FHA USDA mortgage calculator APP for Apple

FHA USDA mortgage calculator Apple App automatically calculates your Wisconsin monthly mortgage payment including up front and monthly mortgage insurance.

Are you tired of seeing all the mortgage calculators that show a $200,000 home with only an $800 payment per month? When you read the fine print it doesn't include taxes, insurance, mortgage insurance and you have to put at least 20% down.

This mortgage calculator app is simple to use and will give you a more accurate total mortgage payment including the cost of USDA guarantee fee & FHA's Up front mortgage insurance along with the monthly mortgage insurance "PMI". It also includes the cost of home insurance & real estate taxes that you will be escrowing for.

Download on the App store today

For Android users


Let me know what you think.

Ron Meyer
(920) 213-0428
www.gsfron.com
rmeyer@gogsf.com
Home of the no appraisal refinance
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Why you should buy a home now vs rent

I hear all the time people say for what I'm paying in rent I could own a house. You can purchase a home with no money down via USDA Rural Housing or with a VA loan if you are a veteran. FHA also has financing with downpayments as little as 3.5%

With spring here now is a great time to get preapproved to purchase a home. Interest rates are still very low and are expected to rise throughout the year. In addition the housing market is heating up and we are seeing a rise in home values. Buying a home now makes a lot of sense vs waiting until fall when interest rates and home prices could be higher.

Even if you have been turned down in the past for financing now is a great time to see if you can get preapproved to buy a home. Lenders have loosened up their qualifications including lowering the minimum credit scores and allowing higher debt to income ratios.

Contact me today to get preapproved to purchase a home and start building equity in your home vs your landlords.

Ron Meyer
(920) 213-0428
www.gsfron.com
rmeyer@gogsf.com
Home of the no appraisal refinance
Email subscribe to receive future updates.

Escrow shortage & why my Wisconsin mortgage payment went up

Escrow shortage and why my Wisconsin mortgage payment went up


I get asked the following question every spring. Why did my Wisconsin monthly mortgage payment go up when I have a fixed rate? It doesn’t matter if you have an FHA, VA, or Conventional mortgage as long as you escrow for real estate taxes & home insurance your monthly payment will adjust each year. The fixed part of your payment is the principal & interest.

In the spring your lender will do an escrow analysis of the prior years payments. If your taxes or insurance went up or down they will adjust the amount that goes into your escrow account resulting in either a higher or lower total monthly mortgage payment.

If your real estate property taxes recently went down you can request an escrow analysis at anytime. The lender will typically request you send them a copy of the most recent tax bill & home insurance. If your assessment went down, but you don’t have a new tax amount they typically won’t adjust your escrow until after the new tax bill comes out.

Ron Meyer
(920) 213-0428
www.gsfron.com
rmeyer@gogsf.com
Home of the no appraisal refinance
Email subscribe to receive future updates.
NMSL 222688

Use Wisconsin tax return for downpayment on home purchase

Tired of paying rent with nothing to show for it? Use your Wisconsin tax return as a downpayment to buy a home. GSF Mortgage has many loan programs available to help you out whether you are a first time homebuyer or a current homeowner looking to move into a larger home.

FHA Mortgage with as little as 3.5% down which can be gifted
VA & USDA Rural Housing loans with 100% financing no money down
Conventional loans with as little as 5% downpayment.

Give Ron Meyer at GSF Mortgage in Little Chute, Wisconsin a call today at 920-788-9608 or apply online at www.gsfron.com to get preapproved today while rates are still low and before home values go higher this year.

Ron Meyer
(920) 788-9608
www.gsfron.com
rmeyer@gogsf.com
Home of the no appraisal refinance
Email subscribe to receive future updates.

GSF Mortgage Black Friday Sale 2013

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.

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.

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.