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.
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What are Millennial Home Buyers Looking For?
7 Key Terms to Know When Buying a Home
Buying a home is a very exciting process. Especially when it is the first home. During the mortgage process, however, you might start to hear some terms that you aren’t quite familiar with and don’t apply to other typical loans, like a car loan. Of course, your agent and mortgage lender are there to help […]
How to Buy a House Out of State
Are you relocating to Indiana from another state? Buying a house long distance can be a tricky process, especially if you’re comparing your experience to those portrayed on HGTV. Unfortunately, it’s rarely feasible for a homebuyer to make several trips to their desired location to look at houses multiple times and get the full house […]
How to Choose a Flip House
Thanks to reality TV and the sellers housing market, house flipping has never been more popular. However, if you’re new to the game, we urge you to do your research because house flipping is not for everyone. What may seem like the perfect opportunity might instead end up costing you a lot of money if […]
What to Expect on Closing Day
Congratulations! You finally did it – the house is yours! You braved the hot market, attended open house after open house, worked with your realtor and landed a deal, so you should be proud. But there is one final hurdle to clear before the keys are in your hand, so don’t relax just yet. Our […]
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 […]
4 Features to Consider when Choosing an FHA Loan
An FHA loan is a government-backed mortgage insured by the Federal Housing Administration (FHA). This type of mortgage is popular with first-time homebuyers and those who do not have the means for a larger down payment. But how do you know if an FHA loan is the right decision for you? Along with the four […]
Advantages to FHA Loans
With the increase in private mortgage insurance (PMI) rates, many homebuyers have been questioning whether an FHA loan is their best financing option. GVC Mortgage encourages Indianapolis homebuyers to consider each mortgage loan option before moving forward. An FHA loan is not money lent directing from the Federal Housing Administration (FHA). What happens is that when […]
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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)