Old San Jose on the River, the riverfront community on San Jose Boulevard near Jacksonville’s historic San Marco neighborhood, announces that its riverfront condos have been conditionally approved by Fannie Mae (FNMA) to offer fixed-rate, 30-year mortgages at competitive rates for its remaining riverfront condominiums.

“With interest rates at historic lows, and jumbo loans and down payments as low as 20 percent, Old San Jose is without peers,” said Victoria (Vikki) Robbins of Victoria Robbins Realty, Inc., the company responsible for sales and marketing of the community. “The process that led to this conditional approval assures owners and new purchasers that the community is financially viable. FNMA approval will further accelerate the community’s pace of sales and offer home ownership to a wider group of buyers. ”

Old San Jose’s RiverHome condominium residences feature multiple floor plans and are housed in a five-story, 18-unit dwelling on the banks of the St. Johns River. All homes feature large, luxurious terraces overlooking the river, gas fireplaces with mantle and marble surround, spacious laundry rooms, walk-in closets and semi-private elevators with direct access to the residence. Gourmet kitchens are equipped with top of the line appliances including a Sub-Zero 36-inch over and under refrigerator freezer, Wolf gas cook top, built-in microwave and oven, Bosch dishwasher and Best exhaust hood. The homes also feature Jeldwen Casement windows and eight foot solid core doors. The spacious floor plans offer plenty of storage and flexible space to meet the needs of each individual home buyer.

Residents at Old San Jose enjoy the ultimate in understated luxury amenities. The Mediterranean-style amenities center features a fire pit, outdoor kitchen and swimming pool, along with a fitness center and clubhouse. The facilities also include private riverfront access via the community dock and meticulously maintained gardens.

Old San Jose on the River is located at 5000 San Jose Blvd. More information is available here.