The whole process was painless.
Lisa S Sep 15, 2022
Bryce made getting a home loan very easy. We had great communication and he was able to meet all of my needs concerning the loan. Great experience.
Dominic S Mar 17, 2022
I think we closed in 28 days. 28 DAYS! And we probably could have closed a few days earlier than that if the title company was available. He and his staff were amazing. Fast, efficient, and incredibly helpful throughout the whole process.
Patrick S Mar 03, 2022
great experience all around
Galina K Jan 04, 2022
Bryce was able to close this loan in a timely manner, i was very happy working with him.
Paul M Dec 17, 2021
Bryce and his team, stayed on top of the transaction. I never had to ask for anything. It was just taken care of. They had a short window for the last transaction and got it done on time. Thanks a bunch to you and your team. Diana Klotz - Keller Williams
Diana K Jul 02, 2021
Bryce was great to work with. We had some trying issues during closing that were outside of his control and he was able to navigate and get us through the process successfully.
Blake B Jun 09, 2021
Working with Bryce and his team at Eustis was a very easy. They made the home buying process very smooth and seamless and I would highly recommend!
Bridget G May 17, 2021
Working with Cayli Estrada and Bryce Novotny was an absolute pleasure. Cayli was very responsive and helpful throughout the entire process. She truly made purchasing a home a breeze. Couldn’t have been more grateful to work with such amazing people.
Adrianna L Apr 30, 2021
Bryce was quick to communicate and aid in the coordination of services making the process as painless as possible. Thank you for the hard work!
Gregory F Apr 01, 2021
Kathryn F Apr 01, 2021
Bryce was with my First Time Buyer clients each step along the way.
Always in touch and always available for us!
We are appreciative for making this process smooth and easy.
Danny A Mar 30, 2021
Bryce was great to work with! Very responsive, answered all my questions, broke everything down for me so it made sense.
Stephanie W Mar 29, 2021
Very responsive when it seemed time was against us. Recommend highly.
Alexander G Mar 12, 2021
Bryce is very professional and efficient. We really appreciate his help! Thanks again!
Meng Y Dec 10, 2020
Bryce helped me through my first transaction as a Realtor and patiently explained so many things that are not taught in real estate school. Additionally, my client was a first-time homebuyer and he made the process extremely smooth and positive for my client. I'm looking forward to future transactions with Bryce and the team at Eustis.
Todd S Dec 07, 2020
Bryce was quick with everything, and I felt like he communicated well with my realtor so that I always knew where we stood with everything.
Robert A Dec 01, 2020
Bryce and his team were amazing to work with. Bryce always made himself available to help us with all of our questions throughout the entire process. He was very friendly and professional.
Anthony K Nov 23, 2020
Bryce was excellent to work with. Very knowledgable and was able to get us an amazing rate! He helped us all the way through the mortgage process and was so easy to get a hold of for any questions we had. We highly recommend working with Bryce!!
Damon N Nov 18, 2020
Efficient, knowledgeable and overall excellent experience!
John S Nov 10, 2020
Christopher M Nov 08, 2020
Bryce was always readily available to answer any questions I had surrounding the process & timely with his responses. Any requests he had were succinct & clear cut, leaving no room for ambiguity. I would recommend him to any friend or family member who was looking to buy or refinance a home!
Sean C Nov 04, 2020
Thank you, Bryce for helping us get this done and save some money!!
Deanna M Nov 03, 2020
I send all my client's to Bryce!
Clint L Oct 29, 2020
Bryce is great to work with and is very knowledgable. Highly recommend!
Parker C Oct 23, 2020
The low interest rate.
Patrick N Oct 14, 2020
Love working with Bryce. Definitely our go-to for anything mortgage related.
Kenneth C Oct 06, 2020
Fast turnaround in these busy conditions. Open communication, even outside business hours. Great rate!! Thanks!
Darcy N Oct 04, 2020
Leo L Oct 01, 2020
This was our first home buying experience and we could not be more grateful for Bryce's help and guidance. He was professional, knowledgeable and answered all of questions quickly and fully. He made buying our dream home simple and easy though this home buying process. I would recommend him to all my family and friends!
