I’m Here To Help You
With more than twenty years of experience in the mortgage industry, I’m committed to providing top-notch customer service while making your dreams of owning a house come true. From conventional and FHA loans to VA approvals, renovation construction projects, or even utilizing equity from an existing residence, you are covered every step of the way! Every one of my clients receives personalized service from an expert team at TEGFCU, who are always on hand throughout the lending process. I’ll be with you every step of the way; my goal is your satisfaction.
Career Highlights
- 9+ years of mortgage experience in the Hudson Valley
- 5+ five-star reviews on Google
- 25+ five-star reviews on Zillow
Contact Jessica
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Why Choose TEGFCU for Your Mortgage?
There’s no place like home. There’s no place like the Hudson Valley. And there’s no place like TEGFCU for your mortgage. We know that everyone’s needs are different when it comes to home financing. So, whether you are looking to purchase a primary residence, second home, or investment property or refinance to a lower rate, we will go the extra mile to find the best possible financing solution that is right for you.
We’re proud to be local, member-owned, and not-for-profit. When you buy your dream home, you can feel confident you’re getting a competitive interest rate from us. We believe that making a mortgage affordable means not surprising you with extra closing costs like some other lenders. Compare our closing cost to theirs.
Discover the TEG Difference – our friendly, knowledgeable people. Our Mortgage Officers are here to answer any questions and help you through every step of what can be an intimidating process. We want you to enjoy the experience of finding the perfect home. Buy with confidence today and have peace of mind knowing that your loan will close quickly and easily.
Conventional Mortgage & Refinance Rates
| Mortgage Type | Rate | APR | Points |
|---|---|---|---|
| 30 Year Fixed | 6.500% | 6.652% | 1.000% |
| 20 Year Fixed | 6.500% | 6.700% | 1.000% |
| 15 Year Fixed | 6.250% | 6.478% | 0.875% |
APR = Annual Percentage Rate. Rates effective as of 12/20/2024. All loans are subject to approval. APR assumes a $300,000 loan amount with escrows a FICO score of 760 or higher for a loan for an owner-occupied (primary residence), single-family dwelling in New York State with a loan-to-value ratio of 75% or less, and no cash-out.
For example, a 30-year, $300,000 conforming mortgage with a fixed APR of 6.652% has an approximate payment amount of $1,896.20. Real estate taxes, insurance, and private mortgage insurance (if applicable) are not included; therefore, the actual payment obligation will be greater. Your rate may vary based on your creditworthiness, loan amount, purpose, property type, occupancy, LTV, lock period, and other credit characteristics.
All rates and terms are subject to change without notice. No rate is guaranteed without a valid rate lock. A point is equal to 1% of the loan amount’s balance. Private mortgage insurance (PMI) is required on mortgages that exceed 75% loan-to-value (LTV). When refinancing, the maximum loan-to-value is 80% if you take cash out. Contact a TEG Mortgage Officer for further details. Other terms and conditions may apply.
Adjustable-Rate Mortgage (ARM) Rates
| Mortgage Type | Rate | APR | Points | First Cap | Subsequent Cap | Lifetime Cap |
|---|---|---|---|---|---|---|
| 5/6 SOFR ARM | 6.875% | 6.626% | 1.000% | +/- 2.00% | +/- 1.00% | +/- 5.00% |
| 7/6 SOFR ARM | 6.125% | 6.636% | 1.000% | +/- 5.00% | +/- 1.00% | +/- 5.00% |
APR = Annual Percentage Rate. Rates effective as of 12/20/2024. All loans are subject to approval. APR assumes a $300,000 loan amount with a FICO score of 760 or higher for a loan for an owner-occupied (primary residence), single-family dwelling in New York State with a loan-to-value ratio of 75% or less. Rates on 5/6 ARMs are fixed for the first five years and subsequently subject to change bi-annually. Rates on 7/6 ARMS are fixed for the first seven years and subsequently subject to change bi-annually.
For example, a 5/6 ARM at a fixed initial interest APR of 6.626 would initially be $2,175.21 or a 7/6 ARM at a fixed initial interest APR of 6.636%, would initially be $1,822.83. Real estate taxes, insurance, and private mortgage insurance (if applicable) are not included; therefore, the actual payment obligation will be greater. After the initial fixed term, rates will adjust based on the index, Secured Overnight Financing Rate (SOFR), and a margin, not to exceed the initial, subsequent or lifetime change cap. Your rate may vary based on your creditworthiness, loan amount, purpose, LTV, lock period, and other credit characteristics.
All rates and terms are subject to change without notice. No rate is guaranteed without a valid rate lock. A point is equal to 1% of the loan amount’s balance. Private mortgage insurance (PMI) is required on mortgages that exceed 80% loan-to-value (LTV). Contact a TEG Mortgage Officer for further details. Other terms and conditions may apply.
Jessica was so helpful in our process from start to finish. Super responsive to all the questions and concerns that we had along the way.
Very knowledgeable and highly responsive. Something that you’ll want when you’re buying a home!
We would highly recommend working with Jessica Schoen. She was highly attentive to our needs, worked through the process with us step by step and had our loan approved expeditiously. We will be calling on her again for our refinance!
Jessica and her team is knowledgeable, accessible, helpful, and represents a competitive product – what more do you want!
Jessica is such a pleasure to work with! She is knowledgeable and efficient! Thank you for making this process enjoyable!
Mortgage Resources
First-Time Home Buyer Webinar
First Wednesday of Every Month at 5:30 PM. Attend virtually and receive $500 OFF closing costs!
2nd Look Program
Pre-approved by another lender? TEG would like the opportunity to provide you with our own pre-approval decision so that you can compare, and to thank you for taking a second look we will give you $100.
Download our Free Guide
Get “The Comprehensive Guide to Finding, Buying and Financing a Home”. Learn how to get started and discover everything you need to know to help you buy a place you love – with a payment you can afford.
Mortgage FAQs
Have questions? We have answers.
We Do Business in Accordance with Federal Fair Lending Laws – Fair Housing Poster.
Home Mortgage Disclosure Act Notice – The HMDA data about our residential mortgage lending are available for review. The data show: Geographic distribution of loans and applications Ethnicity, race, sex, and income of applicants and borrowers Information about loan approvals and denials. HMDA data for many other financial institutions are also available online. For more information, visit the Consumer Financial Protection Bureau’s website.
