Based on quarterly 98% or better third party customer satisfaction survey data
Originally from the North side of Indianapolis, I'm a graduate of Indiana University and have been proud to call Bloomington home for 20 years. Since 1997, I have been helping clients from a wide variety of backgrounds make their homeownership dream a reality. Purchasing a home can be a complicated, daunting process but it doesn't necessarily have to be. I've found that by really taking the time to educate my clients and by answering all of their questions upfront, it takes the anxiety and stress out of buying. Let me break down all of your options and give you an honest, transparent view of your situation. I specialize in new home purchases, 5% down new construction, FHA, USDA, VA, Jumbo loans, MCC tax credit and many other home loan products.
I take great pride and satisfaction in treating each customer like family as I always take the time to listen to your individual needs and to tailor fit the right program that best suites you. I'm firm in my belief that it's all about treating people right and about taking care of the their specific needs. As a result of this approach and personalized service, referrals make up a large part of my business.
My overall background consists of more than 18 years of financial services experience; 14 as a Mortgage Loan Officer and 4 years a Series 7 licensed Financial Representative. Before joining Ruoff Home Mortgage, I worked as a Loan Officer for Old National Bank while in the past, I was privileged to work for both Charles Schwab & Co. and The Vanguard Group. While working in the investment markets I gained valuable financial experience that has allowed me to help my clients more easily navigate through the complicated and volatile mortgage interest rate environment.
My wife Anita and I have one daughter, Lillian. We enjoy spending time with family/friends, IU sports, going to the YMCA and volunteering for various causes around Bloomington.
My customer service philosophy is to treat every customer with respect and to make their experience as stress free as possible. I believe that the purchase of a new home is a major decision and should be treated as such. I strive to make this decision as easy as possible for each client by being honest and trustworthy along with communicating frequently all while offering them sound and reliable advice.
I believe that Ruoff is a great choice for all of your lending needs because we are a locally owned company that has everything that you need. We offer a very wide variety of lending programs through FHA, VA, USDA, and conventional lending. We also keep everything in house, once you begin the loan process your file will be processed and underwritten by a Ruoff employee, this saves you from added headaches and stress but most importantly saves you time and money. Call me today if I can help you purchase your dream home or refinance your existing loan to save you money!!
Confirm your home financing options ahead of schedule
What to Expect
Understanding your home finance options puts you in the driver's seat when you are negotiating your home purchase. Getting a no obligation Ruoff Step Ahead pre-approval letter tells all parties involved that you are a qualified borrower. Because your Ruoff Step Ahead pre-approval letter confirms that your documentation has been reviewed by a Ruoff Home Mortgage underwriter, sellers and agents will both know the transaction will close on time! Get in touch with a Ruoff Home Loan Adviser or simply click on the link above and apply online today. It is fast and easy and you will soon know why Ruoff is a great name to know when you need a mortgage.
Loans That End in "A"
Whether you are looking to make your first purchase or refinance, you may be able to enjoy the benefits of a FHA, VA, or USDA loan.
Take Advantage of a Government-Insured Loan That Is Always a Safe Bet in an Ever-Changing World
FHA loans have been helping people become homeowners since 1934. The Federal Housing Administration (FHA) insures the loan, so Ruoff Home Mortgage can offer you a better deal. It is because of that insurance that FHA loans can offer attractive interest rates and with less stringent and more flexible qualification requirements. FHA loans may be used to purchase or refinance a new or existing 1-4 unit family home or condominium unit.
Highlights of the FHA Loan
Down payment of just 3.5%. That money can come from a family member, employer or charitable organization as a gift. Other loan programs do not typically allow this. Low credit score requirement and flexible qualifying guidelines. No income limit on borrowers. 15 or 30-year term with competitive rates. Non-occupant co-borrowers can be used to help qualify.
FHA Eligibility Criteria
Must occupy the property as your primary residence. Maximum loan amount limits that vary by region/city. A borrower is limited to one FHA loan at a time. Must meet the minimum credit score requirement. Must have sufficient income to qualify.
