- 2019 Posts

  1. Don’t Let Intimidation Get in the Way of Home Ownership
  2. Setting Financial Goals for the New Year
  3. Buying a home after bankruptcy

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Financing your New Home

May 04, 2017

With the housing market heating up, more and more people are looking to purchase a home to avoid higher rent prices. Buying a home now allows many to take advantage of current prices before the values climb this year. When a home rises in value, it means more equity is available in the home, giving many a financial foot up in building a nest egg.

 

Here at GSF Mortgage, our mortgage specialist can help you find the right fit for financing. We have several loan options available and they do not require 20% down! 100% financing is available with our GSF 100 program, VA Loans and the USDA No Money Down loan. We also have several other products that only require 3% down, such as the FHA and HomeReady loans.

 

Fannie Mae has a HomeReady mortgage. It offers a loan with as little as 3% down. Home buyers can also use income from someone that is not on the loan, but living in the home, such as a grandparent, children, extended family, and even some non-relatives may help qualify.

 

The FHA 203K Streamline Mortgage program lets you include the cost of repairs in the loan. The 203K allows home buyers to finance an additional $35,000 into their mortgage to improve or upgrade their homes before move-in.

 

Contact us today to talk about which loan program fits your needs!

 

 

Ron Meyer
GSF Mortgage Corporation
300 Patriot Dr.
Little Chute, WI 54140
(920) 788-9608
rmeyer@gogsf.com
NMLS #222688 & 1018