Derek L Sep 30, 2020
My clients were extremely happy with the very competitive interest rate and the service Bryce provided. They were amaze that even in this busy market, Bryce was able to close this deal in 21 days, when other lenders were quoting minimum 45 days to close. My clients' couldn't be any happier and would highly recommend Bryce and his team.
Ninh T Sep 21, 2020
Bryce is extremely knowledgeable and made the process easy and stress free for us, all while getting us locked in with an amazing rate.
Westmoreland G Sep 21, 2020
Worked fast, great communication and got us the best rate!
Hannah K Sep 10, 2020
Bryce consistently exceeds all expectations - works tirelessly to overcome hurdles and gets the deal done well within the timeframe allotted. Thanks Bryce for making me look good!
Ryan W Sep 04, 2020
Bryce was very helpful in our mortgage plus helping us with referral for insurance!
Edward G Sep 02, 2020
Bryce was very knowledgable and informative throughout the whole homebuying process. He kept in constant contact and answered every question I had. And believe me, I had PLENTY. He also was able to get me preapproved in a matter of hours ON A FRIDAY AFTERNOON so that I could put my offer in by that evening on my now home! All around great experience. I would recommend him to everyone! Thank you, Bryce!!
Kelley K Sep 02, 2020
As a real estate agent, I consider Bryce to be a terrific lending partner. He offered patient, quality guidance to my client as he navigated the home buying process, and he kept me informed along the way as we cleared the stage gates to get to a successful closing. Bryce was consistently responsive, even over the weekends, if we had questions or needed his support. Lastly, he thinks outside the box and helped my client develop a strategy to minimize the cash he needed to make the purchase!
Stephanie M Aug 28, 2020
Bryce did a great job keeping us informed of the process. Everything went smooth. We could not be happier!
Daniel N Aug 25, 2020
Total professional, best loan office I have had the pleasure to work with.
William B Aug 20, 2020
Bryce was very knowledgeable, always available for communication, and made sure my mortgage closed on time. He's everything everyone wants in a loan officer! I will definitely work with him again.
Elizabeth P Aug 12, 2020
Bryce made getting a mortgage very easy and always kept us informed. Everything was done in a very timely fashion.
Mark F Aug 04, 2020
Very friendly and welcoming approach in the search for my first home. Sending many friends and family your way in the future.
Taylor N Aug 04, 2020
Bryce works side by side with the home buyer and keeps you up to date on everything. He made buying my first home such a walk in the park.
Brennan W Jul 28, 2020
Best man in the biz!
Stephen M Jul 23, 2020
Bryce is a joy to work with! Always on top of things, always accessible, and always looking out for my client's best interests! Recommend him highly!
Debra H Jul 02, 2020
Bryce was amazing. Very knowledgeable and very responsive.
Shane F Jun 19, 2020
Bryce and team were very responsive and always available to answer any of our questions. We appreciate the guidance and successful transaction!
Ana P Jun 19, 2020
Bryce's knowledge and understanding of the current market situation was paramount in our decision to move forward with a home refinance. We couldn't be happier we did and now we are remodeling our home.
Adam P Jun 16, 2020
Always informed and updated at all times
Devan S Jun 13, 2020
Bryce is awesome! Worked to get us the best rate!
Sarah A Jun 13, 2020
Bryce was very attentive and supportive throughout the refi process. He and his team took good care of me!
David E Jun 11, 2020
Bryce was a great help and guided us through the entire mortgage process. He made the process easy and seamless.
Luke T Jun 11, 2020
I recommend everyone to Bryce! We've closed multiple homes together and it's always a smooth transaction.
Clint L Jun 08, 2020
Bryce Went above and beyond ..we are truly grateful for Bryce and his team!
Jamie R Jun 07, 2020
Bryce and his team, are on top of their game.
Leonard L Jun 06, 2020
Bryce & his team worked under extremely short deadlines in a challenging market & got the job done!
Emily H Jun 03, 2020
Got everything done in record time - super quick, easy, and manageable . Very clear and transparent approach .
Tyler M Jun 01, 2020
Bryce was recommended to me by a co-worker for his excellent service and did a great job on a Cash-Out Refinance for my New Orleans home. He worked with me through multiple iterations to get a great interest rate and through minimal delays, we were able to complete the process quickly and relatively painlessly. I have recommended him to friends and family and will be looking to use his services again in the future should the need arise.
