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…
What Does a Loan Officer do?
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…
How Does Student Loan Debt Impact Your Ability to Become a Homeowner?
How Does Student Loan Debt Impact Your Ability to Become a Homeowner? This video from GMFS Mortgage helps explains how having student loan debt does not mean you cannot qualify for a mortgage. As with most financing, your debt to…
Concerned About Your Credit Score?
Concerned About Your Credit Score? This video from GMFS Mortgage helps explains how your credit score is one of the key factors in determining what type of mortgage and interest rate you qualify for. The higher your score, the lower…