GSF Mortgage offers many types of home loans.  Answer a couple questions to determine what loan program is right for you.  

How much money do you have available for a down-payment?

What is the goal of your refinance?


USDA Wisconsin Rural Development Housing Loans

The United States Department of Agriculture (USDA) currently offers no-money-down 100% financing mortgage home loans for the rural areas of Wisconsin.

About the Wisconsin USDA Rural Development mortgage

There are very few zero-down mortgage home loans left and the rate at which people are pushing for it is very high. The USDA loans are available through the Rural Housing Division of the US Department of Agriculture.

Features of the USDA Rural Development Loan program

The features of the USDA Rural Development home loans are:

  • 100% Financing - No Down Payment Required
  • 100% loan to value refinance with no appraisal needed
  • Low monthly mortgage insurance
  • No Cash Reserves Required
  • No Prepayment Penalties
  • Home Must Be Your Primary Residence
  • Low Fixed Rates
  • Purchase or Refinance
  • Excellent Credit Not Required

Eligible areas for the USDA Rural Development Wisconsin mortgage

The USDA no-money-down 100% loan financing covers the rural areas of Wisconsin only. These areas include Freedom, Black Creek, Hortonville, Winneconne, Omro, Sherwood, Brillion, Chilton, Hilbert, and many other small towns in Wisconsin. Alternatively, you can use the eligibility map below to see the areas that are eligible for the USDA Rural Housing with no money down loans in Wisconsin.

Rates and Home values are rising. Get Pre-Approved today!




What is WHEDA?

WHEDA is an acronym for Wisconsin Housing and Economic Development Authority. WHEDA was initiated to help first-time home buyers to purchase their first home in Wisconsin.

Features and Benefits:

  • 100% financing
  • Low down payment: Get into a home with as little as $1,000 in out-of-pocket expenses.
  • 30 year fixed rate

Program Requirements:

  • You don't have to be a first-time homebuyer
  • Borrowers must contribute $1,000 of their own funds.
  • Homebuyer education is required.
  • The property must be owner-occupied.

Learn more about the WHEDA loan today! Give me a call for further discussion: (920) 788-9608.



Wisconsin FHA Mortgage Home Loans

What is the FHA mortgage loan about?

The Wisconsin FHA mortgage loans are government-backed loans to help you purchase or refinance your Wisconsin home. This loan program has been helping most people become homeowners since 1934. More so, the Federal Housing Administration (FHA), which is part of HUD, fully insures the Wisconsin FHA mortgage.

What does FHA loans offer?

FHA loans allow people who have had past credit issue the opportunity to purchase or refinance their Wisconsin home. Underwriting guidelines for FHA mortgage loans are not as restricted as conventional mortgage guidelines. This allows FHA the flexibility to lend to individuals with lower credit scores and for those individuals with less money to put down.

Underwriting guidelines for Wisconsin FHA home loans

Some of the underwriting guidelines for your Wisconsin FHA mortgage are:

  • 3.5% down payment and can be gifted from a relative
  • 97.75% LTV on R/T refinance
  • 85% LTV on cashout refinance
  • Closing costs can be paid by the seller
  • No bankruptcy discharged in the last 2 years
  • No foreclosure or short sale in the last 3 years
  • Collections do not have to be paid off.

Loan limits

Effective with FHA Case Numbers assigned on or after January 1, 2018, new FHA loan limits have increased to $294,515.

Documents needed for an FHA home loan

Every loan is unique, but here are some of the most common items needed

  • Paystubs last 30 days
  • W2's last 2 years
  • Taxes last 2 years
  • Bank Statement last 2 months
  • Divorce Decree, Marital Seperation Agreement, & Child Support order
  • Bankruptcy papers including discharge letter



203k FHA Rehabilitation Mortgage

203k FHA rehabilitation mortgage for Wisconsin home purchases or refinances.

What is 203k FHA Rehabilitation Mortgage about?

Are you looking to buy or refinance your Wisconsin home but can’t because the home needs some major repairs? The Federal Housing Administration (FHA) 203K Rehabilitation mortgage allows you to finance the entire cost needed for the repairs. Your appraised value will be determined by the worth of your home after the repairs are completed. The FHA streamlined version will give you 50% of the total cost at closing and the rest when the repairs are completed.

Purchasing a home in Wisconsin

Buying a home can be a daunting task in today’s market. With so many options available, it is quite uneasy to decide on which home to buy. However, what if that home has your required and desired features? How do you fund the TLC required and pay for your mortgage? This is where GSF Mortgage comes in!

