Jacksonville Affordble Mortgages fully processes and underwrites first & second mortgage loan
applications. Addtionally, JAM processes, underwrites and closes home improvement loans. JAM
refinances first mortgages, provides credit and budget counseling for those in foreclosure and
provides down payment assistance for second mortgages. JAM has a program that assists borrowers who
are in the process of being foreclosed due to predatory lenders. It is also providing financing for
the new homes the Housing Partnership (parent company) is building in Jacksonville's Pine Forest
Community. JAM is a Florida licensed mortgage broker business and mortgage lender. In December 2002
Jacksonville Affordable Mortgages became a CDFI. The Community Development Financial Fund provides
an infusion of capital to organizatons who serve distressed communities and low-income individuals.
The fund leverages private sector investments form banks, foundations and other sources. JAM is
capitalized with investments from local lenders and NeighborWorks America.