foundation system must be appropriate for the soil conditions for the site and meet local and state codes.

• The land on which the manufactured home is situated must be owned by you. We do not provide financing for manufactured homes located on rented or leased land.

• Must have been built in compliance with the Federal Manufactured Home Construction and Safety Standards that were established June 15, 1976. Generally, compliance with these standards will be evidenced by the presence of a HUD Data Plate that is affixed near the main electrical panel of the home or in another readily accessible and visible location.

• Must be at least double-width, 24 feet wide, and have a minimum 600 square feet of gross living area. Must be acceptable to typical purchasers in the market area.

 

How do I lock my rate?

Contact a lender who can assist you with all of your rate lock options.

 

I’m nervous about providing personal data online. Is this site secure?

Information About Our Site Security

We use leading-edge technology to ensure that all customer information is 100% safe. We protect our customers by using a combination of security measures that are among the best in the e-commerce industry.

 

Encryption

All customer information is encrypted using Secured Socket Layer (SSL) technology supported with digital certificates. This means that your loan application information is safe and secure as it travels over the internet.

 

Firewall Security

We use leading firewall and network security technology to protect our internal computer systems from unauthorized access. Our customers can be confident that their personal information is completely safe and private after they apply.