Jeff Covin, Mortgage Loan Officer

08/09/2026

5.0 star review received on Experience.com for Jeff Covin by Florence A C - Everything went smoothly and was amazing.

Click to see all 55 reviews of Jeff Covin, VP, Branch Manager | NMLS 184939

08/06/2026

Myth Busted! 🚫 Getting a mortgage pre-approval does NOT hurt your credit as much as you think.

Here’s the deal:
You have a 45-day window to shop for mortgage rates. During this time, FICO and other credit scoring models group all those inquiries together. Instead of 5 separate hits, it counts as just 1.

So yes, get those quotes! A few points off your score for a few months is worth the thousands you’ll save on interest.

Drop a 🏠 if you're planning to buy a home this year! Let's get you pre-approved the right way.

08/06/2026

🏘️ Growing your real estate portfolio just got more accessible.

Our 10% Down Investment Property Loan is designed for investors looking to maximize their purchasing power while keeping more cash available for future opportunities.

With no mortgage insurance, loan amounts up to $1.5 million, and financing available for borrowers with multiple investment properties, this program offers the flexibility experienced investors are looking for.

Whether you're purchasing your next rental or expanding your portfolio, let's explore if this financing solution is right for you.

📲 Reach out today to learn more.

08/03/2026

📈 A shift in buyer behavior is worth watching.

The latest MBA Weekly Applications Survey found that 8.1% of mortgage applications were for adjustable-rate mortgages. While the 30-year fixed remains the most common choice, buyers are increasingly exploring alternatives that may better fit their financial plans.

The key takeaway? Every homebuying journey is different, and understanding all of your financing options can help you make a more informed decision.

Thinking about buying a home? Let's explore the mortgage options that best fit your goals.

07/31/2026

Take advantage of the benefits you earned. A VA IRRRL (Interest Rate Reduction Refinance Loan) offers veterans a streamlined refinance option to lower your interest rate and save on monthly payments. Let's help you maximize your benefits.

📲Contact Presidential Bank Mortgage today to start your journey.

07/29/2026

Today's announcement to hold interest rates steady is another reminder that the housing market is constantly evolving. Instead of trying to predict what's next, focus on what you can control:
✔️ Your budget
✔️ Your credit
✔️ Your mortgage options
✔️ Your plan

Knowledge is your greatest advantage in any market.

💬 Have questions about how today's news could impact your home buying journey? Let's connect and explore your options together.

07/29/2026

Think your student loans mean you can't qualify for a mortgage? Think again. 🏡

Having student loan debt doesn't automatically keep you from buying a home. In many cases, lenders can use the monthly payment on your credit report—or your current loan statement if it's more accurate. Even if you're on an income-driven repayment plan with a $0 monthly payment, you may still be able to qualify.

If your loans are in deferment or forbearance, there are still options for calculating your monthly payment. And if someone else has been making your student loan payments on time for at least the past 12 months, that debt may not count against you.

You may even be able to use a cash-out refinance to pay off eligible student loans at closing.

Every borrower's situation is different, so don't assume student loans mean your homeownership goals are out of reach. Visit our website to learn more about your options and start your application today.

07/28/2026

🏡 FHA or Conventional? The answer isn't always as simple as one being "better" than the other.

The right loan depends on factors like your credit score, down payment, monthly budget, and long-term goals. While FHA loans can be a great option for buyers with lower down payments or less-than-perfect credit, conventional loans may offer advantages for borrowers who qualify.

Every homebuying journey is different. Understanding your options is the first step toward making the right decision with confidence.

💬 Have questions about which loan may be the better fit? Let's start the conversation.

07/27/2026

House hunting just got a little more exciting. 🏘️

With more newly built homes hitting the market and prices softening compared to last year, buyers have more options to choose from than they've seen in quite some time.

If a brand-new home has been on your wish list, this could be the moment to explore what's available—and what incentives builders may be offering.

📩 Let's see what opportunities fit your budget.

07/20/2026

Big changes are coming to housing—but not all at once.

The newly signed 21st Century ROAD to Housing Act includes:
🏡 An institutional buyer ban for large investors
📊 Easier side-by-side loan comparisons for borrowers
🏗️ New construction incentives designed to increase housing supply

While many of these changes will take time to roll out, understanding what's ahead can help you make informed homebuying decisions today.

🔗 Read our latest blog to learn more on these updates!
https://www.presidentialbankmortgage.com/post/the-road-to-housing-act-significant-changes-are-coming-but-slowly