- 2019 Posts

  1. Is It Time to Refinance? Here Are The Steps You Need to Take
  2. Saving For Your First Home? Here’s Everything You Need to Know
  3. Options, Options, Options
  4. A Personalized Approach
  5. Credit Confusion
  6. Building Your Dream Home
  7. Tax Time in Wisconsin
  8. Don’t Let Intimidation Get in the Way of Home Ownership
  9. Setting Financial Goals for the New Year
  10. Buying a home after bankruptcy

+ 2018 Posts

+ 2017 Posts

+ 2016 Posts

+ 2015 Posts

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