Based on quarterly 98% or better third party customer satisfaction survey data
As a representative for Ruoff Home Mortgage, I can assist you with all of of your home mortgage needs. Ruoff Home Mortgage offers a comprehensive selection of loan products to fit your needs. I will help you navigate through the mortgage loan process so that you can easily close on your home loan.
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, IHCDA 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.
Bryan & Cassidy R.
Jennifer was both professionally proactive and immediately responsive to our questions.
Working with Jennifer was as dream. She made our out of state mortgage very easy.
Very knowledgeable and handled every question with expertise. She is one of, if not the, best.
Michael Mays S.
The process was very smooth. My loan officer, Jennifer Schmitt, is excellent at what she does!
My Experience with Jennifer Schmitt was awesome. I will definitely be doing more business with her.
She was truly understanding and very patient with me since I am deaf and she worked so hard to make sure I had an interpreter and have my questions always answered ! She made sure to take care of everything I needed in a timely manner ! Thanks to her , I finally got a house I can own and raise my children in for a long time !
Jennifer was really great she will go out of her way for you. I highly recommended! Thanks again Jennifer!!!
Wow, Jennifer went way beyond the call of duty to get a closing in two weeks for us. She gets the job done efficiently.
Jennifer was awesome! We were able to close in a little over two weeks, right before we left the state for a week, thanks to Jennifer. She made it easy to know the exact information we needed to provide and when. She was very informational along the way, so we knew exactly what was going on.
One of the best out there! Service is Jen's top priority!
Jen was on top of everything and explained everything in detail. I never had to ask her to explain anything because she was very thorough the first time. What I love most about Jen is her honesty. It wasn’t about a sale, but about finding a home for my family!
Jennifer was great at letting us know everything we needed to get to her and by when. It made it easy when trying to gather up all my information.
Jennifer is great to work with! She explains everything so it all makes sense and seems less intimidating. Thank you, Jennifer for helping us with our second home!
Jason & Sara H.
Jennifer was great, during the process she was on vacation but she still took the time while out of town to keep in touch with me through email and make sure things were moving along as scheduled.
Joe & Mairin Q.
Jennifer simplified our first time home buying experience because she is always one step ahead of the game. She anticipates your questions before you even ask them, and gives you all the information you need up-front, but she also very kindly answers any other questions that remain, or that you need to ask again to fully understand. She truly makes sure you as the buyer are getting the best deal when it comes to your mortgage, even if it means more homework on her end. She's the best, and I highly recommend going to Jennifer for your mortgage needs!
Wow, she is efficient and gets the job done. We asked if closing could be done in two weeks. She delivered. We didn’t have any surprises, she clearly explained information she needed from us to get the job done.
Jennifer was very helpful! We were trying to rush our closing to finish before we left the state for a week, and because of Jennifer's help, we were able to complete the process in just over two weeks. She was very organized, making it easy to know exactly what information I needed to supply her and when.
Leah M., Red Bow Realty
Leah Mark, Red Bow Realty
Testimonials We love when everything works out for our clients, and to sell his home and buy his dream home was truly the best day of his life!! This dream would NOT have became reality if it wasn’t for his tireless Lender, the always impressive Jennifer Schmitt, who went above and beyond in every aspect for him! Late nights and lots of hours later, and it’s official!
Jennifer is THE BEST at what she does. As a Managing Broker I trust her implicitly and know that whenever she is the lender involved, the transaction will go as smoothly as possible! Buyers can sleep safe and sound knowing that if she approved them for the mortgage, they are good to go!! I recommend her to EVERYONE! If you are looking for a lender who will go above and beyond for you, the search ends here!!! Congrats! You get to work with the best of the best!