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  1. Options, Options, Options
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  5. Tax Time in Wisconsin
  6. Don’t Let Intimidation Get in the Way of Home Ownership
  7. Setting Financial Goals for the New Year
  8. Buying a home after bankruptcy

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Putting Your Tax Return Toward Your Future

February 09, 2016

Dreaming of what to do with your tax refund? You might not realize that you can actually use your tax refund to purchase your dream home! While other people are dreading tax time, if you are getting a refund, we can show you how you can put your refund toward your down payment on that new home! FHA loans require only 3.5% down, which could be the same as your return!


If your goal this year to buy a new home, your tax money could be the leveraging money you need to make that purchase. Utilizing tax funds can help first time home buyers make distant dreams an affordable reality. Using your tax refund may help you qualify for a larger home, or help you lower your monthly payment by applying more toward the down payment. Combined with an FHA loan 3.5% down, now could be the perfect time to stop paying rent.


Many times your monthly mortgage payment will be less than what you may be paying in rent currently. Purchasing a home not only saves you money monthly, but helps you grow your personal wealth with your home investment. As property values rise, and your mortgage balance decreases, your home equity grows. Not only can your tax return help you purchase your first home, it can help you invest in your future!


Contact us today at GSF Mortgage to discuss your future today!



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