If you’re a first-time homebuyer, the process of buying a house can be overwhelming. However, you can minimize anxiety, especially in the home loan process, by understanding a few key terms and concepts prior to signing on the dotted line. One important term you will soon hear is “escrow account”, and our team at GVC […]
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Is Winter a Bad Time to House-Hunt?
Everyone knows that spring and summer are home-buying seasons, and that winter is the time to hibernate and stay put. While it’s true that the market does tend to slow down in the winter, that’s not necessarily a bad thing. Yes, moving in the snow is a pain but, in the end, you may find […]
3 Mortgage Questions You’re Afraid to Ask
Let’s face it, talking about your finances to a relative stranger is not always the most comfortable experience. You may have made some questionable choices in the past or perhaps your current finances aren’t something you’re proud of, but at GVC Mortgage, we’ve seen it all and we don’t judge. Our team of professionals knows […]
The Don’ts of Home Buying
If you’re preparing to purchase a home this fall in Indianapolis, you may have already started researching the home buying process. There are many lists of things to do as you prepare: save for a down payment, get your credit in order, find a mortgage broker, etc., but our team at GVC Mortgage has put […]
Refinancing 101
Homeownership is a learning process for everyone. After you’ve secured your mortgage and purchased your first home, you may think you’re done with the hard part. But our team at GVC Mortgage is here to remind you that your financial options don’t end on closing day. Refinancing your home loan means that you are essentially […]
FAQs about Conventional Home Loans
Do you plan on buying a home this summer? Maybe you’ve found the right home but are now trying to decide which type of financing is right for you? A conventional home loan is a wise decision for Indianapolis home buyers, but how do you know if it’s right for you? Our team at GVC […]
How to Buy a House in a Seller’s Market
If you’ve spent any time looking for houses in the past several months, you know that the market is currently in the seller’s favor. Houses are flying off the market and it can be very frustrating for a potential homebuyer to find what they’re looking for and beat out the competition in order to secure […]
What Is a USDA Loan?
For many Americans, buying a home is a dream, but often seems impossible to achieve. In the generation plagued by student loan debt, many millennials believe they won’t be able to buy a home because they cannot save for a down payment. However, thanks to the U.S. Department of Agriculture, there is now an option […]
The Home Buying Process
Purchasing a home has long been part of the American dream, but many people find the process too daunting to complete. Our team at GVC Mortgage is here to turn your dreams into reality by walking you through the home buying process and giving you a positive, fulfilling experience. To help you get started, we’ve […]
How to Save for a House
Home ownership is a dream come true for many Americans. However, buying your first home can be a daunting task. Our team at GVC Mortgage is here to help you start saving for a down payment on your dream home. Understanding how much to save and how to do it can relieve some of the […]
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)