Ron Meyer is a Wisconsin licensed Sr. Loan Originator NMLS #222688 with GSF Mortgage Corporation NMLS #1018 located at 300 Patriot Dr. Little Chute, WI 54140 We specialize in financing purchases and refinancing home loan mortgages for all of Wisconsin. As a local lender we pride ourselves on offering quality service before and after your closing. Our underwriting is all done in house, allowing us to have quicker than normal processing time of your loan.
Friday, June 24, 2011
Week 9 Brewers contest ends July 1st Open Houses June 26th
Welcome to week 9 of the Brewers contest. This week guess the total runs the Brewers will score in the series against the Minnesota Twins on June 24th to 26th. Goto gsfron on facebook select like at the top of the page and post in the comments section under week 8 your prediction.
All correct entries will be entered into a drawing and 1 person will win a $10 Subway Gift Card. You must guess the correct total runs scored by the Brewers. Only 1 entry per person and all entries must be received by 6pm central time June 24th.
Alright let’s get to this weeks open houses on Sunday June 26th.
I picked out some excellent homes to see in Kaukauna
First up in Kaukauna is an Open house from 3 to 4 by Mau Realty
at 117 Woodland Ct
This home has 3 bedrooms with 1 bath with 2 ½ car garage and is 1200 sq ft.
Listing price $119,500
Next is an Open House from 1 to 4pm by realon
at 1408 Glenview
This home has 3 beds 1 full bath and is 1280 sq ft with 2 car detached garage.
Listing price $124,500
In Menasha is an open house from 2 to 3. by Bonnie Brandenburg
At 717 Appleton St
This home has 3 bedroom 1 bath with dettached 2 and a half car garage and is 1388 sq ft
listing price $106,900.
Next is an Open house from 12:30 to 1:30 by Diane Boucher
At 915 Harding St in Menasha
This home has 3 bedroom 1 bath 2 and a half car garage and is 1552 sq ft.
Listing price $127,900.
If you are a home seller or real estate agent and have a great open house coming up, contact me today to have your home featured in an upcoming edition.
I hope you found this information helpful. If you know of others who would like this information, please email, forward or share it with them.
Have a great weekend and Happy House Hunting
Friday, June 17, 2011
Week 8 Brewers contest & Open Houses June 19th
Welcome to week 8 of the Brewers contest. This week guess the total runs the Brewers will score in the series against the Minnesota Twins on June 24th to 26th. Goto gsfron on facebook select like at the top of the page and post in the comments section under week 8 your prediction.
All correct entries will be entered into a drawing and 1 person will win a $10 Subway Gift Card. You must guess the correct total runs scored by the Brewers. Only 1 entry per person and all entries must be received by 6pm central time June 24th.
This weeks open houses on Sunday June 19th.
I picked out some excellent homes to see in Neenah & Appleton
First up in Neenah is an Open house from 10:30 to 11:30 by Dawn Christensen
at 2424 Marathon Ave
This home has 4 bedrooms with 2 and a half baths oversized attached 3 car garage is on a wooded lot and is 3034 sq ft.
Listing price $249,900
Next is an Open House from 2 to 3pm by Sue Bohlen
at 3634 Fairview Rd in Neenah
This home has 3 beds 2 full baths and is 1524 sq ft with 2 car garage and 1200 square foot shop on 3.36 acres.
Listing price $239,900
In Appleton is an open house from 12:00 to 1:00 by Tami Sankey
At 4729 W Chicory Lane
This home has 4 bedroom 2 and a half baths with attached 3 car garage and is 2925 sq ft
listing price $259,900.
Next is an Open house from 12:30 to 1:30 by Eric & Michelle Bockhorn
At 316 E Carrington Lane in Thornbrook Estates in Appleton
This home has 4 bedroom 3 and a half baths and is 3006 sq ft.
Listing price $264,900.
If you are a home seller or real estate agent and have a great open house coming up, contact me today to have your home featured in an upcoming edition.
I hope you found this information helpful. If you know of others who would like this information, please email, forward or share it with them.
Have a great weekend and Happy House Hunting
Wednesday, June 15, 2011
Making An Offer
MAKING AN OFFER
Buying a home may be the largest single purchase you will ever make. Such a major step requires exceptional care and planning. As the prospective buyer, you and the seller will be entering into a series of legally binding contracts, such as a Purchase & Sales Agreement. To avoid any potential misunderstandings over contractual liabilities and ownership issues when purchasing a home, the safest and most cost effective course you can take to protect your
investment is to seek well- qualified professionals to guide you through the contractual process. Listed below are a few points you may want to consider when making an offer on a home.