Geoffrey S May 11, 2020
Good communication. Good result.
Richard C Apr 26, 2020
Bryce works hard to get you the best deal possible
Robert M Apr 26, 2020
Friendly & extremely responsive
Kenneth C Apr 21, 2020
Bryce was very responsive to all of my questions and concerns
Robert C Mar 29, 2020
Bryce was fantastic. Easy to work with. Very responsive and made the process so simple. I have already recommended him to other people
Richard D Mar 26, 2020
Bryce was recommended by my realtor and he was very efficient, thorough and professional.
I will recommend him to family and friends.
James T Feb 17, 2020
Bryce was super responsive throughout the entire transaction and was able to work through some client challenges to close the deal on time! Our clients were happy with the recommendation, and I would refer Bryce and Eustis again!
Ryan W Dec 10, 2019
Bryce made the entire loan process from start to finish seamless and stress free.
Michael P Nov 21, 2019
Simonne D Nov 19, 2019
Bryce was very informative and helpful! He made the process so easy!
Marissa V Oct 31, 2019
Alvaro P Oct 31, 2019
Professional, knowledgeable, and reliable. Would definitely work with Bryce again.
Jose E Oct 05, 2019
You answered our many questions about the refinancing process in words that i could understand and allowed me to easily make decisions.
Thomas K Oct 02, 2019
Bryce and team are the best! Customer service is excellent highly recommend...
Gina H Jul 20, 2019
Overall hassle free refi. Communication was excellent.
Thomas B Jul 17, 2019
All the details were explained.
The entire experience was conducted with superb professionalism.
Jamie B Jul 17, 2019
Bryce is always responsive and eager to help. He is great about keeping everyone informed, providing options for clients, and listening to any concerns. I will always recommend Bryce!
Jim U Jul 17, 2019
Bryce stepped in at the last minute and I firmly believe that without his help I probably don't close on the house.
Joseph C May 13, 2019
We want to make your home financing as easy as it can be. With Eustis Mortgage, you can relax while we handle the details.
You can get a loan before you even select a home. A Eustis home mortgage specialist can perform a pre-qualification or pre-approval so that you'll have a good idea of how much you can afford. Once you've found a home, and a seller has accepted your offer, you are ready to move to the Application process.
- You will know the loan amount you qualify for so that you know what home price range to shop
- Save time to narrow the list of homes to ones that fit your price range
- Discover any credit challenges early in the process we can resolve them at the beginning of the process
- Confidently make an offer as soon as you find your dream house
- Sellers will consider your offer more strongly with a prequalification letter over one that is not
- Your agent will ask for this as it improves your chances of getting the house you want
There are no fees or costs to getting pre-qualified, but it is a vital step in the home buying process. Call us today!
Prequalification: This is an overview of your credit profile that is an important step to writing offers for new homes and one we highly recommend. It just means that you have not submitted the documentation that will be required to verify your income, financial statements showing enough assets to close and you have not yet met the underwriting guidelines of the program you are going to select once you find the home of your dreams.
Preapproval: If you have a little more time at the beginning of the process, we always recommend getting Preapproved. A preapproval is the start of the formal application process before you find the property and is more thorough review of your financial position and ability to qualify for a home.
Why get Preapproved for a Mortgage?
- You’ll be able to move faster to find the house you want
- Most of the paperwork will be out of the way so you can close your loan faster
- You will be able to move to the top of the offer stack as your income, assets, and ability to buy has been verified
- Sellers know you will be less likely to have a delay in closing
- In competitive markets, this is another feather in your cap
Buying a house is one of the biggest decisions you will make in your lifetime. Our goal is to make the process as smooth and hassle-free as we can. Understanding the process will give you the knowledge you need to get started.
- Step in Getting Prequalified or Preapproved
You can get a loan before you even select a home. One of our home loan experts can perform a pre-qualification or pre-approval so that you’ll have a good idea of how much you can afford. Once you’ve found a home, and a seller has accepted your offer, you are ready to move to the Application process.
