Category: Loan Type

What Is Home Equity Line Of Credit & Will It ...

If you need money to fund a home improvement project or have experienced an expensive medical emergency, you may have heard other homeowners talk about taking out a home equity line of credit. But what is it and …

Conforming Loan Limits Increase in 2019

After not increasing the maximum conforming loan limits on mortgages to be acquired by Fannie Mae and Freddie Mac for 10 years, the Federal Housing Finance Agency has now increased the conforming loan limit for the third straight year.The FHFA announced on 11/27 that …

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 …

What Different Types of Mortgages Are Out There??

If you’re planning on buying a home in the near future, you have probably been lost down a path of what feels like never ending research, and are well aware there are many different types of home loans …

What Is a Mortgage Impound Account?

By now, you’ve likely heard the term “escrow” more than a few times throughout your home buying experience. However, the role of a mortgage escrow impound account is very different than the real estate escrow account used by …

What is the Difference Between Investment Property...

Whether a residence is classified as a second home or an investment property, matters when it comes to mortgage loans. People sometimes use the terms “investment property” and “second home” interchangeably to describe real property that is not their primary …