What do I need to consider when making an offer on a home?
As a home buyer you will need to understand your contractual liabilities and obligations when making an offer on a home. You should pay particular attention to the terms and conditions written in the Purchase & Sales Agreement. By signing a Purchase & Sales Agreement you are entering into a legally binding contract. If you do not live up to your part of the agreement, you may forfeit part or all of your deposit and could be subject to additional financial costs.
What is the Purchase and Sales Agreement?
A Purchase and Sales Agreement (P&S) is a written offer explaining your terms and conditions for purchasing a property. The P&S spells out a basic description of the property, the terms and conditions of the sale, and a projected date or time frame for the closing. Typically, the real estate agent will offer a standard P&S form to which any special conditions may be added, such as specific appliances you want included in the purchase price. It is highly recommended that a contingency for a satisfactory home inspection be included. Neither party should enter into a P&S without being absolutely certain they understand and agree to its contents. Remember that no "understanding" or agreement is enforceable unless it is written into the P&S. The safest course is to have a lawyer review the agreement before it is signed.
As the buyer, you should review the language in the proposed P&S carefully and take the time to discuss any questions with your own agent and/or a lawyer. When the P&S is acceptable, sign it and return the contract with a deposit. To accept your offer the seller will also sign the P&S, at which point the contract becomes legally enforceable.
If you have any questions about making an offer, please give me a call.
Oh, By the Way…whenever you come across people who are thinking about buying, selling or refinancing a home and would appreciate the same level of service I provide to you, please forward their name and telephone number to me. I will gladly follow up and offer them the high-quality service you currently receive!
Ron Meyer
GSF Mortgage Corporation
920-788-9608
920-213-0428 cell
rmeyer@gsf-mortgage.com
http://www.getapprovedfast.com/
www.twitter.com/gsfron
www.facebook.com/gsfron
I am giving away a Bernie Brewer lawn ornament July 1st on Facebook.
© 2007 GSF/HBRC
Buying a home may be the largest single purchase you will ever make. Such a major step requires exceptional care and planning. As the prospective buyer, you and the seller will be entering into a series of legally binding contracts, such as a Purchase & Sales Agreement. To avoid any potential misunderstandings over contractual liabilities and ownership issues when purchasing a home, the safest and most cost effective course you can take to protect your
investment is to seek well- qualified professionals to guide you through the contractual process. Listed below are a few points you may want to consider when making an offer on a home.
What do I need to consider when making an offer on a home?
As a home buyer you will need to understand your contractual liabilities and obligations when making an offer on a home. You should pay particular attention to the terms and conditions written in the Purchase & Sales Agreement. By signing a Purchase & Sales Agreement you are entering into a legally binding contract. If you do not live up to your part of the agreement, you may forfeit part or all of your deposit and could be subject to additional financial costs.
What is the Purchase and Sales Agreement?
A Purchase and Sales Agreement (P&S) is a written offer explaining your terms and conditions for purchasing a property. The P&S spells out a basic description of the property, the terms and conditions of the sale, and a projected date or time frame for the closing. Typically, the real estate agent will offer a standard P&S form to which any special conditions may be added, such as specific appliances you want included in the purchase price. It is highly recommended that a contingency for a satisfactory home inspection be included. Neither party should enter into a P&S without being absolutely certain they understand and agree to its contents. Remember that no "understanding" or agreement is enforceable unless it is written into the P&S. The safest course is to have a lawyer review the agreement before it is signed.
As the buyer, you should review the language in the proposed P&S carefully and take the time to discuss any questions with your own agent and/or a lawyer. When the P&S is acceptable, sign it and return the contract with a deposit. To accept your offer the seller will also sign the P&S, at which point the contract becomes legally enforceable.
If you have any questions about making an offer, please give me a call.
Oh, By the Way…whenever you come across people who are thinking about buying, selling or refinancing a home and would appreciate the same level of service I provide to you, please forward their name and telephone number to me. I will gladly follow up and offer them the high-quality service you currently receive!
Ron Meyer
GSF Mortgage Corporation
920-788-9608
920-213-0428 cell
rmeyer@gsf-mortgage.com
http://www.getapprovedfast.com/
www.twitter.com/gsfron
www.facebook.com/gsfron
I am giving away a Bernie Brewer lawn ornament July 1st on Facebook.
