When considering your next home, one big question stands out — is it cheaper to build or buy a home? Both options come with their own set of advantages and challenges, and what’s right for you depends on your needs,…
Buying a home is one of life’s most exciting milestones, but the journey can feel overwhelming without the right help. Understanding the role of loan officers is essential when navigating the home-buying process. These professionals guide borrowers through securing a…
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….
DSCR (Debt Service Coverage Ratio) for Property Investors Property investors have many options and should feel good about their business purpose loan. The GMFS DSCR (Debt Service Coverage Ratio) products are designed to give these valuable borrowers a real choice…
Fast Facts About the Housing Market Gone in a flash! Homes are selling faster than ever. With record-low inventory and intense demand, homebuyers face fierce competition. A record 41% of homes sold above list price during a 4-week period ending…
Good news. There have been updates to Government Loan Fico Score requirements that may allow more borrowers to qualify! FHA and VA Loans may accept FICOS down to 620! Contact a GMFS Mortgage Loan Officer today for a no-obligation consultation…