CHEER SQUAD
Corey was absolutely fantastic he went beyond the expectations of a lender helped me with everything was definitely on my team we have adopted him to part of the family he was awesome
JOSH K
Apr 02, 2022
I could not have had a better experience. Corey was awesome. Always available, always calm and very clear when explaining what was going on in the process. I truly felt like he was looking out for my best interest
Jonathan H
Mar 14, 2022
Corey kept me updated every step of the way, he glady answered any questions I had , and always answered in a timely manner. I knew I could go to him for any questions and concerns during the buying process and I knew I could put my full trust into him!
Morgan K
Mar 12, 2022
My situation was very complicated....it involved a 2nd mortgage on a separate piece of land. What he and the title agency found was totally different than what it should have been. I now have the clear deed to this land. Corey was determined to do the best he could for me, and that he very well did. I got my home refinanced with a much better rate plus enough to get it resided. The deed was an extra bonus.
MARIE H
Feb 08, 2022
Prompt communication and always very professional.
RICHARD T
Jan 26, 2022
Had a GREAT experience working with Corey
The the process of getting pre-qualified was easy, and all way through the re-finance went smooth and easy.
Corey and his team are very professional, and secured me with a 3.25 % interest rate.
I would use them in a heartbeat and highly recommend them if you want a smooth / hassle free experience when re-financing a home.
James R
Jan 26, 2022
I enjoyed working with Corey. He is very knowledgable and helped me understand what needed to be done and why it needed to be done. He took off some of the pressure of my hands and was in constant communication with my agent instead. We closed on our home in a month without any issues. And was even able to help us with the down payment. I recommend Corey to anyone due to his professionalism.
MASSOGONA M
Mar 17, 2020
Corey Paulino has been a great financial advisor for us .He was always available for us no matter the time. If one day you decide to go on vacation in Africa please let us know.You will be our Guest.Thank you Corey.
MAMADOU K
Mar 15, 2020
He was very informative, pleasant, and eager to help. He always returned me phones calls, text and emails. He went above his job duties. He took great pride in his job and servicing me. He awesome. I was bless to have him.
ROBIN L
Mar 05, 2020
He helped me get all of my paperwork that I needed to get pre-approved. He communicated very well all of the next steps to keep me informed & up to date. I never felt lost or confused with what was happening in the loan process because he was so thorough. Overall a delightful experience!
KENNEDY S
Feb 21, 2020
Cory was very friendly he kept us posted with the changes that were taking place. He stayed in touch with all necessary clientele and he gave me some good options. He made himself very accessible to us at all times. I will be recommending him to others.
HARRIET C
Jan 17, 2020
Cory was exceptional with communication and information. He was always available to me every time I called. I had a lot of questions and he never had a problem dealing with any of it. I would definitely use them again in the future and recommend them to friends and family.
DAVEN C
Dec 18, 2019
The reliability, professionalism, and trustworthy
NABILA B
Dec 13, 2019
Corey is friendly, knowledgeable and very helpful. I have over 20 years in real estate experience, and it's very stressful when you know the behind the scenes pitfalls that can arise. Corey calmly got me through that with his knowledge and responsiveness. A large part of the mortgage process for the buyer is gathering and providing documentation to the mortgagee. Corey is able to lead you through the process quickly. I highly recommend Corey Paulino.
SANDRA L
Nov 23, 2019
MORTGAGE
We want to make your home financing as easy as it can be. With Eustis Mortgage, you can relax while we handle the details.
Get Prequalified before you shop for a house
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!
What is the difference between Prequalified and Preapproved
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
Mortgage Loan Process
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
- Application
- Processing
- Underwriting
- Closing
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.
Should I refinance my house?
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!
What is a Cash-Out Refinance?
¬ 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
What can you do to update/upgrade your house with a Renovation Loan?
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
What is the difference between a fixed-rate and an ARM mortgage?
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.
KNOWLEDGE CENTER
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 of less 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.