© 2007 GSF/HBRC
Friday, June 10, 2011
win a Bernie Brewer lawn ornament. Week 7 Brewer contest.
Don't forget to like us on Facebook for your chance to win a Bernie Brewer lawn ornament. If I get 200 likes I will giveaway on July 1st. Just like on facebook and click on the bernie brewer photo at the top and like it.
Week 7 Brewers contest ends June 17th. Open houses for Sunday June 12th.
Welcome to week 7 of the Brewers contest. This week guess the total runs the Brewers will score in the series against the Boston Red Sox on June 17th to 19th. Goto http://www.facebook.com/gsfron select like at the top of the page and post in the comments section under week 7 your prediction.
All correct entries will be entered into a drawing and 1 person will win a $10 Subway Gift Card. You must guess the correct total runs scored by the Brewers. Only 1 entry per person and all entries must be received by 6pm central time June 17th.
Open houses on Sunday June 12th.
First up in Appleton is an Open house from 1:30 to 2:30 at 3609 Trillium Lane
This home has 4 bedrooms with 2 and a half baths attached 3 car garage and is 3335 sq ft.
Listing price $277,700
Open House from 2 to 3pm at 19 Meadowbrook Ct. in Appleton
This home has 4 beds 2 and a half baths and is 2940 sq ft with 2 and a half car garage.
Listing price $279,900
In Combined Locks is an open house from 12:30 to 1:30 at 614 Marcella St
This home has 3 bedroom 2 baths with detached 2 car garage and is 1530 sq ft
listing price $114,900
Open house from 1:30 to 2:30 at 150 S James St in Kimberly
This home has 8 bedroom 1 with and is 1922 sq ft.
Listing price $99,900.
If you are a home seller or real estate agent and have a great open house coming up, contact me today to have your home featured in an upcoming edition.
I hope you found this information helpful. If you know of others who would like this information, please email, forward or share it with them.
Thursday, June 9, 2011
Understanding Mortgage Insurance
UNDERSTANDING MORTGAGE INSURANCE
If you put less than 20% down on the purchase of your property, you could be required to pay for mortgage insurance in addition to your mortgage payment. Mortgage insurance, (sometimes called private primary mortgage insurance, private mortgage insurance, or PMI) protects the lender in the event that you default on the loan. The premium is typically added to your monthly mortgage payment as part of your principal, interest, taxes, and insurance (PITI). The less you put down, the higher the monthly premium and vice versa. First-time home buyers with limited income are often shocked by the monthly cost of mortgage insurance. Mortgage insurance companies have come up with a couple of ways to take the sting out of the PMI premium.
Lender Paid Mortgage Insurance: Mortgage insurance companies give a discounted rate for lender paid mortgage insurance. The lender pays the entire amount upfront and passes the cost on to the borrower through a higher interest rate. Even with this higher interest rate, the borrower’s monthly payment is often lower than options where the borrower pays monthly mortgage insurance in addition to their mortgage payment.
Financed/Borrower Paid Mortgage Insurance: A one-time premium is added to the amount of the first mortgage resulting in a slightly higher mortgage payment, but still a considerable cost savings over making the mortgage insurance payments separately. These loans often include a loan-to-value over 100%; however, the mortgage, including financed mortgage insurance, is fully insured by Mortgage Insurance companies. Borrowers retain the option to cancel mortgage insurance according to lender guidelines and receive a refund of the unamortized portion. Lower monthly payments allow borrowers access to a higher mortgage or more expensive home.
Government Insurance: While shopping for a mortgage, you may hear about federal mortgage insurance programs that offer lower down payment requirements than conventional mortgage products. Your lender will underwrite, process, and close your loan, which is then insured by the specific government program. Here are a few government insurance programs you should ask about.
• Federal Housing Administration (FHA): A federal agency within the Department of Housing and Urban Development (HUD) that provides mortgage insurance for residential mortgages and sets standards for construction and mortgage underwriting.
• Veterans Administration (VA): A federal agency that, among other things, helps eligible veterans purchase housing at an affordable interest rate and term and low mortgage insurance premiums.
If you have any questions about mortgage insurance, please give me a call.
Oh, By the Way…whenever you come across people who are thinking about buying, selling or refinancing a home and would appreciate the same level of service I provide to you, please forward their name and telephone number to me. I will gladly follow up and offer them the high-quality service you currently receive!
