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Meet JCI

Home loans by JCI is an independent Mortgage brokerage that is owned and operated by Jeffrey Cervantes-Ibarra. After several years of working for a broker as a top producing loan officer, Jeffrey made the tough decision to leave the company to venture off on his own and hasn’t looked back since. 

Before his introduction to the lending industry his itch for Real Estate began at the age of 19 after attending a seminar where he learned how to wholesale real estate and eventually went on to become a licensed Realtor. 

These days Jeffrey is solely focused on not just becoming your go to Mortgage broker, but doing all he can to deliver an unmatched experience that is nothing short of excellence from start to finish.  

Perfection is not attainable, but if we chase perfection we can catch excellence.

Vince Lombardi

Home Loans by JCI is a full service residential Mortgage broker based in Austin, TX – Serving the needs of homebuyers, and homeowners throughout Central Texas. Whether you’re self employed, a first time buyer, Veteran, or seasoned investor; you’ll be sure to find that we offer the best and most competitive loan options available. 

Conventional loans are a good option if you have a higher credit score and stable employment history. Interest rates for conventional loans are usually some of the lowest.

  • Down payments as low as 3%
  • Credit scores as low as 620 may be accepted
  • Popular choice for purchase & refinance
  • Easier to get rid of PMI than any other loan type
  • Straightforward mortgage
  • Offers fixed and adjustable rates, in 10-30 year terms

FHA loans offer flexible financial and credit requirements, easy financing options, and down payment assistance programs for eligible borrowers. 

  • Down payments as low as 3.5%
  • Credit scores as low as 580 may be accepted
  • FHA streamline refis don’t require an appraisal
  • FHA 203k can help provide additional funds before moving in if the home requires repairs or renovations
  • FHA-eligible down payment assistance programs allowed
  • Great for first-time home buyers
  • Government-backed mortgage loan that can allow you to buy a home with looser financial requirements

Guaranteed by the United States Department of Veterans Affairs, a VA loan can offer exclusive homeownership benefits for veterans, active-duty service members, and eligible surviving spouses.

  • 0% down payment
  • Credit scores as low as 580 may be accepted
  • No private mortgage insurance (PMI) required
  • Lowest interest rates available for qualifying borrowers
  • Current VA loans can be streamline refinanced with no appraisal

USDA home loans give low- to moderate-income households the opportunity to purchase a home in a designated rural area with no money down.

  • 0% down payment
  • Credit scores as low as 580 may be accepted
  • Available for rural properties only
  • Available for US citizens, non-citizen US nationals, and qualified permanent resident aliens
  • Guaranteed Loan Program for low- to moderate-income families/individuals

A jumbo loan is a mortgage used to finance properties that exceed the conventional conforming loan limits set by the Federal Housing Finance Agency (FHFA). In most counties the conforming loan limit for 2022 is $647,200. The limit is higher in areas where the median house cost exceeds this number. Homes that exceed the local conforming loan limit require a jumbo loan.

  • Credit scores as low as 660 may be accepted
  • Competitive interest rates
  • Can be used to purchase a home or refi your current loan
  • More borrowing power for high-cost homes
  • QM Jumbo Prime up to $3MM
  • Non-QM up to $10MM
  • Can be used for Primary Residence, Second Home and Investment properties
  • Renovation & Construction

A home equity loan allows you to tap into the equity in your home and use it as cash. Home Equity Loans go by a few common names such as “cash-out refinance” loans, “second mortgages” or even “debt consolidation” and in Texas they are also referred to as “Texas cash-outs” or a “Texas A(6)”. 

  • There are two main types of home equity loans: fixed-rate loans and home equity lines of credit (HELOCs)
  • Taking out a home equity loan can be much more cost-effective than using credit cards with high interest rates to make large purchases

  • You are limited to using 80% of the homes value
  • Closing costs are capped at 3% of the homes value
  • The money received from a home equity loan can be used for anything

DSCR loans (Debt Service Coverage Ratio) are great for purchasing investment properties. No-Ratio DSCR loans consider rental income and/or potential rental income of the property for qualification instead of your personal income. 

  • Suited for new and seasoned real estate investors
  • Designed for Investment Rental Properties
  • Both long-term and short-term rentals are eligible (Airbnb, VRBO, etc.)
  • Great alternative to private and hard money loans due to lower rates, fees and easy qualification
  • No income or job history verification required
  • Loan amounts up to $7.5MM
  • Unlimited cash out
  • Interest-only loan options available
  • Credit scores as low as 620 may be accepted

Bank statement mortgage programs are often a good option for self-employed individuals, business owners, realtors, consultants, and retirees who need an alternative income verification option.

  • Up to 90% LTV
  • Credit scores as low as 620 may be accepted
  • Allows you to qualify based on bank statements instead of tax returns

  • 12-24 Month Bank Statement Program w/ Personal or Business Bank Statements
  • Prime and Second Chance Programs
  • Loan Amounts Up To $2.5MM
  • Cash Out Up To $1MM
  • Interest Only and Fixed Terms Available

An asset-based loan, also known as an asset depletion loan, is one that uses assets as income. It allows borrowers to utilize the following assets to qualify: Checking, Savings and Money Market accounts, Personally Held Stocks, Bonds, Mutual Funds, and Vested Amount of Retirement/Tax Deferred accounts.

  • Qualified based on verified liquid assets
  • Six-Month Seasoning of all Assets is Required
  • Loan amounts up to $3 million
  • Minimum 620 credit score
  • No tax return or 4506T required
  • Interest Only available
  • As little as 20% down payment
  • Cash out allowed

The Foreign National Loan Program is also known as a Foreign national loan, or non-permanent resident alien loan. The program helps non-residents of the United States purchase real estate here in the US.

  • Includes primary residences and/or vacation properties
  • Can be used for investment property
  • Available to those who classify as resident aliens, achieve temporary status or permanent status
  • Borrower cannot reside in the United States
  • maximum LTV Is 70%

  • 12 months reserves are required

  • Loan amounts up to $1.5MM

An ITIN loan provides flexibility to borrowers without Social Security cards. Homebuyers with ITIN cards can qualify for a mortgage as long as they meet the eligibility requirements.
  • Loan amounts up to $2.5MM
  • One year seasoning for foreclosure, short sale or deed-in-lieu
  • Two years seasoning for bankruptcy
  • Primary home only
  • Up to 50% DTI
  • Non-warrantable condos allowed
  • One unit only
  • Purchase, cash-out or rate-term refinance

Recent credit events can make it challenging to secure a loan because many lenders view them as a red flag. We offer loan programs for borrowers with recent credit events including foreclosure, short sale, and bankruptcy.

  • Up To 85% LTV
  • 620 Minimum Credit Score
  • 50% DTI Max
  • Bankruptcy, Foreclosure And Short Sales (24 Month Seasoning/ No Seasoning at Lower LTV’s)
  • Gift Funds Are Acceptable
  • Need 3 Months PITI Post-Closing
  • Full Doc, 12-24 Month Bank Statement, 1099 Only Income Docs Allowed

Apply for a home loan or refinance from the comfort of your home.

Fast. Easy. Simple.



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