On Par GSF Blog

As mortgage rates remain relatively low, and with tight inventory on moderately priced homes, now is the time to think about building your dream home.

MILWAUKEE, WI (April 15, 2019) – GSF Mortgage Corporation has been awarded a Top Workplaces 2019 honor, as well as the Work/Life Flexibility honor by The Milwaukee Journal Sentinel. The list is based solely on employee feedback gathered through a third-party survey administered by research partner Energage, LLC, a leading provider of technology-based employee engagement tools. The anonymous survey measures several...

MILWAUKEE, WI (April 11, 2019) —GSF Mortgage Corporation is excited to offer MH Advantage® Loans, opening the door for more prospective homebuyers.  MH Advantage® is a special mortgage loan for manufactured homes that have features typical of site-built single-family homes. 

Refinancing your home is when you pay off your existing mortgage and replace it with a new mortgage loan.  The old rule of thumb on refinancing was you needed to save one percent on your current rate.  Every homeowner has different financial goals and needs, so saving one percent shouldn't always be the deciding factor in refinancing.

Owning a home has long been presented as the ultimate financial and personal goal of Americans across the country. Whether it's to have their own place to call home or to build generational wealth, owning a home has provided purpose and value for several homeowners. That's because there are key advantages that homeownership brings. Here are a few benefits of owning a home: Equity Equity is a key benefit of...

You and your family are finally ready to move to your new home. Your mortgage loan was approved, your house passed inspection, your belongings are packed, and everyone is looking forward to moving day.  All that’s left is to attend your closing.

The Loan Estimate, discussed in last week’s blog, also includes certain disclosures that will enable you to see the total cost of your mortgage under the terms of your particular mortgage loan. The disclosure documents are required by law to inform you of the complete cost of your loan and allows you the opportunity to ask questions and understand how much you will pay for the mortgage loan you will get.

After you have completed your mortgage loan application process, your loan officer will provide you with a variety of documents outlining the costs associated with your loan, such as the Loan Estimate form, which is required by law and there for your protection.

There are 10 sections in the mortgage loan application and this week we cover the second half of the application. Your loan officer will assist you with many sections of this document, especially as they relate to the type of mortgage and terms of the mortgage loan. 

Last week’s blog we discuss the key professionals in the homebuying process.  This week we take a closer look at the forms and paperwork necessary to purchase a home.  The mortgage loan application is one of the first steps towards your dream of homeownership.