Available Loan Products

Conventional

Conventional loans are loans that conform to Fannie Mae / Freddie Mac guidelines. Down payment amounts with as little as 3% down for first time homebuyers. Down payments of less than 20% require private mortgage insurance.

Jumbo

A jumbo loan is popular program if you want to buy a more expensive home (over $766,550). Variety of loan terms. Higher loan amounts up to $3,000,000.

Home Equity Loan

A home equity loan is a one-time installment loan that lets you use the equity in your home as collateral. It’s sometimes referred to as a home equity installment loan or HELOAN for short.

FHA

FHA loans are government backed loans allowing for a low down payment while keeping monthly costs down as well. FHA loans require mortgage insurance as part of the monthly payment regardless of the down payment.

USDA

A USDA loan is popular home loan option for qualifying rural communities. No down payment. Flexible credit guidelines. Lower monthly PMI.

Down Payment Assitance

DPA programs provide homebuyers with loans or grants to help cover the down payment and closing costs. Minimum credit score of 640 required. Multiple programs available.

A VA loan is popular program for active military personnel, veterans, and their families. No required down payment. No Private Mortgage Insurance.

Physician Program

A Doctors Only loan is a popular program for residents and doctors who want to purchase or refinance a home. 100% financing requiring no down payment. No PMI.

Speciality Financing

There are other niche products available. If you find yourself looking for a product not on this page we most likely have an option for you.

Learn about down payment options

FREE PRE-APPROVAL

NO HIDDEN FEES

GVC Mortgage is Indiana owned and operated. All of our loan processing, underwriting, and funding happens locally, which means your loan does not leave our Greater Indy office during the loan process.

TRUSTED PROPERTY
APPRAISALS

We do not use appraisal management companies, ensuring that all of our appraisals are done by experienced appraisers, who are very familiar with the Indianapolis area and surrounding counties.

COMMITMENT

PROMISE

We strive to meet the needs of all of our customers, whether you are a 1st time or an experienced homebuyer. That's why our commitment to you is simple: We promise to make the process of obtaining a mortgage as convenient, timely, and cost-effective as possible.