If you’re a homeowner that itemizes tax deductions, you can deduct your mortgage interest for qualified primary and secondary residences bought, built or improved. It’s one of the many benefits of homeownership! What is the Mortgage Interest Rate Deduction The…
GMFS Mortgage debt consolidation program is designed to simplify your finance and help you become debt-free. GMFS can offer relief from managing multiple debts. Whether you’re looking to pay off credit card debt, car loans, or other high-interest loans, we…
HomeStyle Renovation Loans Struggling to get your home repaired because of a high insurance deductible? Take advantage of the untapped equity in your home with a home renovation loan! Make home renovations or updates Build a pool Up to 97%…
Can I get a mortgage using cryptocurrency? Did you know you can count cryptocurrency like bitcoin as an asset for your mortgage? The requirements for bitcoin, cryptocurrency, or coin based assets for home loans include: Must be converted to U.S….
How a 2/1 buydown may be able to lower your monthly housing payment When interest rates were at historic lows, a typical fixed rate mortgage loan was all most people needed. Now, rates have risen and borrowers may be looking…
Applying for Homestead Exemption Please remember to apply for your homestead exemption if you have not done so already! The homestead exemption is a wonderful benefit for homeowners. Consult with an accountant or tax professional for specific tax relief information….
LLPA Myth Busting: The Truth about New Fee Changes In January 2023, Fannie Mae and Freddie Mac (Federal Housing Financing Agencies) announced changes to Loan Level Pricing Adjustments (LLPA). Some of these changes include factoring in a borrower’s debt-to-income…
Is it Time to refinance? According to ATTOM Data Solutions, 48.5% of mortgaged residential properties in the U.S. were considered equity-rich with 50% in available equity at the end of Q3 2022. Pent up equity positions, even in these market…