Category

FHA

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Lower Mortgage Insurance Premiums for FHA Loans

Beginning March 20, most FHA loans will carry lower mortgage insurance premiums. The average FHA borrower will save $800 per year
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FHA and VA Loan Credit Score down to 580 and 600

Great news! GMFS Mortgage is now offering FHA Loans down to 580 credit score & VA Loans down to 600 credit score.
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Student Loan Relief Options for Prospective Buyers

FHA has made changes that may allow prospective buyers with student loans more flexibility.  FHA will now take income based repayment or .5%
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FHA and VA Loans Down to 620

FHA and VA Loans may accept FICOS down to 620. Contact a GMFS Mortgage Loan Officer today to see if you qualify!