Category: Blog

Self-Employed? Here’s What You Should Know About...

There’s an idea floating around out there that it’s much harder to get a mortgage if you’re a business owner. That’s not true, but there are a few things to keep in mind, and you’ll need to provide …

GTG HONOR Program

GTG Financial is proud to present the Home Owners Noble Occupation Recognized (HONOR) program ​ Our mission is to recognize and reward those who selflessly provide exceptional services to our nation and its communities every day. We would …

I Have MORE Loan Documents To Sign?!

Leading up to the loan closing process you’ve completed a loan application, discussed loan options with your lender, received an initial loan estimate, submitted financial documentation, conducted a home appraisal and finally after an underwriter review, received an …

Easy Ways To Protect Your Home This Fall

It’s still sweltering for most of us, but cooler temps will be here before you know it. So much can go wrong with a house during the winter, but just a little babying will go a long way …

Mortgage Terms You Should Know.

You’re ready to get a mortgage and suddenly you start hearing and seeing all of these terms you’ve never heard before—APR, DTI, closing costs. What do they all mean, and most important, what do they all mean for …

Clear to Close! But, What Does That Mean?

You’ve given the underwriter your social security number, provided bank statements and explanations for every deposit to your account for what seems like a period of over ten years, emailed a thousand pages of tax returns, W2’s and …

My Loan Has Been Approved! Now What’s Next?

After dancing around hysterically once your home loan has been approved, it can feel like a huge weight has been lifted…. but that doesn’t mean you’re off the hook. The time between the mortgage approval and the final …

The Underwriting Process

On the fun scale, the mortgage underwriting process often feels like an exceptionally long dental appointment. You’ve dutifully gathered the mountain of documentation required to obtain a mortgage… or so you thought.  Your documents will be reviewed for thoroughness, …

Know Before You Owe. What Are Mortgage Disclosure...

he Real Estate Settlement Procedures Act (RESPA) requires that mortgage applicants receive several mortgage loan disclosure statements. These statements inform you about all the costs you’ll incur by obtaining a mortgage.  The purpose of the statements is to …

Gifted Funds

Saving a down payment is one of the most important—and often most challenging—aspects of purchasing a home. The larger your down payment, the less you have to finance. That in turn could lead to a lower interest rate …