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
Pros and Cons to Building a Home
When it comes time to buy a new home, you’ll likely consider new construction. But to many people, that territory is unfamiliar. What are the pros and cons of building a new home? Is there anything to consider? Here are some things to keep in mind when making this very large decision from the team […]
How Much Does Owning a Home Cost?
If you are currently renting a home or apartment, you may be wondering if you are paying more in rent than you would if you had a mortgage. Often, rent prices are higher than a monthly mortgage payment, and this leads renters to believe that owning a home would be cheaper in the long run. […]
Everything You Need to Know About Closing Costs
If you are in the process of buying your first home, you may think it’s as simple as finding a monthly mortgage you can afford. However, there are costs associated with buying a house that go beyond your mortgage payment, and they are referred to as “closing costs.” Today on the blog, our team at […]
3 Benefits of Home Ownership
Home ownership has changed in the United States over the past several years. The generations labeled “Millennials” and “Gen-Z” are putting off buying their first home and choosing instead to rent or live in alternative housing like RVs. However, owning a home is about more than just a roof over your head and actually provides […]
Are Online Mortgage Calculators Accurate?
House shopping has changed over the years. Potential buyers used to be at the complete mercy of their realtor to find homes to look at. However, in our modern age of technology, you can view homes online, through several different apps, or even on Facebook! With all that information at our fingertips, it’s no wonder […]
3 Unconventional Ways to Find a Home
If you’ve spent any time house hunting in the past year, you know that the market is super hot for sellers, but a little tricky for buyers. Homes are selling very fast and almost always include intense bidding wars between potential buyers. If this idea seems overwhelming or discouraging to you, you might consider alternative […]
3 Reasons to Stop Renting
In today’s society run by “millennials”, renting instead of purchasing a home is becoming more and more popular. Instead of graduating from college and settling down, young adults are now choosing to put off home ownership and even marriage to maintain a flexible lifestyle. While our team at GVC Mortgage understands these changes in perspective, […]
3 Reasons to Refinance this Year
As mortgage rates continue to fall, many homeowners in Indiana are choosing to refinance their home loans in order to save money, build equity, and pay their mortgages off faster. When you refinance your home loan, you are essentially replacing your current mortgage with a new one. There are many reasons why homeowners choose to […]
3 Things Never to Do Before You Close on a House
Whether you’re a first time home buyer or this is your third or fourth time through the home buying process, buying a home can be both exciting and slightly terrifying. After all, it is the biggest financial decision that most people ever make and the last thing you’d want is to mess it up somehow. […]
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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)