Getting Ready to Buy a Home
Preparing To Get A Home – Tips You Should Know About Your Mortgage! So you’re tired of renting and think it is finally time to own a home? Before making the leap to home ownership, there’s one question you will…
FHA Loan Limit Increase 2020
Great news! FHA Loan Limit Increases for 2020 New 2020 Loan Limit for FHA one-unit property: $331,760 Read HUD Announcement Get pre-qualified with our award-winning team today!
Conventional Loan Limit Increase 2020
GMFS is now accepting new applications with increased 2020 conventional loan limits! The Federal Housing Finance Agency (FHFA) announced Tuesday that conventional loan limits are increasing. The new 2020 base loan limit in most of the country will be $510,400 (a…
10 Steps to Buy A Home This Summer
At GMFS Mortgage, we make the home buying process easy! If you are thinking of buying a home for the first time, you may not know where to start. 10 Steps to Buying a Home 1) Save for a…
Today’s Homebuyer
The Market for Today’s Homebuyer Today’s homebuyers are looking for a single-family home. This accounts for about 82% of the market. The average purchase price for a home is $250,000 with a 13% down payment. For first time buyers, this down…
Video: What Not to Do When Applying for a Home Loan
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.
Concerned About Saving for Your First Down Payment?
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?
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…