It’s well understood that real estate “season” picks up in early spring and lasts until early fall. In general, people simply prefer not to move in the winter as it’s colder and everyone is busy with holidays. Typically, people do not want to be between homes over Christmas. There can, however, be some pretty big […]
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Buying a House in the Winter Months
What are Millennial Home Buyers Looking For?
What are Millennials interested in when looking to buy a home? Ideally, their dream home is energy efficient and includes a home office, a great backyard, and a modern kitchen. Continue reading to learn more from the team at GVC Mortgage.
Buying a House with No Money Down
Is it possible to buy a house with no money down? Yes. Is that a smart choice? It depends. Securing a mortgage, especially for the first time, comes with many different considerations. Continue reading to learn more about avoiding a down payment from the team at GVC Mortgage.
What is the Difference between Interest Rate and APR?
When purchasing a home, there are many new terms to learn. PMI, escrow, earnest money, and the list goes on and on. Two particular terms that can trip people up are interest rate and annual percentage rate, or APR. Why are there two different rates? Why is one higher than the other? When looking at […]
Best Ways to Prepare for Buying a House
The process of buying a new home can be a difficult task, but once you’ve made the commitment, it’ll be well worth it in the end. Unfortunately, many people are unsure where to start when it comes to purchasing a house. Have no fear, GVC Mortgage is here to help you get started. If you […]
3 Things to Consider When Buying a Home in 2022
The last couple of years have certainly been a little crazy for the housing market. We’ve seen low rates, high prices, and less volume on the market. It’s been easy to sell but tough to buy which makes the decision of purchasing a home all the more difficult. Here are three things to help you […]
What Is the Debt-To-Income Ratio?
When you’re trying to buy a house, research is very important. From researching your potential new neighborhood to knowing how much house you can afford, to understanding what your mortgage options are, there is no shortage of knowledge to acquire. At GVC Mortgage, we make it a priority to form relationships with our clients so […]
Are You Ready to Buy Your First Home?
At GVC Mortgage, we often talk about the benefits of buying a home and encourage first-timers to take the plunge. However, we also recognize that not everyone is ready to be a first-time homebuyer. Circumstances differ greatly from person to person, so we’ve put together a quick guide to help you find out if you’re […]
5 Documents Your Mortgage Lender Will Need
The home buying process is an exciting time. Especially with new app technology that allows you to view several homes from the comfort of your couch! However, once you are ready to apply for a loan, you’ll need to be prepared with the appropriate documents so the process can run as smoothly as possible. At […]
Top 3 Questions to Ask Your Mortgage Lender
When you’re trying to buy or refinance a house, nothing is more important than research – and that includes researching the mortgage company you choose to use. You will likely have countless questions regarding types of mortgages, terminology you may not be familiar with, and payment plans, so you need to work with someone you […]
- 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)