Bringing People Home Since 2004
Jet Direct Mortgage is a licensed direct lender, not a broker, which means we control the lending process from application to closing. That translates into faster approvals, fewer fees, and a smoother experience for you.
We serve homebuyers and homeowners across New York, New Jersey, Florida, Connecticut, and 20+ additional states. Our experienced loan officers deliver personalized guidance, competitive rates, and the service our clients have counted on for over 20 years.
“From humble beginnings to where we stand today, our journey has been defined by unwavering dedication, relentless innovation, and a steadfast commitment to our customers & core values.” Mike Spano, Founder
Honesty
Transparent pricing and clear communication throughout your loan process, with no surprises at the closing table.
Unmatched Service
From initial inquiry to closing day, our loan officers are available day and night to answer your questions.
Expertise
Decades of mortgage experience across purchase loans, refinancing, Non-QM programs, and reverse mortgages.
Peace of Mind
We handle the complexity so you can focus on what matters: finding and settling into your new home.
Loan Programs
Choose the Scenario That Best Describes Your Goals
Whether you’re buying your first home, upgrading, investing, self-employed, or looking to lower your monthly payment, Jet Direct Mortgage has a home loan designed for your situation. Find the scenario that sounds like you.
Home Loans for Purchase
Buying a home? Compare conventional, FHA, VA, jumbo, renovation, and reverse mortgage purchase options from a licensed direct lender.
Conventional Loans
I have great credit and I have a substantial amount of cash saved for a down payment.
A conventional loan is a mortgage that isn’t backed by a government agency. Qualified buyers can put as little as 3% down, and with 20% down there’s no private mortgage insurance (PMI). Choose fixed or adjustable rates with terms from 10 to 30 years.
Learn MoreFHA Loan
My credit score isn’t great and I do not have cash for a large down payment.
FHA loans are insured by the Federal Housing Administration, which makes them easier to qualify for. Borrowers with a credit score of 580 or higher can buy with just 3.5% down, and gift funds can go toward your down payment and closing costs.
Learn MoreRenovation Loan
We would like to purchase a home that will need some renovations or repairs.
An FHA 203(k) renovation loan lets you finance the purchase price and the cost of repairs or upgrades in a single mortgage, with one closing and one monthly payment. It’s a smart way to buy a fixer-upper and build equity from day one.
Learn MoreReverse Mortgage
We’re senior citizens that would like to turn the equity we have in our home into cash.
A HECM reverse mortgage lets homeowners age 62 and older convert home equity into a lump sum, monthly income, or a line of credit, with no required monthly mortgage payments.* You keep ownership of your home, and HECM for Purchase lets you buy a new one.
Learn MoreJumbo Loan
I would like to purchase a high value home that exceeds the conventional loan limits.
A jumbo loan finances a home priced above the conforming loan limits set each year by the FHFA. Jet Direct offers fixed and adjustable jumbo options with competitive rates for luxury and high-value properties in New York and beyond.
Learn MoreVA Loans
I am an active service member, a military veteran, or a surviving spouse of a veteran.
VA loans are guaranteed by the U.S. Department of Veterans Affairs. Eligible borrowers can buy a home with 0% down, pay no monthly mortgage insurance, and often get lower rates than conventional financing.
Learn MoreSelf-Employed & Investor Loans (Non-QM)
Don’t fit the traditional W-2 box? Our Non-QM programs qualify business owners, freelancers, and real estate investors using bank statements, a P&L, or rental income instead of tax returns.
Bank Statement Loans
I’m self-employed and my tax returns don’t reflect my true income, plus I write off a lot for my business.
Bank statement loans qualify self-employed borrowers using 12 to 24 months of personal or business bank deposits instead of tax returns, so your business write-offs don’t reduce the income you can use to qualify.
Learn MoreDSCR Loans
We want to qualify based on our property’s income, not our personal income, and traditional loans are slowing us down.
A DSCR (debt service coverage ratio) loan qualifies real estate investors based on a property’s rental income compared with its mortgage payment. No personal income verification, W-2s, or tax returns are required, making it easier to grow a rental portfolio.
