FHA loans offer New York homebuyers an opportunity to purchase a house with minimal savings. With these offerings, prospective buyers need not worry about stressing over the often-challenging large down payments typically required for mortgage approval.
Why Jet Direct Mortgage?
Jet Direct is a local direct lender with a mission to set the highest standard in the mortgage industry. We are committed to quality customer service – putting the people we serve first. Our goal is to carefully guide you through the home loan process, so that you can confidently select the best mortgage for you and your family from the many mortgage options that are available today. After you select the loan that is best for you, we will work continuously on your behalf to help you achieve your dream of home ownership.
That’s our promise to you
What our customers say about Jet Direct!
Jennifer Baer
I have worked with Jet Direct Mortgage for many years (personally and professionally) as I am a realtor. They have gone above and beyond for me and my clients. I won’t let my family or friends buys a home without consulting them. They always have the best rates, lowest fees and are always available to answer your questions. 5 star rating!
Jennifer Baer
Michael Valderone
They were recommended to me by a co-worker who purchased her house a few months ago. I called them to see if it was worth refinancing my home. They got me a great low rate and a little cash in my pocket as well! The staff was amazing. Such an easy process- and fast. From initial phone call to my mortgage closing was less than 45 days! Give them a call if you are looking to refinance or buy a new home.
Michael Valderone
Elizabeth Munoz
It was a pleasure working with Jet Direct. All my questions were answered promptly. I will refer them to family and friends. Thank you to Jet Direct for making it a smooth process!
Elizabeth Munoz
Lake Grove, NY
So big shout out to this lovely woman right here without Enid me and my wife would have been lost.. we were buying our first home and we told her that she didn’t take advantage of us like most people would do but she went into like full mom mode … explained and explained until we knew what to expect…. everyone says buying a home is dreadful with paper work and the BS…. not here folks when u find people that love what they do its fascinating how easy things can be
Lake Grove, NY
Selden, NY
Enid was the best choice with handling my first time home purchase. Her knowledge, ability and expertise comes second to none. I was able to rely on Enid throughout the entire process. She went above and beyond to help me move the process along to closing. I’m not sure how I would have purchased my first home without her partnership, experience, and ability to get things done. Whenever anything went wrong during the process, I was able to count on her to make things right. She truly had my back and I am forever thankful for her guidance and dedication.
Lake Grove, NY
Islip, NY
Enid and her team made the process of buying a house easy and enjoyable. She was there to answer any questions we had at anytime of the day. Her support throughout the process did not go unrecognized. If you are looking to buy a house and would like to make the process as easy and stress free as possible, Enid and her team are the ones you can count on!
Islip, NY
Sound Beach, NY
Enid and her team worked fast and diligently to get us approved for our first mortgage. They were always available to answer questions and address our concerns. You can tell that Enid really cares and appreciates her customers, she goes above and beyond. I highly recommend Enid and the Jet Direct Mortgage team!
Sound Beach, NY
Holtsville, NY
Enid was fantastic from the second we made our first phone call. She took the time to walk us step-by-step throughout each piece of the application process, while carefully explaining what each section meant. Enid kept in contact regarding paper work that was needed on our end. She even brought bagels for us to our closing! All in all Enid Adinolfi is HIGHLY recommended for your mortgage needs. I already referred her to a co-worker.
Holtsville, NY
Farmingville, NY
My husband and I were referred by our selling agent to speak with Enid of Jet Direct Mortgage for financial advice, before moving forward in buying our first home. Enid went above and beyond, answering our countless questions, showing genuine concern regarding our limited time to move out of our rental – going from contract to closing in 35 days! We don’t know how she pulled it off, but our monthly mortgage was significantly and surprisingly less than estimated. Enid’s knowledge and financial advice surpassed our expectations. We highly recommend Enid and the staff at Jet Direct Mortgage.
Farmingville, NY
Merrick, NY
We worked with Enid to purchase our forever home — from our very first conversation, she was an absolute pleasure to work with. She was extremely warm, personable and knowledgeable. She followed up with us, checking in often and answering all of our questions day and night. Enid was truly incredible throughout the entire process, as both a loan originator and expert adviser. She was transparent and straightforward, helping us to understand the process beginning to end…we learned so much from her, and we really felt she was an advocate for us from the start, making the complete experience seamless and worry free!
Merrick, NY
Jessica Bogdanowich Collins
We recently purchased our first home and Patrice was our loan officer. She was an absolute pleasure to work with. She explained all of the steps thoroughly and kept us up to speed throughout the whole process. We would recommend her to anyway looking to purchase a home! She feels like family after this process.
Rafaello Carone
Thanks to the exceptionalism, diligence, intelligence, and experience of Patrice Flerx, I was able to own my first home at 20 years old. She made the process simplistic, informative, and as easy to comprehend as possible. She even helped me close within 40 days! For those who aren’t aware… that’s beyond quick. If I had questions, she was there. If I had questions about her answers lol, she was there. I’m so incredibly grateful for her and how she was there for me. To say I’m impressed and satisfied with the experience with Jet Direct would be an understatement. This is my first ever google review and I’m not one of the review types… trust me when I say she and Jet Direct are the best. I’ve now referred her to 6 people nationwide and will continue to refer her because I know they will have the best experience possible during what can be a very stressful process. I am a homeowner because of Patrice and I’m forever grateful to her and for the work of Jet Direct.” Awesome job, Patrice!
