Your Local Mortgage Lender

Located in Defiance, Ohio

Personalized Mortgage Experience

Jodey Thomas offers personalized service and loan options you'll love. We shop multiple lenders to find the best rate and product for you, getting you into your dream home faster.

With wholesale interest rates and cutting-edge technology, we make the mortgage process seamless. Trust the experts who focus solely on mortgages. Support your local community and experience elite client service.

Let us help you achieve your homeownership dreams!

The Home Loan Process

Don't take my word for it

Mortgage Programs

Experience the best mortgage experience located in Defiance, Ohio.

Home Loan Options

Our experienced mortgage advisors will walk you through the best mortgage loan program that will fit your specific scenario.

Conventional Home Loans.

FHA Home Loans.

USDA Home Loans.

VA Home Loans.

Frequently Asked Questions

How often can I refinance my mortgage?

There is no limit to the number of times you can refinance. However, you must qualify every time you apply and there will be costs associated with closing the loan each time.

Can I buy a home if I do not have money for a down payment?

Yes! There are a number of bond programs that offer low or no down payment financing options.

How do I know which mortgage is right for me?

The key to choosing the right mortgage is to understand the range of options and features available to you, as well as your budget, circumstances, and goals. Our licensed mortgage professionals are here to help you navigate that process. The more you know, the more comfortable and confident you will be choosing the best option for you and your family.

How long will the loan process take?

The Truth in Lending Act (TILA) does not permit a lender to close a loan until at least seven (7) business days have passed from the date your application was received. A typical home loan takes 30 days, as a number of third-party services such as appraisals, title work, and credit are required in conjunction with the mortgage process. Once you familiarize your Loan Officer with the details of your specific loan scenario, they will be able to provide you with a more specific timeline.

Will I qualify for a home loan?

The only way to find out is to speak with a qualified mortgage professional. Our Loan Officers have helped numerous clients who didn’t know if they could qualify to become home owners. We take the time to understand your financial situation and long-term financial goals, and then match you with the loan program that best fits your needs. Your approval for a loan may also largely depend on the price of the home you are financing. Getting pre-qualified prior to beginning your home search can give you an idea of what you may be able to afford.

Why do people refinance their mortgages?

Homeowners typically refinance to save money, either by obtaining a lower interest rate or by reducing the term of their loan. Refinancing is also a way to convert an adjustable loan to a fixed loan or to consolidate debts.

How much money will I have to pay upfront to buy a home?

This question does not have a simple, one-size-fits-all answer. The exact amount will depend on the price of the home you buy as well the type of mortgage financing you choose. Depending on your loan program, your down payment could be as much as 20% of the home’s price or as little as 3%, while some loans require no down payment at all.

Can I get a mortgage after bankruptcy?

You may still qualify for a home loan even if you have experienced a bankruptcy. The best way to find out if you qualify is to talk with a Loan Officer to discuss your options. Be sure to bring all paperwork regarding your bankruptcy so your Loan Officer can find the program that best fits your situation.

Should I lock my interest rate now, or wait until we are closer to our closing?

Interest rates fluctuate all day, every day. If an interest rate is good, it may be in your best interest to lock now. If you wait, you run the risk of an increase in rates later. If you are concerned that rates may go down after you lock, contact your Loan Officer to discuss your options. Some programs allow you to lock for an extended period and choose to lower your rate should a better one become available.

Most Recent Blog Updates

Turn the Home You Have Into the Home You Have Always Wanted Without Moving or Draining Savings

Turn the Home You Have Into the Home You Have Always Wanted Without Moving or Draining Savings

May 18, 20263 min read

Turn the Home You Have Into the Home You Have Always Wanted Without Moving or Draining Savings

The Question Worth Asking Before You Start Looking for a New Home

Before you start scrolling listings and imagining the process of selling your current home and finding something better it is worth asking a question that a lot of homeowners never think to ask. What if the home you already own could become everything you want it to be without moving, without selling, and without depleting the savings you have worked to build?

For a meaningful number of homeowners that question has a very real and very accessible answer.

What a HELOC Makes Possible for Renovation

The equity you have built in your home over time is a financial resource that can be put to work directly toward improving the property you already own. A Home Equity Line of Credit gives you access to that equity quickly and efficiently and the funds can be directed toward exactly the renovation or improvement project that would make your current home everything you want it to be.

Kitchen renovation that changes how the home functions every single day. A primary suite that finally creates the private retreat you have been imagining. An outdoor living space that extends the usable square footage of the home and changes how the whole family experiences the property. Whatever the project is the equity sitting in your home can make it happen without requiring you to move, without requiring you to time the sale of your current property, and without requiring you to drain the liquid savings that provide financial security in other areas of your life.

And here is the part that makes the math particularly compelling. Renovation projects that add genuine value to the property increase what the home is worth at the same time. You are accessing equity to fund an improvement that builds more equity. The investment comes back to you in the form of a more valuable and more livable home.

How Fast and Simple This Actually Is

As Jodey Thomas explains the assumption that accessing home equity requires a lengthy and burdensome process is one of the primary reasons homeowners do not pursue this option even when it would clearly benefit them.

No hard credit pull is required just to find out what you qualify for. You get real numbers in front of you before you commit to anything and without any impact to your credit score. The application itself takes five minutes. Funding can happen in as little as five days.

That timeline means a renovation project that felt like something to plan for next year could realistically be underway within days of starting the conversation.

You Already Own the Home

The equity that makes this possible exists right now in the home you already own. You do not need to find a new property. You do not need to go through the process of selling and buying simultaneously. You do not need to accept a home that is almost what you want when the home you already have could become exactly what you want with the right investment applied in the right places.

Jodey Thomas helps homeowners find out how much equity they have access to and how to use it to make their current home everything they have been imagining. Send Jodey Thomas a message today to find out what your equity can do for the home you already love.


Sources

ConsumerFinancialProtectionBureau.gov Investopedia.com BankRate.com Forbes.com NationalAssociationofHomeBuilders.org

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Mortgage Calculator

See your total mortgage payments using the tool below.

16.67
%
%
years
$/year
%
$/year
$1,685.20
Your estimated monthly payment with PMI.
PMI:
$208.33
Monthly Tax Paid:
$200.00
Monthly Home Insurance:
$83.33
PMI End Date:
Dec 2027
Total PMI Payments:
27
Monthly Payment after PMI:
$1,476.87
🏠Mortgage Details
Loan Amount:
$250,000.00
Down Payment:
$50,000.00 (16.67%)
Total Interest Paid:
$179,673.77
Total PMI to :
$5,416.67
Total Tax Paid:
$72,000.00
Total Home Insurance:
$30,000.00
Total of 360 Payments:
$537,298.77
Loan pay-off date:
Sep 2055
⚖️Monthly Vs Bi-Weekly Payment
$1,476.87
Monthly Payment
Sep 2055
Pay-off Date
$179,673.77
Total Interest Paid
$738.44
Bi-weekly Payment
Aug 2051
Pay-off Date
$151,482.12
Total Interest Paid
Total Interest Savings: $28,191.64
Yearly Amortization Schedule
Year Interest Principal Balance
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(419) 966-5058

29754 Ayersville Pleasant Bend Road Defiance, Ohio 43512

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