Becky is professional and has always looked out for my best interest as a home buyer. She is excellent at what she does, and makes the home buying process enjoyable and a breeze!
Melanie P Aug 05, 2022
Becky Mason made my mortgage shopping experience very easy. She is a pleasure to work with.
Nathan M Jul 31, 2022
I can't say enough about Becky Mason. She walked me through everything I needed to purchase my home. She made sure I understood everything I was signing and took a lot of the stress right off my shoulders. She also made the process very convenient for me which I really appreciate. I am confident in my purchase and appreciate Becky Mason and Eustis for all of their assistance. Thank you!
Courtney G Jul 29, 2022
everything went as smoth as glass
Bruce M Jul 13, 2022
Becky, Kim and the entire team are wonderful!!!!!
Robert A Jul 13, 2022
Becky was very helpful and available to answer all my (many) questions.
Andrew T Jul 07, 2022
The knowledge and understanding of the first time home owner experience and the patience that was given!!!!
Teresa L Jul 05, 2022
Very professional and the whole process was seamless.
Cathy B Jul 05, 2022
Becky and Kim. I send all my clients and friends to them.
Carol A Jul 05, 2022
Becky and Nicole were amazing to work with. They helped us throughout the process and made sure we understood the documents needed. Becky went above and beyond to make sure my questions were answered. Quick responses and eased my fears about the financial aspect of getting a mortgage loan.
Shanita L Jun 20, 2022
It was a great Experience throughout the whole process
Good communication Becky and her team was
Very helpful and caring
Always there when needed made sure I understood everything
I’m am very pleased and satisfied 🥳
Leon A Jun 15, 2022
Becky handled everything professionally and was easy to communicate with. She communicated what we need and once that was done she assured us that everything was going to work out and it did.
Carlos C Jun 13, 2022
The great work y”ll do make it easy
Isaace M Jun 13, 2022
Becky was very pleasant to work with during this stressful joyous house buying process. If i need any help Becky was very quick to help with any of my issues. I am very thankful for her help!
Keondrick D Jun 12, 2022
Becky was amazing and professional. Wonderful experience-especially for a first time home buyer!
Madison S Jun 10, 2022
life is hard but at least becky made this process as easy as she should could. that goes a long way with me.
Ronald S Jun 01, 2022
For two years Becky took the time to discuss what we needed to do. She gave us an education on our credit and I Love how she communicated with us as if we were family. I call her Aunt Becky🤣 She also didn't mind taking time to make sure we fully understood and consent to it all. Thank you, Becky, 💚
Crystal C May 31, 2022
Becky was very helpful, quick to respond, and made our home buying process very easy!
Julianne R May 31, 2022
I wouldn't use anyone else other than Becky. She is the best!
Mary S May 31, 2022
Becky was absolutely amazing! I feel as though she treated me as family and partnered with me to make my dream a reality!
Talicia G May 27, 2022
Becky made sure that my first house purchase was extremely easy. She answered all my questions and made it go so smoothly.
Tanya L May 20, 2022
Great communication and very clear instructions !
Robert P May 16, 2022
RANDALL B May 16, 2022
Mrs Becky is aweaome she make you feel like family and and males the process stressless
Marcus G May 11, 2022
Becky's hard work and willingness to talk to you anytime of the day. She is GREAT
Francine C May 06, 2022
Becky was amazing to work with. She was helpful through every stage of the home buying process and always available to answer any questions. Everything was done quickly and accurately. I’d definitely recommend her.
Christopher L May 06, 2022
Determine, understanding, professional, and great attitude!! Definitely great person ,thank you Ms.Becky!!!!!😃👊👍
Major B May 04, 2022
Buying a home is stressfull - even more so when you live in a different state than the house you're buying. Becky ensured we locked in the best rate, and worked with the other players - realtor, title company, and insurance to ensure our closing was successful and stress-free - even when we were 900 miles apart.
Martha S May 02, 2022
I love how informative Becky was ..she went above and beyond ..
Korye H Apr 23, 2022
Everything from start to finish was so easy for me. There were no surprises.
Samantha B Apr 20, 2022
She is amazing and was able to get everything taken care without complications!
Kevin J Apr 12, 2022
The Communication.... Wherever didn't understand something Becky ALWAYS explained it to me. Didn't pick up any frustration from her at all.
Thank Becky 😊
Kammetta R Apr 12, 2022
It was an easy process and you all were very helpful and professional and we really appreciate you all.
Juan W Apr 07, 2022
Becky was so easy to work with. Everything was done in the swift speed.
Dejan M Apr 04, 2022
The mortgage process is so intimidating and confusing. Becky walked me through it and made it pleasant and not scary at all! She was always understanding and kind. And she was always readily available and returned my calls quickly. I couldn't be more satisfied!
Loretta J Mar 31, 2022
Besides being helpful and informative, Becky was open and inviting. She made this process amazing and less stressful.
Angelia R Mar 30, 2022
Becky was very friendly and helpful. She made the process easy and less stressful. I would recommend this institute to anyone looking for a financial help with buying a home.
Derrick R Mar 30, 2022
Ms. Becky went above and beyond to keep me informed of every step during the process of me purchasing my home. She was extremely patient and didn’t allow me to feel uncomfortable or I knowledgeable about anything. She made sure she explained everything in full detail no matter how long it took and I didn’t feel rushed through anything.
