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Jacksonville Affordable Mortgages

4401 Emerson Street
Jacksonville, FL 32207

Contact: Gail Remsen,
Phone: 904-398-4424, ext. 2

Jacksonville Affordble Mortgages fully processes and underwrites first & second mortgage loan applications. Addtionally, JAM processes, underwrites and closes home improvement loans. JAM refinances first mortgages, provides credit and budget counseling for those in foreclosure and provides down payment assistance for second mortgages. JAM has a program that assists borrowers who are in the process of being foreclosed due to predatory lenders. It is also providing financing for the new homes the Housing Partnership (parent company) is building in Jacksonville's Pine Forest Community. JAM is a Florida licensed mortgage broker business and mortgage lender. In December 2002 Jacksonville Affordable Mortgages became a CDFI. The Community Development Financial Fund provides an infusion of capital to organizatons who serve distressed communities and low-income individuals. The fund leverages private sector investments form banks, foundations and other sources. JAM is capitalized with investments from local lenders and NeighborWorks America.

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