Kayla Arnold
Cannot say enough good things about our experience with Patrice Flerx and her team at Jet Direct Mortgage for helping us with our mortgage for our first home. From start to finish, she was extremely determined to get us the best rate, was incredibly helpful with all of our questions, and worked diligently with her team to expedite the process which gave us the ability close earlier than we expected. Buying a house can be a stressful process, but Patrice did everything in her power to help us every step of the way.
Lou McKenna
Patrice Flerx – The best in the business! Patrice is the very best at her job as a mortgage professional. She came recommended by a co-worker and I could not have been happier with the results. She answered every question I had and basically held my hand thru the entire mortgage process.. If I could, I would give her 10 stars, as she deserves it.
Tara: Miller Place
Enid is Extraordinary
She is extremely knowledgeable, I knew from the start that I had a trusted advisor. She provided valuable advice at all stages of the process, and answered all of my questions with actionable clarity and expertise. I had no doubt at any point that she was advising me on what she thought was in my best interest. I had a lot of confidence that I was making the right decisions after talking to her; she made an overwhelming process feel very doable. She is extremely proactive and responsive. Her execution was outstanding! She is a pleasure to work with; very approachable, polite & professional all at the same time. She is the number one reason why I would recommend JetDirect to anyone looking to buy a house in the future.
Jennifer Baer
Sandra Kochman
I highly recommend Patrice Flerx for all of your lending needs. She is an outstanding mortgage professional and trusted referral partner, known for their expertise, integrity, and commitment to helping clients find the best financing solutions. Her personalized approach and dedication to exceptional service make her a valuable asset to any collaboration.
Charles Cooper
When my wife and I were purchasing our home, Patrice Flerx guided us through our mortgage application every step of the way. Her program keeps you up to date with what documentation is required in what order, and she sends you documents that you are required to sign. You can check your progress and you know what to expect next. Patrice is always available to speak to should any questions arise. Very professional with personal attention.
Tim Moore
I recently worked with Patrice Flerx securing a mortgage for my new home, and I could not be more impressed with the experience. From the moment we first spoke, Patrice was incredibly knowledgeable, patient, and understanding of my unique financial situation. She took the time to explain every step of the process in clear terms, Answering my questions and providing in valuable advice along the way. Look no further then Patrice for your lending needs.
More about FHA Loans
How Do I Apply for an FHA Loan?
When considering an FHA loan, working with Jet Direct Mortgage to gain pre-approval will allow you to explore the amount of financing available for which you can be approved.
What is an FHA Loan?
Thanks to FHA loans, New York families can achieve their dream of homeownership without breaking the bank. These mortgage loans are insured by the Federal Housing Administration and provide an opportunity for low-income households to own a home even if they cannot afford a large down payment. With FHA loans, homeownership remains within reach for those who may have thought it was not possible.
Understanding the differences between FHA and conventional financing
With an FHA loan, you have the opportunity to purchase a home without sacrificing your financial security. These loans are tailored for those with modest credit histories and require significantly smaller down payments than conventional mortgages – freeing up more money in your pocket! Furthermore, they offer fixed interest rates over several decades by providing borrowers with terms ranging from 15-30 years.
FHA mortgages provide immense opportunities for home ownership and financial freedom, though certain criteria must be met prior to applying. You not only need a valid Social Security Number but also you should have attained legal age in the state where you are living. Additionally, your credit score should fall between 500-580 on the 300-850 scale unless there has been bankruptcy within two years of application – then it’s essential that an appropriate reestablished rating is possessed when submitting paperwork.
To qualify for an FHA loan, you’ll need to prove your employment stability: Your current employer must be the same one from at least two years ago. Additionally, all other monthly debt payments should not exceed 50% of total income for approval consideration.
Finally, prerequisites include verifying your residence meets construction standards through a standard appraisal assessment process before approval can be granted.
Unlock the Potential of Home Ownership with an FHA Loan. Before taking this important step, here are some things to be aware of in order to ensure a successful experience!
Securing a loan can be a difficult process, and sometimes additional security is needed to ensure smooth payment processing. FHA loans are protected by Mortgage Insurance Premiums (MIP) that help protect lenders in case of any defaults on repayment schedules. The amount of MIP typically varies based on the size of the loan, its duration as well as downpayment percentage provided at time closing off the mortgage agreement.
Once you have financed the purchase of a home, you are not allowed to apply for a second FHA loan to finance the purchase of a new home. In addition, the buyer should move into the house within 60 days of closing the purchase and should occupy the property for a minimum of one year.