Learn MoreP&L Only Loans
I’m self-employed and don’t want to use my bank statements. My income is strong, but my documentation is complicated.
P&L only loans let business owners qualify for a mortgage using a CPA-prepared profit and loss statement, with no tax returns or bank statements required. It’s a simpler path for strong earners whose paperwork is complex.
Learn MoreHome Loans for Refinancing
Refinancing can lower your rate, shorten your term, remove mortgage insurance, or put cash in your pocket. Choose the refinance option that fits your current loan and your goal.
Conventional Refinance
I want to refinance my existing conventional loan, or convert my FHA loan into a conventional loan.
Lower your rate, change your term, remove PMI, or take cash out. Moving from an FHA loan to a conventional loan can also eliminate FHA mortgage insurance once you have enough equity.
Learn MoreFHA Refinance
I want to refinance the terms of my existing FHA loan into a new FHA loan using an FHA Streamline Refinance.
If you already have an FHA loan, an FHA Streamline Refinance can lower your rate with reduced paperwork, often with no new appraisal and no income verification required.
Learn MoreHECM Refinance
I want to refinance my existing reverse mortgage, or convert my existing loan into a reverse mortgage.
Refinance an existing reverse mortgage to access more equity as your home’s value rises, or replace a traditional mortgage with a HECM to eliminate your monthly mortgage payment.* Available to homeowners 62 and older.
Learn MoreVA IRRRL
I would like to refinance my existing VA loan into a VA Interest Rate Reduction Refinance Loan.
The VA IRRRL is the fastest way for veterans to lower the rate on an existing VA loan, typically with no appraisal, minimal paperwork, and closing costs that can be rolled into the new loan.
Learn More*Reverse mortgage borrowers must continue to pay property taxes and homeowner’s insurance and maintain the home. Subject to HUD guidelines.
How to Get Your Mortgage with Jet Direct
We’ve streamlined the home loan process so you can go from application to closing with confidence and clarity, often in as little as 30 days.
Apply Online or Call Us
Complete our secure online application in minutes or speak directly with a licensed loan officer at 1-800-700-4JET.
Get Pre-Approved
We review your application, pull credit, and issue a pre-approval letter, often within 24 hours, so you can shop with confidence.
Choose Your Loan
Your loan officer presents the best options for your situation, explains the terms clearly, and locks your rate.
Processing & Underwriting
We handle documentation, order the appraisal, and work through underwriting, keeping you updated every step of the way.
Close & Move In
Sign your closing documents, get your keys, and officially become a homeowner. We’ll be here for your next loan too.
A Loan Program for Every Situation
No two borrowers are the same. Jet Direct Mortgage offers lending solutions for a wide range of financial situations and life circumstances.
First-Time Home Buyers
Buying for the first time? We’ll walk you through every step and identify down payment assistance programs available in your area.
Self-Employed Borrowers
Traditional W-2 loans don’t always fit. Our bank statement, P&L, and Non-QM programs are built for entrepreneurs and contractors.
Military Veterans & Active Duty
We honor your service with VA loans featuring 0% down and no PMI, plus the VA IRRRL for refinancing.
Real Estate Investors
Scale your rental portfolio with DSCR loans that qualify based on property cash flow, not your personal income or tax returns.
Seniors 62+
Access your home equity through an FHA-insured HECM reverse mortgage and eliminate your monthly mortgage payment in retirement.*
Non-U.S. Citizens
Our ITIN home loan program allows non-citizens with an Individual Taxpayer Identification Number to purchase a home in the United States.
Fixer-Upper Buyers
Purchase a home that needs work and finance the renovations in a single loan with an FHA 203(k) renovation loan.
Luxury Home Buyers
Buying a high-value property above conforming limits? Our jumbo loan programs offer competitive rates for premium real estate.
What Our Clients Are Saying
Our greatest achievement is hearing from the families we’ve helped get home. Read some of their stories below.
They always have the best rates, lowest fees and are always available to answer your questions. I won’t let my family or friends buy a home without consulting them.
From initial phone call to my mortgage closing was less than 45 days! The staff was amazing. Such an easy process. They got me a great low rate and cash in my pocket.
