Dreaming of a new home?

We’re here to help you live the life you want. That’s why we offer a wide variety of mortgage options, including fixed, adjustable and jumbo mortgages. Jovia can make that dream home happen.

In addition to low mortgage rates, we even offer no-closing cost options and more! And, we can walk you through the process to make it all easier. We’ll provide the information and support you need including local underwriting and servicing.

Not ready to apply? Get pre-qualified

Benefits of borrowing from Jovia

Easy Application

Our mobile-friendly application makes the pre-approval and mortgage application process a can take less than 15 minutes! Apply, upload documents, keep track of the process or chat with one of our local mortgage advisors to get answers to your questions. Why wait when you can make that dream home yours?

Lower Costs

Jovia’s closing costs are low compared to other financial institutions on Long Island. And, with our no-closing cost options^ , you can avoid some of the usual costs altogether.

Smaller Down Payments

Buying a home is a big step, and even with a mortgage, you still have to come up with a lot of cash for closing...all while trying to cover the other costs of home buying like boxes and new furnishings! That’s why we allow homebuyers to put as little as 3% down on loans with our low down payment options. And with Jovia’s First-Time Homebuyers Program, affording your home can be even easier!

Reverse Mortgage Options∆

A reverse mortgage works by allowing homeowners age 62 and older to borrow from their home's equity without having to make monthly mortgage payments. The borrower may choose to take funds in a lump sum, line of credit or via structured monthly payments.

Rates & Terms




Monthly Payment4

7/1 Adjustable 2.500% 2.774% $593.00
10/1 Adjustable 2.500% 2.783% $593.00
15 Year Fixed 2.000% 2.149% $965.00
30 Year Fixed 2.625% 2.707% $602.00
30 Year Jumbo 2.625% 2.639% $3,615.00
Questions? We have answers!
If I apply, where will the mortgage closing take place?

All mortgage loans will be scheduled to close in our attorney’s office in Mineola or at our Commack branch in Suffolk County.

If you need to close in another location, please have your attorney contact our attorney’s office to coordinate the location. Please note, our attorney may charge a travel fee for any loan that closes outside of these two offices.

How much will my monthly mortgage payment be based on the loan program I choose?

You can determine your monthly payments by using this useful mortgage calculator.

Does the credit union offer modifications on first mortgages?

Yes, we do offer modifications on first mortgages. For more information, please visit your local branch to set up an appointment with a mortgage loan officer or give us a call at (516) 561-0030 ext. 2850

How much would it cost to refinance my first mortgage?

We're here to help you determine the best way to help you save money on your mortgage. To get an accurate quote and learn more about refinancing options please contact us at (516) 561-0030 ext. 2850 or request a quote online.

What is your mortgage rate lock policy?

We offer a variety of lock options which include different lock periods, rate buy-downs and lender credits. Deciding what works best for you depends on various factors (e.g. When are you closing? Do you need money for your closing costs?)

Your loan officer will walk you through the process and help you decide which option is best for you.


Get to know the homebuying process

Buying a house is an exciting step, but it also has many steps that can make the journey home feel a lot longer than it should be. That’s why we’ve created this series of articles - to help you navigate the home buying process like a real estate pro.

^ Jovia Financial does not charge closing costs on the no-closing cost option. Member is still responsible for certain mortgage settlement costs. Contact the Credit Union for further information.

3 APR = Annual Percentage Rate. All loan types, rates, and terms are based on an applicant's credit history and are subject to change without notice. Not all applicants may be approved. Ask for details.

4 Monthly payment for non-jumbo mortgages is calculated per $150,000 borrowed. Monthly payment for 30 Year Jumbo Mortgage is calculated per $900,000 borrowed.

Mortgage Loan Originators at Jovia Financial and their unique identifier numbers (NMLS ID#) can be found here.

NMLS ID#: 543667 .

∆ Jovia Financial is not the lender for any reverse mortgage product offered. Jovia Financial has a contractual agreement with third party provider to make this product available to its members for properties in New York and Florida only. By requesting this service, you are consenting that your information will be shared with a third party licensed mortgage banker/lender. Borrowers still responsible for payment of real estate taxes and insurance.

* Offer available for new and existing Jovia members from October 1, 2020 through December 31, 2021. All loans are subject to credit approval. Refinances not eligible. Members will receive gift cards electronically at email address provided 30 days after closing. Gift card is limited to one per loan application while supplies last. Loan must close by March 31, 2022 to be eligible. Existing loan applications submitted prior to the promotional period do not qualify. The Home Depot is a registered trademark of Homer TLC, Inc. Membership eligibility requirements apply. Rates subject to change without notice. All promotional offers can be withdrawn at any time and are subject to change without notice. Employees, volunteers, and affiliates of Jovia and their immediate families are not eligible. Jovia and its agencies assume no responsibility or liability for damages, losses or injury resulting from acceptance or use of any gift. Existing accounts and submitted applications do not qualify for promotional offers.