The Jagoe Homes team is here to answer your questions. Plus, FBC Mortgage lenders will guide you every step of the way, from pre-approval to finding the mortgage that’s right for you.
In this section you’ll find basic questions and answers every first-time home buyer needs to know. If you have other questions or concerns, feel free to chat, call, text, or email us.
The Basics
How much house can I afford?
There are a variety of factors that affect how much you can afford. Some of these factors include income, credit history, the size of the down payment, as well as employment and residence histories. Keep in mind, you could qualify for a home loan much higher than you can comfortably afford, so borrow cautiously. Ask questions. Use tools, such as FBC’s Mortgage Calculator, to get simple advice on how much you can afford to pay for your new Jagoe Home.
What are the up-front costs when I buy a new Jagoe Home?
It’s important to remember your being able to afford a new home involves more than just the amount you borrow. Be sure to consider the up-front costs of buying a home as well as the ongoing costs of home ownership.
Some of the costs associated with buying a home before you start making regular mortgage payments include:
- Mortgage application fees
- Earnest money
- Down payment
- Mortgage points
- Closing costs
Is it better to buy or to rent?
While owning a new Jagoe Home is usually more affordable than renting, everyone has their own unique situation to consider. There are many factors to consider, and our New Home Consultants are here to help you identify what is best for you.
What are the different types of mortgage loans?
There are many mortgage loan options available to you, and understanding your choices is an important part of making the best decision for your personal situation. FBC Mortgage is a leader in the home mortgage industry, and hundreds of Jagoe Home buyers have said they would recommend FBC Mortgage in the future.
What is a mortgage APR?
Annual Percentage Rate (APR) is the amount of interest on your total loan amount you will pay annually (averaged over the full term of the loan). A lower APR translates to lower monthly payments. (You’ll see APR alongside interest rates in today’s mortgage rates.)
What is the Difference Between Pre-qualification and Pre-approval?
Both pre-qualification and pre-approval show you are a serious buyer. One gets you started on the process, and the other makes it official.
How much down payment should I plan on a new home?
A down payment demonstrates your commitment to buy. In addition, a larger down payment can help you secure a better interest rate, which means you’ll have lower monthly mortgage payments.
What documents will I to apply for a mortgage loan?
To apply for a mortgage loan, you’ll need documents that prove how much you earn, where you have lived, monthly debts and account balances.
How do I make an offer on a home?
Making an offer on a house is a formal process. It can be very helpful to have a competent, experienced real estate agent working with you.
What takes place at the mortgage closing?
The closing is the last step in the home-buying process. This is when all the parties get together to finalize the transaction by exchanging signatures, checks, and ultimately the keys to the home.
Buying a home doesn’t need to be overwhelming!
Visit our Home Loan Learning Center and get details you need.
5 STEPS To Owning Your New Jagoe Home
In order to own a new Jagoe Home, you just need to start the process. The goal is to get you in your dream home as soon as possible and to keep you updated on progress through each stage. With our easy five steps to owning your new Jagoe Home, you will be sure to know the answers to all your questions. You will never be alone during this process – our top-notch Online Sales Consultants will guide you through your online research and our equally impressive New Home Sales Consultants will make sure you get everything you want.
Loan Pre-Approval
Loan Pre-Approval
Our preferred lending partner, FBC Mortgage, will guide you through the financial process, from pre-approval to finding the mortgage that’s right for you. And since every buyer is unique, the experts at FBC can help you select the best loan option to fit your budget, while securing a low interest rate.
This is a big purchase and we want You to be in control. Find more information on financing and owning your new Jagoe Home in our Home Loan Learning Center.
Select A Home Plan
Select A Home Plan
Once you’ve selected which Jagoe Homes’ Community you want to call home, check out all the floorplan choices. You’ll appreciate the flexibility many of the floorplans offer, including the number of bedrooms and bathrooms you can choose from, as well as the distinctly varied facades, plus options such as fireplaces, luxury baths, gourmet kitchens and extended garages.
Choose from one of Jagoe’s many communities in Evansville, Huntingburg, and Newburgh in Indiana, and Henderson, Owensboro, Bowling Green, and Louisville in Kentucky. You can also build on your own land!
Pre-Construction
Pre-Construction
We will walk you through every step of our construction process and answer any questions you may have. We know how important building your new home is to you—and we want to prove how important your trust is to us.
Building Process
Building Process
Our construction process is first-rate. From excavation and foundation, to the framing, plumbing, electrical, interior detail, and all the way through to the final quality inspections, Jagoe Homes is noted for making the entire experience as pleasant, efficient, and stress-free as possible for the buyer.
Move In
Move In
Your home closing takes place, the landscaping is installed, and the sod is laid. You’ve officially completed the steps to own your new Jagoe Home!
For peace of mind even after you’ve moved in, your new Jagoe Home is backed by our 2-10 Home Buyer’s Warranty.
SCHEDULE A TOUR
We’d love the opportunity to take you on a tour of one or more of our beautifully finished Jagoe Model Homes. We’ll contact you to work with your schedule. Our team looks forward to meeting you!