Yesterday, the Federal Housing Finance Agency (FHFA) announced that the conventional loan limits will be increasing by 6.9% next year (2019). Conventional loans are also known as conforming loans. But there is no need to wait for 2019, because effective immediately – GMFS…
This GMFS Mortgage video explains the things you should NOT do while going through a home loan application process so that you can avoid complications, get approved and close on time.
With HomeStyle Renovation from GMFS Mortgage, you can take advantage of low down payment options whether you want to purchase a home that needs renovations or want to refinance to renovate your current home. Learn more
Refinancing a mortgage means paying off your existing home loan and replacing it with a new one. Refinance your home with GMFS Mortgage, its easy and a refi could save you a significant amount of money and/or improve your cash…
Why Might a Home Loan Closing be Delayed? In this GMFS Mortgage video we discuss common reasons a home loan closing might be delayed including failure to properly acknowledge the Closing Disclosure (CD) document, if APR increases over 1.25% or…
Concerned About Saving for Your First Down Payment? A big misconception among first-time home buyers is that you need a 20% down payment to purchase a home. Several home loan programs now have minimum down payment options resulting in…
Wondering if You are Qualified to be a Homeowner? Are you wondering if you are qualified to be a homeowner? In this GMFS Mortgage video we discuss a range of home loan programs with varying minimum qualifications and features such…
What Does a Loan Officer do? This GMFS Mortgage video explains how Loan officers, often referred to as mortgage loan originators, are people who help borrowers acquire loans such as mortgages from banks and lending institutions. Loan officers work directly…