The FHA 203(k) Program
Interested in purchasing a foreclosed property, but don't have the extra cash needed for necessary repairs? The FHA 203(k) loan product is the perfect solution. The FHA 203(k) is a special loan product for borrowers who need extra cash to make repairs to their homes. The chief advantage of this type of loan is that the loan amount is not based on the current appraised value of the home, but on the projected value after the repairs are completed. A "streamlined" 203(k) allows you to finance up to $35,000 in nonstructural repairs, such as painting and replacing cabinets or fixtures. The 203(k) loan can be used to repair a home you're planning to purchase or to make upgrades to your current home.
For more information on FHA mortgage insurance and other FHA loan programs:
By Proudly Serving Your Country, You've Earned the Benefit of a VA Loan
VA loans provide fixed, competitive rates with 15 or 30-year terms. Qualification is easier, even if you have had some credit blemishes in your past. Unlike other loans, you can refinance up to 100% of the value of your home or purchase with no down payment, and there's never a monthly insurance (PMI) charge with VA loan.
Are you a veteran, member of the military, or a surviving spouse of a veteran? Do you want fast approval and minimal red tape? Are you Interested in a fixed-rate mortgage? A yes answer to all three of the above questions suggests that a VA Loan might very well be the right loan for you. Contact a Ruoff Home Mortgage advisor today and discuss the advantages of this exclusive loan product.
VA Loan Highlights
Purchase with no money down. Refinance up to 100% of your primary home's value. The Seller can pay 100% of the closing costs on a purchase. VA Streamline Refinance with a reduced funding fee and flexible documentation requirements - available for veterans currently in VA loans. No monthly PMI (Private Mortgage Insurance). VA loans are governed by the U.S. Department of Veterans Affairs.
Eligibility Criteria for VA Loans
Must occupy the property as your primary residence. Must be eligible for a new mortgage with VA. Must meet minimum credit score requirement. Must have sufficient income to qualify.
A Great Way to Buy a Home in a Small Community or Rural Area
Are you ready to own a home but are not sure you will qualify due to lack of a down-payment? Rural Development may be able to help you! USDA Rural Development has partnered with Ruoff Home mortgage to help extend 100% financing opportunities to individuals and families.
Highlights of the USDA Rural Development Authority Loan
No Down payment is required. Flexible credit score and qualifying guidelines. No maximum purchase price limit. Closing costs can come from any source including gifts. Repairs and improvements can be included in the loan. 30-year term with competitive rates. No monthly mortgage insurance - you may qualify for a larger loan.
USDA Eligibility Criteria
Must occupy the property as your primary residence. Do not own another home within 50 miles. Have an adjusted household income that is within Rural Development guidelines based on the number of persons who will occupy the home. Purchase a residential property that is located in a Rural Development eligible area.
The Rural Development guaranteed loan program has assisted thousands of customers just like you. Tell your Ruoff Home Mortgage Advisor you want the USDA Rural Development Guaranteed Housing Loan. Assistance options, such as gift funds, grants, seller concessions are allowed and you do not have to be a first-time homebuyer.
One time Close, New Construction Program
Our One-Time Closing Construction Loan program combines your construction financing and permanent financing.
One-Time Close Construction Loan Program
If you are ready to start building the home of your dreams, Ruoff Home Mortgage has the perfect construction loan program, allowing you to lock your interest rate before you even break ground.
Our One-Time Closing Construction Loan program combines your construction financing and permanent financing, utilizing a one-time approval and closing process prior to the beginning of construction.
To protect you from market shifts during the construction phase, your interest rate is locked at application. However, you will be given the opportunity to review and possibly lower your interest rate if the market has improved by the time your home is complete.
You can also take comfort in knowing that our in-house New Construction Department works closely with area builders and has a simple draw procedure to ensure that your project budget remains on track as your dream home becomes reality. We also offer the flexibility of a six-month or nine-month construction loan term with interest-only payments during the construction period.
Let Ruoff Home Mortgage help construct the perfect financing option for your new home.
