Jim

Loan programs may change at any time with or without notice. Information deemed reliable but not guaranteed. All loans subject to income verification, credit approval and property appraisal. Not a commitment to lend. Atlantic Bay Mortgage Group, L.L.C. NMLS #72043 (nmlsconsumeraccess.org) is an Equal Housing Lender. Located at 600 Lynnhaven Parkway Suite 203 Virginia Beach, VA 23452.

A little more about me.

Tell me your situation and what you want to do, and then I will present all the options to you so you can make an intelligent decision.

Jim Elfelt has helped thousands of borrowers over the last three decades. Ranking high in client surveys, Jim is now closing loans for the children of his early clients. While knowledgeable in all mortgage loans, VA loans are a major part of his business.

Jim Elfelt started his career in the mortgage/real estate industry in 1983 and joined Atlantic Bay in 2009. He says, “Since I have been with Atlantic Bay, everyone who has ever come to me for a home loan has gotten one. If you deserve to get a home loan, you will get it here. That’s what I like best about Atlantic Bay. If it is reasonable and makes sense to do it, we’ll do it. If I handle my part, Atlantic Bay will handle their part. It’s amazing to me.”

Jim has seen many changes over the years. He says, “Programs are changing all the time and mortgage bankers have to understand the new concepts. We keep very close tabs on the compliance requirements to make sure we meet them.” He adds, “There are so many little things to navigate. If you are legitimately looking out for someone’s best interest, I think it comes through. Clients realize that I have their best interest in mind.” Ninety-five percent of Jim’s clients are repeat customers, a testimony to the credo instilled by his Midwestern father, “Treat people like you want to be treated and you’ll be fine.”

10 things people don’t know about Jim:

  1. Was born in the Norfolk Naval Hospital
  2. Attended four different high schools
  3. Hitchhiked around the perimeter of the United States in 1983
  4. Didn’t get married until he was 40
  5. Has three boys
  6. Likes spending his free time with his family
  7. Enjoys beekeeping and built a bee hive
  8. Jim helped developed the Virginia Housing Development Authority Homeownership Class, a VHDA requirement for borrowers
  9. A five-year old girl recently gave Jim a dime and a penny as thanks for getting her family into their new home
  10. Used to have pets —Trying to resist the gentle persuasion of his family to get a new pet

Jim Elfelt has helped thousands of borrowers over the last three decades. Ranking high in client surveys, Jim is now closing loans for the children of his early clients. While knowledgeable in all mortgage loans, VA loans are a major part of his business.

Jim Elfelt started his career in the mortgage/real estate industry in 1983 and joined Atlantic Bay in 2009. He says, “Since I have been with Atlantic Bay, everyone who has ever come to me for a home loan has gotten one. If you deserve to get a home loan, you will get it here. That’s what I like best about Atlantic Bay. If it is reasonable and makes sense to do it, we’ll do it. If I handle my part, Atlantic Bay will handle their part. It’s amazing to me.”

Jim has seen many changes over the years. He says, “Programs are changing all the time and mortgage bankers have to understand the new concepts. We keep very close tabs on the compliance requirements to make sure we meet them.” He adds, “There are so many little things to navigate. If you are legitimately looking out for someone’s best interest, I think it comes through. Clients realize that I have their best interest in mind.” Ninety-five percent of Jim’s clients are repeat customers, a testimony to the credo instilled by his Midwestern father, “Treat people like you want to be treated and you’ll be fine.”

10 things people don’t know about Jim:

  1. Was born in the Norfolk Naval Hospital
  2. Attended four different high schools
  3. Hitchhiked around the perimeter of the United States in 1983
  4. Didn’t get married until he was 40
  5. Has three boys
  6. Likes spending his free time with his family
  7. Enjoys beekeeping and built a bee hive
  8. Jim helped developed the Virginia Housing Development Authority Homeownership Class, a VHDA requirement for borrowers
  9. A five-year old girl recently gave Jim a dime and a penny as thanks for getting her family into their new home
  10. Used to have pets —Trying to resist the gentle persuasion of his family to get a new pet

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*This calculator is made available to you as an informational tool. All examples are hypothetical and are for illustrative purposes only. Any amount calculated is an estimate only. The actual amount may be higher or lower depending on individual scenarios, credit scores and market conditions. Atlantic Bay Mortgage Group does not guarantee the applicability of the above terms in regards to your individual circumstances. This information is not intended to replace the advice of a tax or financial professional.
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*This calculator is made available to you as an informational tool. All examples are hypothetical and are for illustrative purposes only. Any amount calculated is an estimate only. The actual amount may be higher or lower depending on individual scenarios, credit scores and market conditions. Atlantic Bay Mortgage Group does not guarantee the applicability of the above terms in regards to your individual circumstances. This information is not intended to replace the advice of a tax or financial professional.