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See what Nichole Larmie has to say about Loan Officers Jennifer Smerek and Shari Wynn…

January 24, 2017

“Jennifer Smerek and the whole team at Gershman Mortgage were amazing
with securing my loan at a fantastic rate and also continuously mindful
of my needs during each step of the process-even after the loan was completed.
I can’t thank them enough for all of their help!”

Nichole Larmie

Credit and debt problems may not always disqualify mortgage applications

What Do You Need When Applying for a Mortgage?

 

What Do You Need When Applying for a Mortgage?

  • Identification

These may include a driver’s license, social security card, passport, birth certificate, marriage certificate or other government-issued identification.

  • W2s & Tax Returns

Be prepared to provide 2 years of W2s and federal tax returns. If you are self-employed, make sure you include all schedules and your profit and loss statements.

Are Recent Interest Rate Increases All Bad?

There’s certainly a negative knee-jerk reaction when we hear about the Fed increasing interest rates. Many people, especially those who are considering buying a home or those with variable rate mortgages, get pretty nervous when they hear about interest rates increasing. But there are two sides to every coin. Let’s dispel some misconceptions about interest rates and talk about their […]

Wishing you a Happy New Year!

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How Do I Refinance and What Does it Accomplish? – Infographic

How Do I Refinance and What Does it Accomplish?

  1. Know your credit history prior to meeting with a loan specialist. You can obtain a free credit report from a number of online credit reporting services.
  2. Contact Gershman Mortgage to learn about your refinancing options.
  3. Work with our loan specialist who will help you complete the application.
  4. Work with your loan […]

Do Increased Mortgage Rates Have Anything to Do with the Election?

Do Increased Mortgage Rates Have Anything to Do with the Election-In early November the 30-year fixed mortgage rate increased significantly, from 3.57% to 3.94%, which is more than is common in a two-week period. That being said, the rate was 3.97% during the same period in 2015, so it’s not exactly wildly […]

Merry Christmas

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Holiday Hours

Friday, December 23rd – Closed

Monday, December 26th – Closed

Friday, January 30th – Closing at 1:00 pm

Monday, January 2nd – Closed 

 

 

Outlook for US home prices in 2017