Interest rate locked before ground-breaking
Float down interest rate available when house in complete
FInance options on both purchase of the land and new home construction
Down payments as low as 5%
One approval process and one set of closing costs
6- or 9-month loan term (interest-only payments during construction period)
Fixed rate permanent financing terms from 10 to 30 years.
Loan amounts up to $417k.
Whether you’re a first-time homebuyer or a seasoned veteran of the housing market, IHCDA has a mortgage product to meet your needs.
Your dream home is waiting!
Ruoff Home Mortgage works with the Indiana Housing and Community Development Authority (IHCDA) to provide you a variety of homebuyer incentives.
Whether you’re a first-time homebuyer or a seasoned veteran of the housing market, MSHDA has a mortgage product to meet your needs.
Helping to Own Program offers a 3.5% down payment assistance grant.
Mortgage Credit Certificate Program provides housing assistance by issuing a federal tax credit to first time homebuyers and other qualyfing borrowers.
Next Home Program offers down payment assistance for those who are not first time homebuyers.
Next Home with Mortgage Credit Certificate Program provides down payment assistance as well as a federal tax credit to first time homebuyers.
Affordable Home Program funds FHA loans for first time homebuyers
My Home Program funds loans with conventional financing for those who are not first time homebuyers.
My Home with Mortgage Credit Certificate Program funds loans with conventional financing and provides a federal tax benefit for first time homebuyers
With over 30 years of experience, Ruoff Home Mortgage makes the process of securing a mortgage simple and straightforward – with no hidden costs and no surprises.
Let me use my experience to help you find the loan program that best meets your needs.
We just wanted to say thank you so very much for all of the hard work and help you gave our family. Buying this home was the best decision we ever made and you were with us every step of the way. Thank you from the bottom of our hearts!!
We had a great experience with Jason and we would highly recommend him. He was very attentive and helpful with the lending experience. Thank you Jason!!
Jason Sumner was Very reliable and every easy to work with! Jason made the mortgage process easier than I could ever imagine! Jason is very detailed and great at explaining everything! Very prompt and super great at his job!
Jason is a very knowledgeable and efficient lender. He helped me get pre-approval in one day so I was able to make an offer over a holiday weekend. He is also very flexible and did all of my documentation and services over the phone and email.
I would highly recommend Jason Sumner and the team of professionals at Ruoff Mortgage. I felt welcome and comfortable the moment I walked into Ruoff's office.
We have worked with Jason on multiple occasions at this point and will continue to work with him b/c of his amazing service, attention to detail, kind demeanor, knowledge of the industry, and ability to keep things calm and relaxed.
Jason was very helpful and took the time to explain how everything would work and what was needed to get my loan. He kept me updated and told me what stages I was in. And he showed up at the closing. Very polite and respectful as well as professional.
I could not have imagined working with a mortgage broker as talented as Jason. He is kind, understanding and generous. Not to mention extremely talented with numbers!! Without hesitation he is the only residential mortgage broker I refer my friends to.
Jason was very knowledgeable and efficient in our refinancing process. I have referred business to him and will continue to do so. He has been able to get unbelievable rates and make the process pain free.
When shopping for a mortgage for a home purchase, Jason Sumner and Ruoff Home Mortgage stood out from the small group that we considered. He found a way to get us into the right mortgage with the best possible rate.
Jason was extremely personable and easy to work with. His knowledge about the process was very helpful and he had a great way of explaining things in a way that made sense. Because of Jason the entire process of purchasing home was as stress-free as possible.
Chris and J.
Jason was very helpful during the whole process of buying a home. We were prequalified, went over all of the details and got the letter quickly. Jason helped with all the follow up and came to closing to make sure there were no glitches.
We had a great experience while working with Jason! I have already recommended him to my friends and family. He was quick to respond from day 1. He was always polite, helpful and a pleasure to speak with. He made the entire process as simple as possible.
Jason was recommended to me by my realtor and I am so glad he was! He was very helpful during the entire process. He gave me a clear list of items he would need from me and walked me through any additional items that the underwriter needed.
In a hurry?
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