Ron Meyer
GSF Mortgage Corporation
920-788-9608
920-213-0428 cell
rmeyer@gsf-mortgage.com
http://www.getapprovedfast.com/
www.twitter.com/gsfron
www.facebook.com/gsfron like on facebook and your automatically entered to win a Bernie Brewer lawn ornament.
© 2007 GSF/HBRC
If you put less than 20% down on the purchase of your property, you could be required to pay for mortgage insurance in addition to your mortgage payment. Mortgage insurance, (sometimes called private primary mortgage insurance, private mortgage insurance, or PMI) protects the lender in the event that you default on the loan. The premium is typically added to your monthly mortgage payment as part of your principal, interest, taxes, and insurance (PITI). The less you put down, the higher the monthly premium and vice versa. First-time home buyers with limited income are often shocked by the monthly cost of mortgage insurance. Mortgage insurance companies have come up with a couple of ways to take the sting out of the PMI premium.
Lender Paid Mortgage Insurance: Mortgage insurance companies give a discounted rate for lender paid mortgage insurance. The lender pays the entire amount upfront and passes the cost on to the borrower through a higher interest rate. Even with this higher interest rate, the borrower’s monthly payment is often lower than options where the borrower pays monthly mortgage insurance in addition to their mortgage payment.
Financed/Borrower Paid Mortgage Insurance: A one-time premium is added to the amount of the first mortgage resulting in a slightly higher mortgage payment, but still a considerable cost savings over making the mortgage insurance payments separately. These loans often include a loan-to-value over 100%; however, the mortgage, including financed mortgage insurance, is fully insured by Mortgage Insurance companies. Borrowers retain the option to cancel mortgage insurance according to lender guidelines and receive a refund of the unamortized portion. Lower monthly payments allow borrowers access to a higher mortgage or more expensive home.
Government Insurance: While shopping for a mortgage, you may hear about federal mortgage insurance programs that offer lower down payment requirements than conventional mortgage products. Your lender will underwrite, process, and close your loan, which is then insured by the specific government program. Here are a few government insurance programs you should ask about.
• Federal Housing Administration (FHA): A federal agency within the Department of Housing and Urban Development (HUD) that provides mortgage insurance for residential mortgages and sets standards for construction and mortgage underwriting.
• Veterans Administration (VA): A federal agency that, among other things, helps eligible veterans purchase housing at an affordable interest rate and term and low mortgage insurance premiums.
If you have any questions about mortgage insurance, please give me a call.
Oh, By the Way…whenever you come across people who are thinking about buying, selling or refinancing a home and would appreciate the same level of service I provide to you, please forward their name and telephone number to me. I will gladly follow up and offer them the high-quality service you currently receive!
Ron Meyer
GSF Mortgage Corporation
920-788-9608
920-213-0428 cell
rmeyer@gsf-mortgage.com
http://www.getapprovedfast.com/
www.twitter.com/gsfron
www.facebook.com/gsfron like on facebook and your automatically entered to win a Bernie Brewer lawn ornament.
© 2007 GSF/HBRC
Sunday, June 5, 2011
What a mortgage payment consists of when buying a home in Wisconsin
HOME BUYER ADVISOR
Information you need to find the best home and the best loan in Wisconsin
Mortgages 101
One of the reasons that buying a home is such an emotional experience is because of the fact that not only do you have the actual house buying to deal with, but for most home buyers you also have the mortgage process to encounter. How smoothly this process goes depends greatly on the preparation of the buyer as well as the selection of an efficient mortgage company. To help you be as prepared as possible, read and refer back to the following advice during your mortgage process.
What a Mortgage Payment Consists Of:
1) Principal: The repayment of the original amount borrowed on a monthly basis.
2) Interest: The cost of borrowing the principal amount, repaid on a monthly basis.
3) Taxes: Real Estate taxes paid to a local government agency.
4) Insurance: Homeowners insurance on the home. Also any mortgage insurance, which is paid to protect the mortgage company.
The total of these items is known as the PITI (Principal/Interest/Taxes/Insurance) payment.
Types of Mortgages:
Fixed: A fixed term (for example, 15 or 30 years) as well as a fixed interest rate. The interest rate and term are fixed at the start of the mortgage. The monthly amount for the payment of principal and interest will not change during the term of the mortgage. Adjustable: Often referred to as an ARM (Adjustable Rate Mortgage). The interest rate on your mortgage will be adjusted up or down according to current interest rate levels. The monthly amount for your principal and interest payment will go up or down with these rate changes.
How Much Down?
