Head for Home with Gershman Mortgage!

St. Louis, Missouri – May 15th

Attention First-Time Homebuyers

You’ve looked at houses online and thought, “Maybe one day,” long enough – you’re finally ready to buy your first home!

This is such an exciting time in a person’s life. But what are the first steps to take in this exciting, yet potentially daunting journey?

At Gershman Mortgage, our goal is to simplify this process as much as possible so that you can head for home without breaking a sweat!

Get Pre-Approved for a Home Loan

Before you start attending open houses and touring homes, it’s crucial to get a strong pre-approval.

At Gershman, we know how important it is for first-time homebuyers to quickly and easily get pre-approved.

Our home loan process was created with you in mind. It’s simple enough to complete over the phone, in person, or through our Gershman Mobile App. We will check and verify you have all of the required documents:

• W2 or 1099s for each job you’ve held over the past two years
• Personal and Business Tax Returns: for the last two years (if self-employed)
• Pay Stubs: for the last 30 days
• Bank Statements: for the last two months (all pages)
• Brokerage Statements: most recent (all pages)
• Driver’s License: an enlarged copy for borrower and co-borrower

Don’t Wait – Act Now to Get a First-Time Homebuyer Credit

Once this information is collected and processed by our lending team, we’ll get back to you with your pre-approval (and do a little happy dance with you)!

 ₁. And if you act now, you can take advantage of our First-Time Homebuyer $250 Lender Credit! To qualify, get pre-approved by July 31^st and close your new purchase by November 1^st.

Find Your Dream Home

Now that you’ve got your pre-approval and know how much you’ll be able to afford, it’s time to shop for a home!

Work with a real estate agent who knows exactly what you’re looking for, listens to your wants and needs, and uses their industry knowledge to help get you the best deal possible.

If you want help finding the perfect agent, reach out to us!

Complete the Loan Process

Once you and your agent have found your dream home and your offer has been, the loan process begins. You’ll lock in your interest rate and order your appraisal. Get a home inspection as well so you can learn the ins and outs of your soon-to-be home!

Enjoy Your Home

After your loan closes and you get your keys from the agent, it’s official: you now own your very own home. Congratulations! Decorate it how you see fit (Gershman Blue is always in style 😉), buy yourself a welcome mat, and kick up your feet. You are finally a homeowner! When you’re ready, contact a Gershman Mortgage Loan Officer so you can head for home this spring!

₁. Individuals purchasing a primary residence and haven’t owned a home in the past three years. Also includes a displaced homemaker or single parent who previously owned a home with a former spouse. Maximum discount is $250 per loan and will be a lender credit at closing.