Once you’ve selected a home, your home specialist completes the mortgage application, gathers information about the property you want to buy, and collects personal information, such as income, assets, and employment history. For a complete list of information that you need to provide, see the Application checklist.
Once your application is complete, a loan processor reviews your file and verifies your information. We order a credit report to determine your credit history and credit score. We also order an appraisal of the property.
An underwriter reviews your file and determines whether your loan will be granted and issues the loan approval. The underwriter may request additional information during this review process.
Once the loan is approved, the closing process begins. Our closing department prepares closing documents and sends closing instructions to the title agent. The title agent is responsible for examining the title of the property and working with you for an acceptable closing date. At the closing, you’ll sign papers, pay closing costs, and finalize the transaction. Now it’s time to move into your new home.
Lower Payments*. Consolidate Debt. Pull Cash Out.
*By refinancing your existing loan, the total finance charges may be higher over the life of the loan.
First, start by asking yourself one of these questions.
Has your income increased? Do you need to consolidate debt? Has the equity in your home increased? Do you need money for a major expense? Has your credit rating improved?
If the answer is yes to any of these questions than we encourage you to call one of our home loan experts to give you a refinance evaluation. It costs nothing but could save you thousands of dollars in interest, pay off high balance credit cards, or help pay for college or unexpected expenses.
Knowing your options is the most import part of the refinance decision so Call us today!
¬ As you pay down your mortgage or as home values increase over time, a cash-out refinance allows you to use a portion of your equity and turn it into cash. The great news is you can use that cash however you want. Home improvements, unexpected expenses, college tuition or just to check a destination off your bucket list.
When is the best time to turn that equity into your house and use it as you see fit? That answer is up to you and can be used to fit your current needs.
Some of the more chosen reasons for utilizing a cash-out refinance are to:
- Remodel of you home
- Pay off high-interest credit cards or auto loans, neither of which is tax deductible like mortgage interest
- Help with life events like a growing family
- Bucket List Reduction
- Elimination of student debt
A renovation loan will let you do almost anything with your home. Some loans are used on smaller projects like ordinary repairs or cosmetic updates. These types of renovations loans typically don’t have minimum loan requirements for the repairs or upgrades you want to make to your home. These loans are limited to non-structural repairs with maximum loan amounts around $30,000.
With these types of loan, you can improve things like:
- Repairing or replacing your roof and gutters
- Redesigning your kitchen or bath
- Landscaping or adding a deck
- Buying new appliances
- Getting new windows, doors or floors
- Making your home energy efficient
- Upgrading plumbing, electrical, heating or cooling systems
- Ask a home loan expert (bolded and hyperlinked to find a loan officer)
Need to do more extensive renovation? We got you covered!
We have other programs that are specifically intended to make major repairs or changes to your home. These will have a minimum loan amount but the good news is you can borrow up to the value of your property plus repairs/renovation. Here are some examples:
- Room additions or adding a second floor
- Major remodeling that requires structural work
- Foundation or other structural repairs
- Projects over six months
You don’t have to settle for a house that only has half of the items on your wish list. With renovation loan you can buy in the perfect neighborhood and then get all the items on your list without coming out of pocket. This loan allows you to combine the purchase price of the home and the cost of repairs and upgrades into a single mortgage. No second lien at a higher interest rate required. Other benefits include:
- Get a home in a great location below market price
- Getting a bargain on a home allows you to move to a higher priced area of town
- Get more bang for the buck with a larger home
- Opens up your search area
- Your home fits your taste and family requirements
A remodeling home loan allows you to make your current home into your home for the future. These types of loans allow you to roll the costs of the work you do into one new mortgage. No second lien required, most likely at a higher interest rate. Since this is a refinance, you can also capitalize on lower interest rates, move to a shorter loan term and possibly lower payments.
A fixed-rate mortgage offers an interest rate that is steady throughout the life of the loan. Fixed-rate mortgages offer the security of always knowing exactly what your monthly loan payment will be. The interest on ARMs can fluctuate (up or down) periodically. The interest rate on ARMs offers an opportunity to save on interest costs. However, you are protected from rates getting too high, because a safe ARM has annual and lifetime rate caps, which limit how high your rate may go.
