Whether you’re a first time homebuyer or a veteran in the mortgage office, there are always new terms to learn or relearn. And because buying a home can be stressful enough without feeling lost on closing day, GVC Mortgage is here to help. Today we are discussing three important mortgage terms you’re likely to encounter […]
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Is It Time to Downsize?
When it comes to homes, bigger isn’t always better. It’s much more important that your house fits your lifestyle and current circumstances than it be a big, impressive size. However, moving to a smaller home can be an uncomfortable thought. If you’re used to a large home, you might feel cramped in a smaller one. […]
Determining Your Home Loan Term
When purchasing a home, there are countless decisions to be made. Should you live in this neighborhood or that? Should you buy or build? Should you get the house with the basement, or the one with the pool? And the decisions don’t stop with the house you choose to buy; in fact, you will still […]
Make Buying a Home Your New Year’s Resolution
It’s human nature to set goals for ourselves and try to achieve them, so it only makes sense to set big goals at the start of the new year. 2021 is here, but it’s not too late to set a New Year’s resolution for yourself. If you’ve been putting off buying a home for years […]
3 Red Flags to Avoid While House Hunting
In the current, fast-paced housing market, it can be difficult to take your time while house hunting. Of course, you want to make a wise decision; but often, if you don’t act fast, another buyer will swoop in with an offer and you’ve missed your chance. At GVC Mortgage, we understand that home buying is […]
3 Signs It’s Time to Move
Homeowners in northern Indianapolis know that buying a home is a huge achievement as well as a huge commitment. However, very few people stay in their first home forever because needs can change dramatically over the years. If your home isn’t meeting your needs anymore and you’re finding yourself browsing homes for sale online, it […]
Escrow 101
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 […]
4 Signs a Home Is the Right Fit for You
If you’ve decided to purchase a home in the Carmel, Fishers, or greater Indianapolis area, GVC Mortgage is here to help. Our team knows that today’s buyers are looking for more than just the right fit in terms of price and square footage, and that they also want to know if a home is going […]
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 […]
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)