GSF Mortgage

At GSF Mortgage, we have a Home Improvement loan that can provide you the cash you need at the closing of your new home. After signing all those papers to make the home yours, we’ll hand you a check for half. With this, you can immediately begin to transform your new home into dream home status.

What kind of repairs does the 203k FHA Rehabilitation Mortgage cover?

Almost all updates and repairs to a home qualify under this new home improvement loan. From re-roofing the home, updating a bathroom, gutting a kitchen, and furnishing it with new appliances, to replacing the out of date wall to wall shag carpeting with hardwood floors are all covered under this loan.

Are you interested in purchasing a foreclosure?

If you are looking to buy a foreclosed home in Oshkosh, Appleton, Green Bay Wisconsin or the surrounding area, an FHA 203k loan may be beneficial to you. Almost all foreclosed homes need a little TLC. With this loan, you can include the needed costs to remodel or repair.

Call or apply online today to see if you qualify for an FHA 203k rehabilitation mortgage.



VA Home Loan Advantages for Wisconsin Veterans

Purchase with $0 Down or 100% cashout refinance.

Over the recent years, banks have put Wisconsin home ownership far out of reach of many prospective veteran buyers with their astronomic downpayment. Typically, these banks require 10 – 20% downpayment for conventional loans. 

VA mortgage, however, is one of the few loan programs in Wisconsin that allows veterans to finance 100% of the home’s value and purchase with zero down.

How much will $0 down save you?

No private monthly mortgage insurance

Closing costs may be paid by the sellers

no prepayment penalty if you pay off the loan early or make extra monthly payments

VA may be able to provide you some assistance if you run into difficulty making payments

VA funding fee can be included in the loan

Veterans receiving VA Disability compensation are exempt from the VA funding fee

You should also know that:

You don't have to be a first-time homebuyer

Veterans can reuse the benefit

VA-backed loans are assumable, as long as the person assuming the loan qualifies

Certain surviving spouses of deceased Veterans are eligible

Why GSF Mortgage:

As a direct writer of VA home loans we do everything in house from taking the application, processing, underwriting, & funding of the loan.  The benefit to you is you can close on your loan quickly.  Typically we close on most VA home loans within 30 days. Getting a VA home loan isn't different and stressful at GSF Mortgage. Put our expertise to work for you today.

What are you waiting for? 

Contact Ron Meyer at GSF Mortgage today to get qualified for a VA home purchase or a refinance up to 100% value of your home.



Conventional Loans

A conventional loan is one that isn't back by any government entity such as FHA or VA.  If you are putting less than 20% down you will be required to carry monthly mortgage insurance also know as private mortgage insurance (PMI).

What is the minimum downpayment?

Fannie Mae Home Ready Mortgage you can purchase a home with as little as 3% down.

Maximum loan limits by dwelling type

  • 1 unit is $453,100
  • 2 unit is $580,150
  • 3 unit is $701,250
  • 4 unit is $871,450

Types of properties eligible

  • Single Family Homes
  • 2, 3, or 4 unit properties
  • Condominiums

Second homes and rental investment properties unlike government backed loans are eligible for financing.

Ready to get started?  Give me a call or apply online today.



Wisconsin FHA streamline mortgage refinance with no appraisal or income documentation needed.

Do you know you can refinance your current Wisconsin FHA mortgage via the FHA Streamline Refinance Mortgage with no appraisal or income documents needed? Pretty amazing, huh?

Here is how

In order to enjoy this exclusive benefit, you need to first undertake a verbal verification. The purpose of this eligibility test is to make sure you are employed and have made the last 12 mortgage payments on time.

What’s more?

This loan gets even better! In addition, you will skip a month’s mortgage payment.

Give me a call or apply online to get your Wisconsin FHA Streamline Refinance started today.

USDA Rural Housing streamline refinance with no appraisal.

If you are unable to refinance your Wisconsin USDA Rural housing mortgage home loan because your home has dropped in value, here is good news for you.

Refinance your current mortgage loan with no appraisal

At GSF Mortgage we are always here to assist you. You can now refinance your current Wisconsin USDA Rural Housing Mortgage with no appraisal needed. Yes, this is correct! In fact, if you are upside down on your mortgage or have little or no equity, you can still refinance without needing an appraisal.

How to qualify

You will still need to qualify based on credit, employment, and income, but no appraisal needs.

Give me a call or apply online to get your no appraisal USDA Rural Housing Refinance started today.


Click here to view all loan programs.