So you’re thinking of buying a home? Congratulations! Most people associate the home buying process with calling a realtor, finding the perfect home, negotiating the deal, having inspections performed, and then setting a close date. Just as important, however, is deciding which mortgage is right for you. A little proactive planning can help you accomplish […]
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3 Ways to Get the Best Interest Rate on a Home Mortgage
Buying a house can be an exciting but overwhelming process filled with unexpected twists and turns. Most people understand the importance of having a trustworthy and proactive realtor, but having a mortgage lender that you can depend on is equally as important. A good lender can ensure that your mortgage loan goes through without a […]
Conventional vs. FHA Loans
You’ve been looking for a new home and considering the possible ways to finance it. You know you’ll need to take out a mortgage and have narrowed it down to either a conventional or FHA loan. However, you’re having some trouble deciding which one is best. First, we recommend that you set up a time to […]
Advantages to FHA Loans
With the increase in private mortgage insurance (PMI) rates, many homebuyers have been questioning whether an FHA loan is their best financing option. GVC Mortgage encourages Indianapolis homebuyers to consider each mortgage loan option before moving forward. An FHA loan is not money lent directing from the Federal Housing Administration (FHA). What happens is that when […]
CoreLogic Report Shows Home Prices Rise by 12.2 Percent Year Over Year in May
––Analysis Indicates Projected Growth of 13.2 Percent Year Over Year in June–– CoreLogic® (NYSE: CLGX), a leading residential property information, analytics and services provider, today released its May CoreLogic Home Price Index (HPI®) report. Home prices nationwide, including distressed sales, increased 12.2 percent on a year-over-year basis in May 2013 compared to May 2012. This […]
Required Documents
- 2 most recent paycheck stubs
- 2 months of bank statements (checking, savings, etc.)
- 2 years full federal tax returns (including W-2s and 1099s)
- Copy of your driver’s license
- Insurance agent contact information
If applicable, the following items will also be needed
- Divorce decree
- Bankruptcy papers
- Proof of child support
- Awards letter (social security and pension)