Eustis Mortgage

Eustis Mortgage It's all about U at Eustis! Equal Housing Opportunity NMLS #70345

https://nmlsconsumeraccess.org/

Many of our clients have come back again and again since opening our mortgage company over 70 years ago. Our customers know they can always rely on us for providing home loans in Louisiana, and the service they expect and deserve. Buying or selling a house is a life changing event, trust us to walk you through the process and provide valuable information and guidance from the first call through the closing of your loan.

Found an affordable spot with before photo energy and after photo potential? Put your HGTV addiction to use. A renovatio...
08/07/2026

Found an affordable spot with before photo energy and after photo potential? Put your HGTV addiction to use. A renovation loan finances the purchase price and the renovation costs together, in one loan. No separate loan for the fix up, no hunting for a second way to pay for the work.

Curious how a renovation loan works? Reach out and let's walk through it.

๐‹๐จ๐š๐ง๐ฌ๐ฉ๐ฅ๐š๐ข๐ง๐ข๐ง๐ : ๐•๐€ ๐‹๐จ๐š๐ง๐ฌMost people know the basics of a VA loan, but the qualification flexibility is where VA loans rea...
07/30/2026

๐‹๐จ๐š๐ง๐ฌ๐ฉ๐ฅ๐š๐ข๐ง๐ข๐ง๐ : ๐•๐€ ๐‹๐จ๐š๐ง๐ฌ

Most people know the basics of a VA loan, but the qualification flexibility is where VA loans really stand out.

Letโ€™s ๐‹๐จ๐š๐ง๐ฌ๐ฉ๐ฅ๐š๐ข๐ง it.

VA loans may offer more flexibility with both credit and debt-to-income (DTI) ratios. Credit does not always have to be perfect, and unlike many programs with a firm DTI cap, VA loans can also consider residual income, or how much money is left after major monthly expenses are paid.

That means the full financial picture matters, not just the two numbers borrowers tend to worry about most.

Think your credit or DTI may be holding you back? Reach out and let's take a closer look before you count yourself out.

Closing costs covered. Rate bought down. Certain debts paid off. All in one VA purchase?That may sound too good to be tr...
07/27/2026

Closing costs covered. Rate bought down. Certain debts paid off. All in one VA purchase?

That may sound too good to be true, but it can be possible with the right structure.

VA seller concessions may be used toward:

โœ… The VA funding fee
โœ… Prepaid taxes and insurance
โœ… Temporary or permanent rate buydowns
โœ… Appliances and other gifts
โœ… Certain credit balances or judgments

Now for the part that surprises most people:

๐—ฅ๐—ฒ๐—ฎ๐˜€๐—ผ๐—ป๐—ฎ๐—ฏ๐—น๐—ฒ ๐—ฎ๐—ป๐—ฑ ๐—ฐ๐˜‚๐˜€๐˜๐—ผ๐—บ๐—ฎ๐—ฟ๐˜† ๐—ฐ๐—น๐—ผ๐˜€๐—ถ๐—ป๐—ด ๐—ฐ๐—ผ๐˜€๐˜๐˜€ ๐—ฑ๐—ผ ๐—ป๐—ผ๐˜ ๐—ฐ๐—ผ๐˜‚๐—ป๐˜ ๐˜๐—ผ๐˜„๐—ฎ๐—ฟ๐—ฑ ๐˜๐—ต๐—ฒ ๐—ฉ๐—”โ€™๐˜€ ๐Ÿฐ% ๐˜€๐—ฒ๐—น๐—น๐—ฒ๐—ฟ ๐—ฐ๐—ผ๐—ป๐—ฐ๐—ฒ๐˜€๐˜€๐—ถ๐—ผ๐—ป ๐—น๐—ถ๐—บ๐—ถ๐˜.

So the seller may be able to cover allowable closing costs separately, then contribute up to 4% toward other approved expenses.

In other words, a VA loan may help a veteran get into the home with less cash, lower the payment, and possibly leave closing with less debt.

Drop a ๐Ÿ™‹โ€โ™€๏ธ if you thought all seller paid costs counted toward the 4% limit.