One of the first questions that home buyers ask is "how much down payment are we going to need?" Unfortunately, there is no standard answer. Some buyers don’t put anything down, but as an average, most home buyers make down payments in the 5%-15% range, although your own personal situation may dictate more or less down payment. When you are factoring money for a downpayment, don't forget about closing costs, which will total in the 2-5% range, payable in cash at the time of closing.
If you would like more information about the mortgage process, please give me a call.
Oh, By the Way…whenever you come across people who are thinking about buying, selling or refinancing a home and would appreciate the same level of service I provide to you, please forward their name and telephone number to me. I will gladly follow up and offer them the high-quality service you currently receive!
Ron Meyer
GSF Mortgage Corporation
920-788-9608
920-213-0428 cell
rmeyer@gsf-mortgage.com
http://www.getapprovedfast.com/
www.facebook.com/gsfron
www.twitter.com/gsfron
© 2007 GSF/HBRC
Information you need to find the best home and the best loan in Wisconsin
Mortgages 101
One of the reasons that buying a home is such an emotional experience is because of the fact that not only do you have the actual house buying to deal with, but for most home buyers you also have the mortgage process to encounter. How smoothly this process goes depends greatly on the preparation of the buyer as well as the selection of an efficient mortgage company. To help you be as prepared as possible, read and refer back to the following advice during your mortgage process.
What a Mortgage Payment Consists Of:
1) Principal: The repayment of the original amount borrowed on a monthly basis.
2) Interest: The cost of borrowing the principal amount, repaid on a monthly basis.
3) Taxes: Real Estate taxes paid to a local government agency.
4) Insurance: Homeowners insurance on the home. Also any mortgage insurance, which is paid to protect the mortgage company.
The total of these items is known as the PITI (Principal/Interest/Taxes/Insurance) payment.
Types of Mortgages:
Fixed: A fixed term (for example, 15 or 30 years) as well as a fixed interest rate. The interest rate and term are fixed at the start of the mortgage. The monthly amount for the payment of principal and interest will not change during the term of the mortgage. Adjustable: Often referred to as an ARM (Adjustable Rate Mortgage). The interest rate on your mortgage will be adjusted up or down according to current interest rate levels. The monthly amount for your principal and interest payment will go up or down with these rate changes.
How Much Down?
One of the first questions that home buyers ask is "how much down payment are we going to need?" Unfortunately, there is no standard answer. Some buyers don’t put anything down, but as an average, most home buyers make down payments in the 5%-15% range, although your own personal situation may dictate more or less down payment. When you are factoring money for a downpayment, don't forget about closing costs, which will total in the 2-5% range, payable in cash at the time of closing.
If you would like more information about the mortgage process, please give me a call.
Oh, By the Way…whenever you come across people who are thinking about buying, selling or refinancing a home and would appreciate the same level of service I provide to you, please forward their name and telephone number to me. I will gladly follow up and offer them the high-quality service you currently receive!
Ron Meyer
GSF Mortgage Corporation
920-788-9608
920-213-0428 cell
rmeyer@gsf-mortgage.com
http://www.getapprovedfast.com/
www.facebook.com/gsfron
www.twitter.com/gsfron
© 2007 GSF/HBRC
Wednesday, June 1, 2011
GSF Mortgage Wisconsin Interest Rates June 1
Today's Rates for WI
Rates as of 6/1/11 at 11:35.
Conforming Interest Rates APR with no Points
30-year Fixed 4.375% 4.4%
20-year Fixed 4.125% 4.16%
15-year Fixed 3.5% 3.544%
3/1 ARM 2.75% 2.963%
5/1 ARM 2.75% 2.938%
7/1 ARM 3.125% 3.06%
Government Interest Rate APR
30-year Fixed 4.125% 5.01%
All rates based off a $165,000 loan amount, 25% down or equity required, 740 credit score, owner occupied single family residence with escrows, and no subordinate financing. APR is subject to change.
Rates as of 6/1/11 at 11:35.
Conforming Interest Rates APR with no Points
30-year Fixed 4.375% 4.4%
20-year Fixed 4.125% 4.16%
15-year Fixed 3.5% 3.544%
3/1 ARM 2.75% 2.963%
5/1 ARM 2.75% 2.938%
7/1 ARM 3.125% 3.06%
Government Interest Rate APR
30-year Fixed 4.125% 5.01%
All rates based off a $165,000 loan amount, 25% down or equity required, 740 credit score, owner occupied single family residence with escrows, and no subordinate financing. APR is subject to change.
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