On Par GSF Blog

MILWAUKEE, WI (November 21, 2019) — GSF Mortgage Corporation (GSF) announces an all new website for potential partners to learn about the benefits of Single Close Construction Loans. SingleClosing.com will serve as a unique resource for brokers, correspondents and credit unions.

Wire fraud is a federal crime where someone tries to defraud another individual or entity of their money or property through electronic communications. Electronic communications can include phone, fax, email, text or even social media messaging.

Mortgage rates will fluctuate up and down based on the market. Rates can change daily, so you don't know what your rate will be until you lock it. By locking a rate, your lender is guaranteeing you that rate for a specific amount of time, typically 30-45 days. Once you lock your rate, it doesn’t matter if the market fluctuates. If you locked at 4 percent and rates go up, you still get the 4 percent. The risk is on...

Finding the right house with low inventory can be a struggle. However, you should not count out a home that may need a little TLC. 

The National Association of Home Builder (NAHB) recently held a five-day event in Washington DC to showcase the new building technologies and updated features for manufactured homes. 

If you've been thinking about buying a house, this summer is the time to do it. According to Jonathan Corr, President and CEO of Ellie Mae, purchase and refinance activity is on the rise.  He also stated that "closing rates remain well over 75% and with the Mortgage Bankers Association reporting solid purchase volume and new inventory on the rise, we could be in for a very robust summer home buying season".

There are many people debating whether they should renew the lease on their apartment or sign a contract to purchase their first home. Everyone should realize that, unless you are living with your parents rent-free, you are paying a mortgage - either yours or your landlord’s.

Once you submit your loan application, you will experience several stages of the loan process before your loan can get approved.

Which comes first?: Getting pre-approved and then searching for a home? Or, searching for a home and getting pre-approved once you found the home you love? If you said getting pre-approved and then searching for a home, you are correct!  

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.