This a decision you must make. Here is one way of looking at the question: If you can afford the payment and are comfortable with all the other terms, it makes sense to go ahead and firm it up IN WRITING. Do not be overly concerned if rates fall after you lock. If your objective is to purchase the property, you have eliminated one uncertainty. If you are refinancing, locking the rate guarantees that you will reduce your monthly payments or be able to obtain cash you need for home improvements or other worthwhile goals.
You can lock your rate at application, while your loan is being processed and approved, or any time shortly before closing.
Eustis Mortgage offers lock periods up to six months on some loan programs.
PMI is required for conventional loans with a down payment of less than 20th of the value of the home. You can avoid paying PMI by making a down payment of 20 or more of the value of the property you want to buy.
PMI will be automatically terminated when the loan-to-value ration is scheduled to reach 78 assuming all payments are current. Borrowers can request cancellation of PMI when the loan reaches 78 assuming all payments are current. Borrowers can request cancellation of PMI when the loan reaches an 80 loan-to-value ratio, assuming the loan is current.
How do I know whether the house is in a flood zone, and if so, how can I determine my insurance premium?
Eustis will order a flood certification before loan closing, as required by federal law. However, if you would like to find out if the property you are purchasing is in a flood zone, you can contact your insurance agent or check the local library for updated flood maps. FEMA determines flood risk by comparing your lowest floor level to flood levels from the past 100 years. FEMA bases flood insurance premiums on this information. You may need to get a slab elevation if you are unable to obtain this information from the seller or your local permit office
Annual Percentage Rate (APR) is a calculated interest rate that reflects the overall cost of a loan on an annual basis. APR includes interest payments, origination fees, discount points, and other specific costs of getting a loan and is, therefore, usually higher than the interest rate. APR can be useful for comparing different types of loans. However, while all lenders are required to calculate APR based on guidelines provided by the Truth in Lending Act, not all lenders include the same costs in the calculation. This can make it difficult to compare the APR for loan programs from different leaders.
Points, also known as “discount”, are funds paid at closing so that you can get a lower interest rate for the life of the loan. For example, you may be quoted a rate of 7.375 with 0 points or 7.000 with 1 point. One point is equal to 1 of the mortgage amount.
Closing costs are expenses paid, by both buyers and sellers, at the closing meeting. Closing costs include pre-paid taxes and insurance, discount points, origination fees, title insurance, and other fees that may apply to your loan.
Pre-paid items are hazard/homeowners insurance, taxes, and pre-paid interest. Most insurance is paid in advance, so you will be required to pay for your homeowner’s and flood (if required) insurance policy for the first year in advance. Also, the lender will require you to make a deposit of up to 2 months of payments in order to establish an escrow account.
Many loan programs require that the lender pay the taxes and insurance on behalf of the borrower. Your loan officer can determine if the option to pay taxes and insurance yourself is available on the loan program that is best for you.
MORTGAGE PAYMENT CALCULATOR
Estimate your monthly mortgage payment using the calculator below. Simply enter the purchase price of the home, loan term, and details about the home loan. Please note that escrow for taxes and insurance is not required for loans with down payments more than 20 percent. Some of this information may be difficult to determine on your own; please contact a mortgage specialist to review the most accurate monthly mortgage payment for the area you are purchasing.
Types of Loans
Streamline 203K: This is for projects where total renovations do not exceed $35,000. It is more for minor changes like upgrading HVAC, paint, fixing or replacing roofs, patios, septic systems or remodeling a kitchen. It does not allow for structural changes like foundation work.
Full 203K: This for projects that need to be more expansive in nature and may go over $35,000 in total renovations. It can be used for all the repairs from a streamline, but you can also make structural changes and reconstruction, repair or replace plumbing or use it to improve energy conservation, safety or disabled accessibility.
This is a great option when buying a home that needs a little TLC or you want to make your current home into your forever home.
What can a Homestyle Renovation help with?
- In-ground pools
- Interior and exterior upgrades
- Kitchen or bathroom upgrade
Program Flexibility: Conventional loans allow for different terms and down payment. Meaning you can customize your down payment, whether you have a first and a second or if you want to do one loan with Mortgage Insurance.
