Jay Davis - Mortgage Loan Officer NMLS 1220927

10/30/2023

Housing is in a tough spot!

https://www.nationalmortgagenews.com/list/dave-stevens-on-the-long-winter-ahead-for-mortgage-lenders

07/27/2023

Where do you start when buying a home?

03/29/2023

Spring is officially here, and that means warmer weather is on its way. It is a great time to get your HVAC system inspected, cleaned, & a maintenance checkup!

This will increase the systems efficiency and help reduce your utility cost.

And might be able to identify an issue before your system goes out... on the weekend!

and go change your air filter too!

03/16/2023

Are you looking in the $250,000 range for a home... What if, I told you the current rate is 5.50%! Payment with taxes and insurance under $1,700 a month.

This house is presented at $249,000 by Darla Harrison Wilf with Trova Property Management. https://www.realtysoldbydarla.com/homes-for-sale/TX/texarkana/75503/3411-potomac-ave/bid-435-110215

APR is 5.853% with buying the rate down with discount points.
Rate assumes strong credit, 760+, 20% down, and DTI under 40%.

Message or call, 903-277-6293, for your best financing options!

State Bank Mortgage
MEMBER FDIC / EQUAL HOUSING LENDER

Nice home on a corner lot that features 4 bedrooms, 2 baths, Updated kitchen, 2 living areas, breakfast and formal dining, freshly painted primary bathroom, nice backyard, with 2703 sq ft living space to enjoy! The inside is also going to be repainted very soon to a neutral color as of 2/22/23. Prop...

02/24/2023

Listed for $327,544!

7219 N Richland Drive Texarkana, TX 75503

The location is ideal, offering the convenience of city living while still being in a quiet and peaceful setting.

For More information, https://www.realtor.com/realestateandhomes-detail/7219-N-Richland-Dr_Texarkana_TX_75503_M71904-83999

Message me or call, 903-277-6293, for your best financing options.
State Bank Mortgage

Presented by Virginia Raffaelli Prazak - Raffaelli Realtors, TXK Homes, LLC with Raffaelli Realtors, TXK Homes.

02/23/2023

Just listed for $265,000!

3222 Main St. Texarkana, TX 75503

Adorable historic home that has been beautifully remodeled!

For More information, https://lcsellstxk.com/homes-for-sale/TX/texarkana/75503/3222-main-st/bid-435-111425

Message me or call, 903-277-6293, for your best financing options.
State Bank Mortgage

Presented by Lauren Callaway, Realtor with Re/max Preferred - Texarkana.

02/17/2023

Get your money into a bank, if you are going to purchase a home.

Money in a safe, under a mattress, or in a coffee can buried in the back yard… could cause issues when purchasing a home!

Two key factors that affect a home purchase is the SOURCE of the funds used for the transaction and verification that the funds are SEASONED.

Seasoned funds are those that have been in the account for a specified time-period, most lenders require that the funds used to purchase a home have been in the bank for at least two months.

Sourcing means that the funds must be verified as legitimate and have not been acquired through illegal means.

Verification of Seasoned and Sourced funds begin with the review of the last two months of bank statements. Deposits other than those related to earned taxable income will require explanations and documentation to show the source of the deposit.

Sourcing and seasoning of funds are necessary to prevent fraud and money laundering, and to ensure that the home purchase is a sound financial decision for all parties involved.

Purchasing a home is a significant financial undertaking that requires careful planning and preparation. Are you looking to buy or build, message me or call me at 903-277-6293.

01/03/2023

6609 Lakeridge Dr, Texarkana, Texas 75503
Listed for $375,000 by Shamille Hendrix with Texarkana Star Real Estate, Inc.

3 bedroom, 2 bath home on a 1.32 acre lot
https://texarkanastar.idxbroker.com/idx/details/listing/a427/111042/6609-Lakeridge-Dr-Texarkana-TX-75503?widgetReferer=true #/

6.125% interest rate, P&I $1,822.83 with 20% down.
APR 6.224%. 760+ Credit Score

Message or Call to discuss your best lending options for your next home purchase, 903-277-6293, Jay Davis.

State Bank Mortgage
MEMBER FDIC / EQUAL HOUSING LENDER

At the top of the Hill in Lakeridge Estates sits a stunning newly remodeled gem! 6609 Lakeridge Dr. is nestled inside of the city limits on 1.32 acres of gorgeous land with gorgeous views this home is nothing short of dynamite. From the hand-selected fine stones to the calm and inviting colors, this...