After an impressive career of mortgage bond trading on Wall Street and 10 years of originating and managing mortgage origination teams in Dallas, Jaye Hohman knew it was time to take the next step in his career.

Over the last decade, Hohman witnessed many mortgage companies focusing more on profit and not on delivering the best possible options to consumers.

“I have this understanding of how mortgages work and how prepayments work, and I'm using that to apply it to our clients, so that they can be in a better financial position,” Hohman said. “In the last 10 years since I've been originating, I've seen some pretty egregious mortgages that have been sold by people that I've worked with and people that I've managed that have put borrowers in a terrible position.”

This year, Hohman opened Hohman Finance to better serve borrowers and to help these clients grow their wealth. The business specializes in residential mortgages and commercial real estate investments and financing.

“I believe in a fiduciary responsibility to know your customer and make recommendations to your customer that are suitable for them and the situation they are in,” Hohman said.

A unique aspect of Hohman Finance is the holistic approach to each borrower’s financial situation. Hohman draws on financial management concepts he learned while selling mortgage investments to institutional investors.

“One of the most important things is to make sure your mortgage is working to your advantage,” Hohman said. “What makes us different is that we understand the finer details and how to put more favorable terms together for the borrower. Every mortgage has a different way of being put together.”

These strategies include: understanding how much you can afford; understanding when to invest in real estate; mitigating interest rate risk; choosing optionality correctly; better management of your assets and liabilities; maximizing your loan’s potential; and proper use of mortgage leverage.

With their strategies, Hohman Finance is better able to offer more financially sound options to their clients.

Ready to start your mortgage journey? Stop by Hohman Finance at 5 Cowboys Way, Frisco, meet them on Zoom, call 972-214-9564, email them at [email protected] or visit the website.

The above story was produced by Community Impact's Senior Multi Platform Journalist Sierra Rozen with information solely provided by the local business as part of its "sponsored content" purchase through our advertising team.