Why it’s called Jubilee

Why it’s called Jubilee

Celebrating Homeownership and Solving Inequity

At Jubilee, the name is more than just a word – it embodies our core mission and values. We chose "Jubilee" for two key reasons: to celebrate the joy of homeownership and to reflect our commitment to solving long-term inequity in housing.

A Celebration of Homeownership

First and foremost, homeownership is a momentous achievement worth celebrating. The word "Jubilee" often evokes thoughts of parties and commemorations of significant milestones. Buying a home is a huge step in people's lives, and it should be a happy and joyous experience. Jubilee wants to be part of making that dream a reality for more people.

Inspired by a Vision of Equity

The name "Jubilee" also has deeper roots in history and a vision for a fairer future. It's inspired by the Jubilee year described in historic texts, including the Old Testament. The Jubilee year was a year-long celebration held every 50 years, where bondmen were freed and mortgaged lands were restored to their original owners. This "reset" aimed to address growing inequity between haves and have-nots, promoting social harmony.

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Solving for inequity is something everyone can universally support. Jubilee wants to be part of that solution by making homeownership more accessible through fair and flexible leaseholds. By offering solutions like the flexibility to buy out the land at any time, Jubilee aims to empower individuals and families on their path to owning a home.

“While Jubilee Homes is not explicitly a faith-based company, it embraces the shared mission of creating more access to homeownership in fair and flexible ways." — Brian Elbogen, Founder and CEO

Welcome to Jubilee

At Jubilee, the name is more than just a word – it embodies our core mission and values.

We chose Jubilee for two key reasons: to celebrate the joy of homeownership and to reflect our commitment to solving long-term inequity in housing. We love helping families around the country find the "jubilee" in their next home.


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Equal Housing Opportunity

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1. Jubilee Leaseholds, Inc. nmls id #2719294 mortgage broker only, not a mortgage lender or mortgage correspondent lender.

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3. Jubilee Leaseholds, Inc. CA DRE #02217342.

4. * Example terms for 2% down with a Jubilee Joint Purchase (per $1,000,000 in property value): Initial ground rent is $2,979 per month, fixed for the first 5 years (60 months). After the first 5 years, ground rent increases by 3% annually. The land buyout price is the greater of (i) the initial land purchase price and (ii) the property's fair market value at the time of buyout. Mortgage example: Assumes a 30-year FHA mortgage of $350,000 with an estimated $1,979 monthly principal and interest payment (6.00% APR). Payments do not include property taxes, homeowners insurance, or HOA dues; actual monthly housing costs will be higher. Terms are illustrative only and will vary based on property, lender, and program eligibility. This is not a commitment to lend or an offer of credit. Jubilee Home Loans, Inc. NMLS #2719294. Joshua Potts. Jubilee Leaseholds, Inc. DRE #02295166.