CUSTOM HOME TOUR

Sunday, April 10, 2011

JIMMY JACOBS CUSTOM HOMES AND THE YELLOW RIBBON PROGRAM

Welcome to Shady Oaks Estates and Your New Custom Home

Shady Oaks Estates is located just 30 minutes from the Fort Hood Army Base in Killeen, Texas. With the community so close to Fort Hood military personnel and their families often visit the Jimmy Jacobs model home at 501 Oak Branch Drive, nestled just off 195 in North Georgetown. While talking about the home they would love to have I found out that many of these young men and women have been deployed 3 to 6 times so far. They do their job with great pride and do not ask much in return. All it seems they want is a nice home, in a great community, with good schools and the opportunity to relax and retire here in Georgetown, Texas.

For many years now the government has helped military personnel, active or retired, with the Veterans Administration (VA) Loan. Most of them qualify for 100% financing up to $417,000 and a very low interest rate. This is a great benefit for many of our veterans and active duty military. It allows them to purchase a completed home or a resale home with little to no down payment. However, when building a new custom home you must qualify for a “construction loan”. The standard construction loan down payment most lenders, mortgage companies, and banks require is 10% down. Time and time again I have seen the disappointment when for various reasons these families did not have 10% to put down on a $300,000-$400,000 custom home in Shady Oaks Estates.

I just knew there had to be a way to “give back” to our military friends and family that have given so much for us. Together with one of our preferred lenders, Tammy Bray, Vice President of Schwertner State Bank in nearby Jarrell, we devised a plan. Now in Shady Oaks Estates, Jimmy Jacobs Custom Homes will build a home for 5% down when you qualify for a 100% VA loan.

Please visit the model home at 501 Oak Branch Drive and take advantage of this incredible program.

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