As first-time homebuyers, Patrice made everything feel simple and stress-free. She was incredibly knowledgeable, patient, and always one step ahead. We could not be more impressed.
She went into full mom mode and explained and explained until we knew what to expect. Everyone says buying a home is dreadful, but not here. When people love what they do, things are easy.
Thanks to Patrice, I was able to own my first home at 20 years old. She helped me close within 40 days. I’ve now referred her to 6 people and will continue to do so. I am a homeowner because of her.
Contract to closing in 35 days. We don’t know how she pulled it off. Our monthly mortgage was significantly less than estimated. Her knowledge and financial advice surpassed our expectations.
Mortgage Questions, Answered
Clear answers to the questions we hear most from homebuyers, refinancers, and first-time borrowers.
It depends on the loan type. FHA loans allow credit scores as low as 580 with a 3.5% down payment, or as low as 500 with 10% down. Conventional loans typically require a score of at least 620. VA loans have no official minimum score, though most lenders prefer 580+. Our loan officers can review your credit profile and identify the best loan for your situation.
Down payment requirements vary by loan type. VA loans require 0% down. FHA loans require as little as 3.5% down. Conventional loans can go as low as 3% for qualifying buyers. Jumbo loans typically require 10–20%. If saving for a down payment is a challenge, ask about down payment assistance programs available in your area.
A fixed-rate mortgage locks in your interest rate for the life of the loan, providing consistent monthly payments. An adjustable-rate mortgage (ARM) starts with a lower fixed rate for an initial period (typically 5, 7, or 10 years) and then adjusts periodically based on market conditions. ARMs can be advantageous if you plan to sell or refinance before the adjustment period begins.
Yes. Jet Direct Mortgage offers several Non-QM programs designed for self-employed borrowers. Bank Statement Loans use 12–24 months of personal or business bank deposits to verify income. P&L Only Loans require just a CPA-prepared profit and loss statement. Real estate investors can qualify with DSCR loans based on a property’s rental income. We find the path to homeownership regardless of how your income is structured.
A DSCR (debt service coverage ratio) loan is an investment property mortgage that qualifies you based on the property’s rental income rather than your personal income. The lender compares the property’s expected rent to its monthly mortgage payment, including taxes and insurance. Because no W-2s or tax returns are required, DSCR loans are popular with real estate investors building a rental portfolio.
Refinancing replaces your current mortgage with a new loan, often at a lower interest rate, better terms, or a different loan type. It makes sense when current rates are lower than your existing rate (typically by at least 0.5–1%), when you want to remove mortgage insurance (PMI), shorten your loan term, or access equity through a cash-out refinance. Our loan officers can run a breakeven analysis to determine if refinancing saves you money.
Both are simplified refinance programs for borrowers who already have a government-backed loan. An FHA Streamline Refinance lets current FHA borrowers lower their rate with reduced documentation and often no appraisal. A VA IRRRL (Interest Rate Reduction Refinance Loan) does the same for existing VA loans, typically with no appraisal and minimal paperwork. Both are among the fastest ways to lower your monthly payment.
A HECM (Home Equity Conversion Mortgage) is a federally insured reverse mortgage for homeowners aged 62 or older. It allows you to convert a portion of your home equity into cash, with no required monthly mortgage payments as long as you live in the home. You must continue to pay property taxes and homeowner’s insurance and maintain the property. The loan becomes due when you sell the home, permanently move out, or pass away.
Most purchase loans close within 30–45 days at Jet Direct Mortgage. Refinances typically take 20–40 days depending on the loan type and documentation requirements. FHA Streamline and VA IRRRL refinances are often among the fastest due to reduced documentation requirements. We’ve helped clients close in as few as 30 days from initial phone call to closing.
Jet Direct Mortgage is licensed to lend in 25+ states including New York, New Jersey, Connecticut, Florida, Pennsylvania, Maryland, Virginia, Georgia, California, Texas, and many more. We are headquartered in Bohemia, New York (Long Island) and licensed as a mortgage banker by the NYS Department of Financial Services (NMLS #3542). Visit our Licensing page or call us to confirm availability in your state.
