GSF Mortgage Black Friday sale.
Free Wisconsin home inspection on all Wisconsin mortgage home loans closed with Ron Meyer at GSF Mortgage in Little Chute, WI.
Not a person who gets up at 3am to go shopping and fight the large crowds to save a few bucks? GSF Mortgage has a Black Friday sale for you. Log onto www.gsfron.com and apply online for a home loan and get a free Wisconsin home inspection.
Free home inspection offer is valid for home loans that close with Ron Meyer at GSF Mortgage on or before February 14th, 2014. To receive your free home inspection type Black Friday in the comments section of the application. All applications must be received by Sunday December 1st, 2013 to be eligible for a free home inspection.
On closing day you will receive a reimbursement check for your home inspection up to $350.
Ron Meyer
(920) 213-0428
www.gsfron.com
rmeyer@gogsf.com
Home of the no appraisal refinance
Email subscribe to receive future updates.
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.
Wednesday, November 27, 2013
Tuesday, October 8, 2013
FHA Back to Work Wisconsin mortgages
FHA Back to Work program allows Wisconsin borrowers to purchase a home with a recent bankruptcy, foreclosure, deeds-in-lieu, and short sales. Some of the program highlights are as follows:
· Minimum FICO score of 640 for loan amounts <= $417,000; · Minimum Fico score of 660 for loan amounts > $417,000;
· Economic Event out of the borrowers control resulting in a reduction of household income of 20% or more for at least 6 months.
· Borrower must have reestablished a satisfactory credit history for at least 12 months;
· Borrower has fully recovered from the Economic Event;
· The borrower must have attended an approved housing counseling program at least 30 days but no more than 180 days prior to the initial loan application; and
· All other HUD requirements are met.
Give me a call or email me today to see if you qualify for this program.
Ron Meyer
(920) 213-0428
www.gsfron.com
rmeyer@gogsf.com
Home of the no appraisal refinance
Email subscribe to receive future updates.
· Minimum FICO score of 640 for loan amounts <= $417,000; · Minimum Fico score of 660 for loan amounts > $417,000;
· Economic Event out of the borrowers control resulting in a reduction of household income of 20% or more for at least 6 months.
· Borrower must have reestablished a satisfactory credit history for at least 12 months;
· Borrower has fully recovered from the Economic Event;
· The borrower must have attended an approved housing counseling program at least 30 days but no more than 180 days prior to the initial loan application; and
· All other HUD requirements are met.
Give me a call or email me today to see if you qualify for this program.
Ron Meyer
(920) 213-0428
www.gsfron.com
rmeyer@gogsf.com
Home of the no appraisal refinance
Email subscribe to receive future updates.
Tuesday, October 1, 2013
How your mortgage loan is affected by the government shutdown
Looking to close on the purchase of your home soon and have questions how the government shutdown with affect your mortgage home loan?
Here are some answer to questions. Please post a comment below if you have more information to share or a question.
Lenders are unable to order tax transcripts and SSA at this time. Transcripts are needed for all types of loans.
Conventional & VA loans are business as usual barring your lender has tax transcripts.
USDA Rural Development loans are on hold if you don't already have a conditional commitment. If you rec'd a conditional commitment already you shouldn't have an issue being able to close.
FHA loans FHA Connection is working. Lenders are able to order/update case numbers and order Caivrs
Watch your rate lock and stay in contact with your lender. Extending your lock could cost you money and the cost is determined by how long you need to extend if for. If your APR moves by more than .125% there is a mandatory 3 business day wait time to close once your new APR is disclosed.
Ron Meyer
(920) 213-0428
www.gsfron.com
rmeyer@gogsf.com
Home of the no appraisal refinance
Email subscribe to receive future updates.
Here are some answer to questions. Please post a comment below if you have more information to share or a question.
Lenders are unable to order tax transcripts and SSA at this time. Transcripts are needed for all types of loans.
Conventional & VA loans are business as usual barring your lender has tax transcripts.
USDA Rural Development loans are on hold if you don't already have a conditional commitment. If you rec'd a conditional commitment already you shouldn't have an issue being able to close.
FHA loans FHA Connection is working. Lenders are able to order/update case numbers and order Caivrs
Watch your rate lock and stay in contact with your lender. Extending your lock could cost you money and the cost is determined by how long you need to extend if for. If your APR moves by more than .125% there is a mandatory 3 business day wait time to close once your new APR is disclosed.
Ron Meyer
(920) 213-0428
www.gsfron.com
rmeyer@gogsf.com
Home of the no appraisal refinance
Email subscribe to receive future updates.