New York FHA Loan Limits by County
County
County
1-Family
2-Family
3-Family
4-Family
Median Sale Price
Code
ALBANY
1
$472,030
$604,400
$730,525
$907,900
$350,000
ALLEGANY
3
$472,030
$604,400
$730,525
$907,900
$83,000
BRONX
5
$1,089,300
$1,394,775
$1,685,850
$2,095,200
$1,010,000
BROOME
7
$472,030
$604,400
$730,525
$907,900
$139,000
CATTARAUGUS
9
$472,030
$604,400
$730,525
$907,900
$97,000
CAYUGA
11
$472,030
$604,400
$730,525
$907,900
$159,000
CHAUTAUQUA
13
$472,030
$604,400
$730,525
$907,900
$121,000
CHEMUNG
15
$472,030
$604,400
$730,525
$907,900
$128,000
CHENANGO
17
$472,030
$604,400
$730,525
$907,900
$99,000
CLINTON
19
$472,030
$604,400
$730,525
$907,900
$150,000
COLUMBIA
21
$472,030
$604,400
$730,525
$907,900
$296,000
CORTLAND
23
$472,030
$604,400
$730,525
$907,900
$155,000
DELAWARE
25
$472,030
$604,400
$730,525
$907,900
$150,000
DUTCHESS
27
$472,030
$604,400
$730,525
$907,900
$370,000
ERIE
29
$472,030
$604,400
$730,525
$907,900
$219,000
ESSEX
31
$472,030
$604,400
$730,525
$907,900
$172,000
FRANKLIN
33
$472,030
$604,400
$730,525
$907,900
$110,000
FULTON
35
$472,030
$604,400
$730,525
$907,900
$140,000
GENESEE
37
$472,030
$604,400
$730,525
$907,900
$159,000
GREENE
39
$472,030
$604,400
$730,525
$907,900
$250,000
HAMILTON
41
$472,030
$604,400
$730,525
$907,900
$165,000
HERKIMER
43
$472,030
$604,400
$730,525
$907,900
$127,000
JEFFERSON
45
$472,030
$604,400
$730,525
$907,900
$171,000
KINGS
47
$1,089,300
$1,394,775
$1,685,850
$2,095,200
$1,010,000
LEWIS
49
$472,030
$604,400
$730,525
$907,900
$100,000
LIVINGSTON
51
$472,030
$604,400
$730,525
$907,900
$220,000
MADISON
53
$472,030
$604,400
$730,525
$907,900
$181,000
MONROE
55
$472,030
$604,400
$730,525
$907,900
$220,000
MONTGOMERY
57
$472,030
$604,400
$730,525
$907,900
$149,000
NASSAU
59
$1,089,300
$1,394,775
$1,685,850
$2,095,200
$1,010,000
NEW YORK
61
$1,089,300
$1,394,775
$1,685,850
$2,095,200
$1,010,000
NIAGARA
63
$472,030
$604,400
$730,525
$907,900
$219,000
ONEIDA
65
$472,030
$604,400
$730,525
$907,900
$127,000
ONONDAGA
67
$472,030
$604,400
$730,525
$907,900
$181,000
ONTARIO
69
$472,030
$604,400
$730,525
$907,900
$220,000
ORANGE
71
$472,030
$604,400
$730,525
$907,900
$370,000
ORLEANS
73
$472,030
$604,400
$730,525
$907,900
$220,000
OSWEGO
75
$472,030
$604,400
$730,525
$907,900
$181,000
OTSEGO
77
$472,030
$604,400
$730,525
$907,900
$154,000
PUTNAM
79
$1,089,300
$1,394,775
$1,685,850
$2,095,200
$1,010,000
QUEENS
81
$1,089,300
$1,394,775
$1,685,850
$2,095,200
$1,010,000
RENSSELAER
83
$472,030
$604,400
$730,525
$907,900
$350,000
RICHMOND
85
$1,089,300
$1,394,775
$1,685,850
$2,095,200
$1,010,000
ROCKLAND
87
$1,089,300
$1,394,775
$1,685,850
$2,095,200
$1,010,000
SARATOGA
91
$472,030
$604,400
$730,525
$907,900
$350,000
SCHENECTADY
93
$472,030
$604,400
$730,525
$907,900
$350,000
SCHOHARIE
95
$472,030
$604,400
$730,525
$907,900
$350,000
SCHUYLER
97
$472,030
$604,400
$730,525
$907,900
$160,000
SENECA
99
$472,030
$604,400
$730,525
$907,900
$136,000
ST. LAWRENCE
89
$472,030
$604,400
$730,525
$907,900
$95,000
Steps to Secure an FHA Loan
At Jet Direct Mortgage, we strive to provide the highest quality of customer service and make your dream of home ownership a reality. Our experienced team are on hand to guide you through the mortgage process from start to finish – helping you select the best option for your individual needs, so that owning a home is both achievable and enjoyable!
Are you looking for a loan that won’t put too much pressure on your credit score? A low down payment option and lenient income requirements could be just what the doctor ordered. Jet Direct Mortgage gives you an easy way to check out FHA loans online, so explore today!
TIP: If your credit score is not ideal, you may need to focus on rebuilding it before beginning the home shopping process. To make sure you are set up for success, speak to one of our FHA loans specialists today.