Program Flexibility: Conventional loans allow for different terms and down payment. Meaning you can customize your down payment, whether you have a first and a second or if you want to do one loan with Mortgage Insurance.
Loan Limits: Conventional loans are capped at a maximum loan amount of $647,250 for single-family homes unless the property resides in a High-Cost Area of the United States.
Second Liens Permitted: Another difference between conventional loans and the other programs is the ability to add a second lien to assist with down payment requirements. This also is a good option when buying a higher price house and need to go above the maximum financing amount in a non-High-Cost Areas.
For loan amounts over conforming limits and up to $3,000,000.
A VA home loan is a great benefit to military personnel during and after their service. Thank you for your service and sacrifice for our country.
No Down Payment: A VA home loan comes with 100% financing. Contact one of our home loan experts for more details.No Mortgage Insurance: Unlike USDA a VA home loan does not have monthly or annually mortgage insurance.
Certificate of Eligibility Required: In an effort to make sure we use your Veteran Benefits properly borrowers must obtain a Certificate of Eligibility . The VA Benefits portal will be able to help you find this information or contact us and we can assist you in getting the info.
Low Down Payment: FHA loans are great for first time home buyers or home buyers that are working with limited down payment. A down of 3.5% is all that is required and can be a gift from a relative.
Flexible Income Requirements: The original goal in 1934 for FHA loans was to make home ownership possible. One way the program does that is by allowing for more flexible income and credit guidelines.
Loan Limits: FHA does have different maximum loan sizes by area. To learn more click on here to see what the Loan Limits are in your city.
No Down Payment: The USDA loan comes with 100% financing. A down payment is not required which can be an obstacle to homeownership.
Low Monthly Mortgage Insurance: The upfront insurance rate on a USDA is generally lower than VA or FHA. It also has one of the lowest annual mortgage insurance fees. Other good news is the upfront fee can be rolled into the loan, eliminating an out of pocket expense at closing.
Only available in certain geographic areas: To get a USDA loan, the property you buy has to be in a USDA designated rural area, but that does not mean it is necessarily farmed land. Over 90% of the U.S. is eligible, which includes small town and suburbs. The USDA Mortgage Eligible Map will show you all the areas where you can use this loan.
Income Limits: The USDA loan was originally designed fro low to moderate-income families. The guidelines for USDA define income level as being 115% of the area’s median income. This income amount if very different in different parts of the country and can be very different in certain areas of a state. Please contact one of our home loan experts to learn more.
- Fixed Rate and Adjustable Rate
- FHA, VA, and USDA Loans
- Jumbo and Conforming Loans
- Conventional Financing
- Renovation Loans
Special Programs for Non-traditional borrowers also available
100% YES! This one decision will make the home buyer process go much more smoothly. The pre-qualification process is simple:
- Gather your personal financial information such as bank statements, W-2 forms and paycheck stubs, and meet with your Loan Officer.
- We will pull your credit report and evaluate your financial documents. With this information, you and the loan officer are able to discuss the best home financing options that will help you achieve your financial and homeownership goals.
- Once you are prequalified, we will give you a prequalification letter to inform your real estate professional and the seller of the property that you’re a preferred and serious potential buyer. This will give more weight to any offer you extend on a property as well as allow you to relax and enjoy the process of looking for your new home.
- How long will you live in this home? Several years, or just a few?
- Do you anticipate your income or finances to significantlychange over the next few years? Do you anticipate significant changes to your income or finances over the next few years?
- Are you either comfortable or uncomfortable with an adjusting monthly mortgage payment? Have you considered an adjusting monthly mortgage payment?
- Do you plan to be out of mortgage debt by, for example, when your children start college or when you retire?
Based on your answers, your home loan expert can discuss different home loan programs that will suit you financially and help you reach life’s milestones.
An FHA loan, on the other hand, is guaranteed by the Federal Housing Administration. FHA is a government agency that works with approved lenders like us.
Typically, origination points are applied and disclosed at the time of locking in an interest rate. On the other hand, discount points can be added at the time of lock or later in the process if you choose to pay to reduce your interest rate.
Origination fees are the fees required to originate the loan. They can include processing fees, underwriting fees, administrative fees, and several others. One of our Loan Officer can give you a complete breakdown of these fees as they vary from state to state.