A haiku is simple. Clear VA loan guidance can be, too.VA loans come with a lot of questions, especially about appraisals...
07/23/2026

A haiku is simple. Clear VA loan guidance can be, too.

VA loans come with a lot of questions, especially about appraisals, repairs, seller costs, closing timelines, and loan limits.

Here are a few facts that may surprise you:

โœ”๏ธ Veterans with full entitlement do not have a VA loan limit, although they still must qualify and the property must support the purchase price.

โœ”๏ธ A VA appraisal is not the same as a home inspection.

โœ”๏ธ Sellers are not automatically required to pay all closing costs.

โœ”๏ธ VA financing does not have to mean a slower or more difficult transaction.

What is the most surprising thing you have heard about VA loans? Share it in the comments, and letโ€™s clear it up.

Congratulations to Laura Pecot, recipient of the June 2026 U Rock Award!As a Loan Officer Associate, Laura keeps loans m...
07/13/2026

Congratulations to Laura Pecot, recipient of the June 2026 U Rock Award!

As a Loan Officer Associate, Laura keeps loans moving forward and supports our Loan Officers and customers throughout the process.

Known for her responsiveness and professionalism, Laura brings efficiency and a positive attitude to everything she does. She has a genuine willingness to help, and a talent for anticipating needs before they turn into problems.

Laura is a great example of what happens when hard work, teamwork, and a commitment to excellence come together.

Congratulations, Laura, on this well deserved recognition. U ROCK!

07/13/2026

The biggest thing standing between those that qualify for a VA loan and homeownership isn't credit, It's misinformation that spreads like a wildfire.

The idea that VA loans require PMI.
That they take forever to close.
That your benefit disappears after one use.

None of those myths should keep you from exploring your options. At Eustis mortgage, we'll walk you down the correct path, and show you the truth to myths you've heard over and over. You've earned the benefit. Don't let someone else's bad advice keep you from using it.

Ready? Curious? Apply here! ๐Ÿ“ฒ https://eustismortgage.com/en/lo-directory/

Found a house you love, but the kitchen needs paint and the flooring has seen better days? HomeStyle Refresh lets you ro...
07/11/2026

Found a house you love, but the kitchen needs paint and the flooring has seen better days?

HomeStyle Refresh lets you roll those repairs right into your mortgage, up to 15% of the home's value, with a down payment as low as 3%.

It works whether you're buying or refinancing, so the house that needs a little love doesn't have to be the one you pass on.

Know someone house hunting right now? Tag them below.

In 1956, two guys in New Orleans made a wish: build something that lasts. 70 years later, we're the Fire Marshal's worst...
07/10/2026

In 1956, two guys in New Orleans made a wish: build something that lasts. 70 years later, we're the Fire Marshal's worst nightmare.

07/10/2026

The VA loan is one of the most powerful home financing benefits available to eligible veterans, active-duty service members, certain members of the national guard and reservists, as well as qualifying spouses of fallen service members. Depending on your situation, it can offer no down payment, competitive interest rates, and no private mortgage insurance (PMI), making homeownership more affordable.

If youโ€™ve served our country, youโ€™ve earned benefits that can make buying a home easierโ€”and weโ€™re here to help you understand every step of the process! ๐Ÿ™Œ๐Ÿป

Have questions about whether you qualify or how a VA loan works? Reach out to us with your interest in using a VA loan, and weโ€™ll get you started! ๐Ÿค

Please join us in welcoming Brian Everheart to Eustis Mortgage as Vice President of Construction, Renovation & Specialty...
07/09/2026

Please join us in welcoming Brian Everheart to Eustis Mortgage as Vice President of Construction, Renovation & Specialty Lending.

Brian brings more than 25 years of Mortgage Lending experience, including 19 years focused on Construction and Renovation financing. From ground up construction to full scale renovations, he has helped borrowers bring a wide range of projects to life.

Construction and Renovation Lending takes experience, attention to detail, and a strong problem solver who can keep projects moving through draws, inspections, approvals, and every step in between. Brian brings that expertise to this role.

Welcome to Eustis, Brian. Weโ€™re excited to have you on the team!

Address

1477 Louisiana Avenue Suite 101
New Orleans, LA
70115

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm

Telephone

+15045860075

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