Tuesday, June 25, 2013
Rising Wisconsin Mortgage interest rates and how much you can afford.
Wisconsin mortgage interest rates have risen steadily the past month. With a sharp increase happening in the past few days alone.
Here's a breakdown how rising interest rates effect a monthly mortgage payment with a $150,000 balance for 30 years.
3.5% $673
4% $716
4.5% $760
5% $805
If you were approved for up to a $150,000 loan with a $716 payment you now would be approved for a $133,500 loan.
Contact me today to see how the change in interest rates will change how much home you can afford.
Ron Meyer
(920) 213-0428
www.gsfron.com
rmeyer@gogsf.com
Home of the no appraisal refinance
Email subscribe to receive future updates.
Here's a breakdown how rising interest rates effect a monthly mortgage payment with a $150,000 balance for 30 years.
3.5% $673
4% $716
4.5% $760
5% $805
If you were approved for up to a $150,000 loan with a $716 payment you now would be approved for a $133,500 loan.
Contact me today to see how the change in interest rates will change how much home you can afford.
Ron Meyer
(920) 213-0428
www.gsfron.com
rmeyer@gogsf.com
Home of the no appraisal refinance
Email subscribe to receive future updates.
Thursday, February 14, 2013
FHA raises monthly mortgage insurance
FHA monthly mortgage insurance premiums are going up for all new FHA case numbers assigned on or after April 1, 2013.
The monthly mortgage insurance premiums are being raised 10 bps on all loans <$625,500 and 5 bps on all mortgages > $625,500.
On a $150,000 loan 10 bps will equal about $12.50 more per month you will pay.
FHA is cancelling the automatic removal of monthly mortgage insurance once your loan to value is <78%.
The following loan to value % is based on at time loan is taken out and how long the monthly mortgage insurance will remain.
15 year <78-90% ltv 11 years
15 year >90% ltv life on the loan
>15 year term <90 % ltv 11 years
>15 year term >90% ltv life of the loan
If you are currently looking to purchase or refinance your Wisconsin mortgage save yourself some money by locking in and having your FHA case number pulled prior to April 1, 2013. The loan doesn’t need to close by April 1st, you just need to have your lender pull an FHA case number by then.
Ron Meyer
(920) 213-0428
www.gsfron.com
rmeyer@gogsf.com
Home of the no appraisal refinance
Email subscribe to receive future updates.
The monthly mortgage insurance premiums are being raised 10 bps on all loans <$625,500 and 5 bps on all mortgages > $625,500.
On a $150,000 loan 10 bps will equal about $12.50 more per month you will pay.
FHA is cancelling the automatic removal of monthly mortgage insurance once your loan to value is <78%.
The following loan to value % is based on at time loan is taken out and how long the monthly mortgage insurance will remain.
15 year <78-90% ltv 11 years
15 year >90% ltv life on the loan
>15 year term <90 % ltv 11 years
>15 year term >90% ltv life of the loan
If you are currently looking to purchase or refinance your Wisconsin mortgage save yourself some money by locking in and having your FHA case number pulled prior to April 1, 2013. The loan doesn’t need to close by April 1st, you just need to have your lender pull an FHA case number by then.
Ron Meyer
(920) 213-0428
www.gsfron.com
rmeyer@gogsf.com
Home of the no appraisal refinance
Email subscribe to receive future updates.
Friday, January 4, 2013
FHA USDA mortgage calculator app calculates mortgage insurance
FHA & USDA Rural Housing Wisconsin mortgage calculator app for Android.
click here for FHA & USDA app for Android
Looking for a calculator that calculates the total cost of your mortgage and not just the principal and interest? This application automatically calculates the monthly mortgage insurance "pmi". It also calculates automatically FHA's up front mortgage insurance premium and USDA guarantee fee.
If you are looking to get preapproved to purchase a home in Wisconsin give me a call or apply online.
Ron Meyer
(920) 213-0428
www.gsfron.com
rmeyer@gogsf.com
Home of the no appraisal refinance
Email subscribe to receive future updates.
click here for FHA & USDA app for Android
Looking for a calculator that calculates the total cost of your mortgage and not just the principal and interest? This application automatically calculates the monthly mortgage insurance "pmi". It also calculates automatically FHA's up front mortgage insurance premium and USDA guarantee fee.
If you are looking to get preapproved to purchase a home in Wisconsin give me a call or apply online.
Ron Meyer
(920) 213-0428
www.gsfron.com
rmeyer@gogsf.com
Home of the no appraisal refinance
Email subscribe to receive future updates.
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