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What Buyers Should Look for When Buying Their First Home

[fa icon="calendar'] Oct 18, 2021 7:30:00 AM / by Eustis Mortgage posted in fha loan, mortgage news, homeownership, loan payments, first time homeowner, buying vs. renting, investment, mortgage, mortgage refinancing, real estate, real estate market, loans, credit score, 3% down mortgage, home buying, applying for a loan, homebuyers, homeowners insurance, mortgage rates, mortgage terms, co-signing a mortgage, single women homebuyers, housing industry, home value, title insurance, Loan Officer

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To Re-Fi or Not Re-Fi, That is The Question

[fa icon="calendar'] Sep 28, 2021 10:35:41 AM / by Eustis Mortgage posted in home ownership, homeownership, loan payments, mortgage process, mortgage, mortgage refinancing, real estate, home buying, applying for a loan, pay off your mortgage, housing options, homebuyers, today's interest rates, home prices, mortgage terms, single women homebuyers, home financing, home value, homebuying tricks, mortgage after divorce, Loan Officer

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How to Be More Competitive in a Seller's Market

[fa icon="calendar'] Aug 30, 2021 7:09:00 AM / by Eustis Mortgage

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Do You See a Home ReModel In Your Future?

[fa icon="calendar'] Jul 14, 2021 8:00:00 AM / by Eustis Mortgage posted in homeownership, first time homeowner, mortgage process, real estate market, homebuyers, mortgage terms, housing industry, 203(k) loan, home financing, freddie mac, fha 203k loans, transitioning into homeownership

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Is It Better to Rent or Buy a Home?

[fa icon="calendar'] Jun 11, 2021 8:00:00 AM / by Eustis Mortgage posted in fha loan, loan payments, 203K Streamline, 3% down mortgage, advantages of choosing a mortgage lender, homebuyers, pmi rates, mortgage rates, co-signing a mortgage, single women homebuyers, FICO Scores, flood insurance, homebuying with student loan debt, awards, home building, mortgage after divorce, american mortgage service company

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Using Your Tax Refund to Buy a Home

[fa icon="calendar'] May 10, 2021 6:22:47 PM / by Eustis Mortgage posted in homeowners insurance, co-signing a mortgage, mortgage after divorce, title insurance, Recruiting

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As more Americans file their tax returns, it is becoming increasingly necessary for them to decide what to do with the money they get.

For the second year in a row, you have additional time to file your federal taxes. On March 17th, the Treasury Department and Internal Revenue Service announced that the federal income tax filing due date for individuals for the 2020 tax year will be automatically extended from April 15, 2021, to May 17, 2021.

This gives you a little more time to decide what you will do with your tax refund.

– Would your tax refund be enough for a down payment on a new home?


– Do you feel you should use this to pay off debt?

The possibilities are endless, however, whatever you do decide to do, always choose the path that will give you the largest return on investment (ROI).

The housing market is in a frenzy right now.

Tight supply conditions and strong demand have made the housing market highly competitive and fast-paced, with most homes in a multiple offer situation. If you're going to jump in this pool of homebuyers, be ready to swim quickly! You and your agent should be prepared to write a strong offer with the least number of contingencies.

But what is the first step in preparation? Getting pre-qualified. Meeting with a loan officer is the first step, so when you are ready to submit the winning offer, you have your qualification letter in hand.

Your loan officer will review your credit, your debt to income ratio, and determine what the best route for you is. Lenders like to see your debt to income less than 43%. There are three types of loans that all vary in the down payment amount. The different types are VA, FHA or Conventional. Based on the different loan types and your circumstances, your loan officer will provide direction as to the best loan option for you.


Start preparing now for that first meeting. You will need the following documents in hand so your loan officer can review your file.

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Budgeting for Homeownership

[fa icon="calendar'] Feb 1, 2021 3:18:48 PM / by Eustis Mortgage posted in mortgage, credit score, brexit, federal reserve, mortgage after divorce, Recruiting, Loan Officer

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There are costs that are associated with owning a home that families must consider when preparing a monthly budget. The mortgage payment is a significant factor, but not the only cost.

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Smart Ways to Save (For a Down Payment)

[fa icon="calendar'] Jan 11, 2021 12:05:43 PM / by Eustis Mortgage posted in fha loan, homeownership, loan payments, mortgage process, real estate market, 3% down mortgage, home buying, getting mortgage approved, homebuyers, homeowners insurance, mortgage savings, mortgage terms, co-signing a mortgage, obstacles to homeownership, housing industry, 203(k) loan, home financing, freddie mac, homebuying with student loan debt, fha 203k loans, transitioning into homeownership, Loan Officer

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Building Wealth Through Homeownership

[fa icon="calendar'] Jan 8, 2021 12:10:00 PM / by Eustis Mortgage posted in fha loan, mortgage news, homeownership, loan payments, mortgage process, home buying, applying for a loan, homebuyers, homeowners insurance, mortgage savings, single women homebuyers, obstacles to homeownership, housing industry, FICO Scores, home financing, freddie mac, home building, fha 203k loans, mortgage after divorce, Loan Officer

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How to Manage Your Student Loans with Federal Loan Relief Programs

[fa icon="calendar'] Jan 5, 2021 6:30:00 PM / by Eustis Mortgage posted in fha loan, homeownership, loan payments, rent rates, homebuyers, mortgage terms, student loan debt, homebuying with student loan debt, mortgage after divorce, Active Military and Veterans

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