Tyesha L Mar 28, 2022
Mrs Becky made my wife and I feel like family during our first home buying process. I highly recommend Mrs Becky and Eustis Mortgage to anyone.
Foster W Mar 27, 2022
Johnny L Mar 27, 2022
I couldn’t have bought our second home if it wasn’t for Becky Mason! I will always use her for future transactions.
Autumn L Mar 22, 2022
Becky made it a very smooth process on her end and ended up getting us a great rate!
Kristen W Mar 22, 2022
Becky made our process very easy and got my family a great rate on our loan!
Jacob W Mar 14, 2022
All there whenever I needed her. Answered all my questions at anytime. Open, honest and very attentive. Very sweet.
Olethia D Mar 04, 2022
How direct Mrs. Becky and her staff are
Ronald C Mar 03, 2022
Becky’s constant communication and making sure all the details were handled.
Nannette C Feb 17, 2022
The staff was friendly, warm and inviting. The attorney took the time to explain every document in a language that I understood and the consequences of it was not done correctly.
Tony G Feb 16, 2022
Excellent customer service from start to finish.
Wonderful attitude and very knowledgeable about the task at hand. I feel I had more than an loan officer, it was more like a family member walking me through the process.
Cornelius J Feb 16, 2022
Becky was very knowledgeable about the whole process and was very good about explaining to me what was going on and making sure we had everything in line. She was very responsive to calls and always made sure to walk me through any questions or concerns I had. She always did what she said she was going to do.
Dalton R Feb 14, 2022
The experience, Customer service
Christopher H Feb 08, 2022
I had the BEST experience of my life. The process was very smooth sailing. Her overall She’s the best . She kept me calm through out the process ,any questions I had she answered them & I felt like I knew her for years.
Shawntara C Feb 08, 2022
Becky was wonderful to work with! Answered all our questions, basically walked us through the entire process.
Kevin I Feb 07, 2022
Becky got everything done in a timely manner. Very knowledgeable and friendly!
Debra S Feb 07, 2022
Communication, guiding us through what documents we needed to send in was instrumental in making this a flawless process.
Jeffrey T Jan 27, 2022
Becky was so helpful the entire process! She was very patient with us and answered all of our questions. Her communication was excellent and she responded quickly.
Kristen D Jan 19, 2022
The entire process was the best experience ever!
Shannon J Jan 17, 2022
Excellent communication and documents were received efficiently.
Dana R Jan 17, 2022
Your professionalism was awesome. And most of all you help me and wife and family get into a house. Thank You!!!
Gregory W Jan 14, 2022
Becky was absolutely wonderful. She was upbeat and positive through the whole process and I would absolutely recommend her and Eustis Mortgage to anyone hoping to have a fun and relaxed home buying experience.
Robin O Jan 13, 2022
Mrs. Becky was very pleasant and polite I enjoyed working with her sooo much.
Andrea W Jan 13, 2022
Mrs. Becky is AWESOME!! She went above and beyond to assist in making out experience as smooth as possible. Thank You!!!
Shilivea E Jan 07, 2022
Becky is amazing at what she does. She is very helpful and keeps you informed throughout the whole process. She is in constant communication with you and answers all your questions. She makes purchasing a house a great experience.
Stephanie D Jan 01, 2022
Becky Mason is the best
Calvin W Dec 25, 2021
Her caring about her clients and the personal attention she gave us
Renee G Dec 16, 2021
Becky’s the best! Simple and easy process
Abi C Dec 10, 2021
Very Professional and made me feel like l was part of their family
Armanda J Dec 09, 2021
Becky answered all the questions we had in a timely manner and made the loan process go smoothly.
Ryan P Dec 09, 2021
Becky Mason and Janet McCord made this the most amazing experience buying a house. This was my first home and any questions I had they were more than happy to answer. Becky would call me every few days to make sure I wasn't overwhelmed. I would highly recommend her to anyone looking to purchase a home.
Natasha J Dec 08, 2021
Becky is the best ever in mortgage business. She knows her business and excellent at keeping me informed. Clone her
Elizabeth M Dec 03, 2021
I would have not been able to get through this process without Becky!! She is above awesome ❤️
Christopher M Dec 03, 2021
Brittany H Dec 03, 2021
Becky helped me so much in the approval and purchase of my first house. She was very patient with me through this whole process. The day before I close a situation happened and she helped navigate right through it with flying colors. Her whole office did a fantastic job. I will for sure send anyone to her in the future. I want to thank Becky so much for everything and her team did for me!!!
Sarah P Dec 03, 2021
Everyone was patient, amazing and just like family. We love you Mrs Becky!!!
LaTonya T Nov 30, 2021
Becky was very helpful through the whole process and took her time to make sure I was taken care of!
Kirsten B Nov 30, 2021
Becky was always on top of the whole process. Professional but personable. I had a few little meltdowns but she always calmed. Second time doing this with her. Can’t imagine ever using anyone else.
Pamela S Nov 30, 2021
Becky Mason is awesome! She is a great communicator, prompt with every response, and knowledgeable. Also, the genuine kindness she presented made the process all the more effortless. Highly recommend!
Nadia W Nov 30, 2021
Smooth transaction, always felt informed!
Ashley P Nov 29, 2021
Becky is awesome she communicated with us through the entire process and treated us like family
Brandon S Nov 29, 2021
Aaron B Nov 17, 2021
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.