You’ve had many friends recently talk about refinancing their mortgages, and now you’re wondering whether you should do the same. But just what is refinancing, and how might you benefit from it?
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Are you in the process of buying a new home in Indiana? Do you want to get preapproved so you can know how much home you can afford? Are you maybe wanting to take advantage of current loan rates and are considering refinancing your mortgage? If you fit into any of these categories, GVC Mortgage […]
Buying a home can be an overwhelming process, especially for first-time homebuyers. However, you can minimize anxiety—especially in the home loan process—by understanding some of the key mortgage terms and concepts prior to signing on the dotted line. Here are five key home-loan concepts we at GVC Mortgage want to make sure you know.
You’re in the market to buy a home. Whether you’re new to the home-buying process (or it’s just been a while), you’re wondering whether getting preapproved for a home loan is something worth your time. The short answer from our team at GVC Mortgage: Yes.
Are you wondering what your credit score has to do with buying or financing a new home? Don’t let your credit score keep you from being able to move forward with your real-estate dreams. We at GVC Mortgage recommend that you know what a credit score is, how it impacts financing a home loan, and […]
You’re considering buying your first Indiana home and are looking into your mortgage financing options. Then, your mortgage broker begins to talk about how you will require “PMI” and how those three little letters add to your monthly mortgage costs. What exactly is PMI? Homebuyers who don’t have at least a 20 percent down payment […]
Buying a home is a huge commitment, and home mortgage companies understand this as much as anyone. Follow some of these tips to avoid getting declined or having your interest rates rise! Do not quit your job – This includes retiring or becoming self-employed. You were pre-qualified by your lender based on your job with […]
––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 […]
- 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)