GMFS offers a loan program that can help ease the burden of a higher monthly payment, with help from your builder or independent seller.
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Financial Education
The homestead exemption is a wonderful benefit. Consult with an accountant or tax professional for specific tax relief information.
In January 2023, Fannie Mae and Freddie Mac (Federal Housing Financing Agencies) announced changes to Loan Level Pricing Adjustments (LLPA).
Refinancing could mean big savings. Refinancing a mortgage means paying off your existing home loan and replacing it with a new one.
Lower Mortgage Insurance Premiums for FHA Loans
Beginning March 20, most FHA loans will carry lower mortgage insurance premiums. The average FHA borrower will save $800 per year
Debt Service Coverage Ratio Mortgage
The GMFS DSCR (Debt Service Coverage Ratio) products is for Property investors to feel good about their business purpose loan.
Self-employed borrowers may benefit from bank statement mortgage. Instead of a W2, we use 1-to-2 years of bank statements
New and Improved Rates for First-Time Homebuyers
Fannie and Freddie's rate adjustments motivate first-time home buyers under the median average income to apply for homeownership.
Expanded Products Help More Borrowers Qualify
It can be difficult for buyers to get a mortgage - especially if they have a thin credit history, are self-employed or contract workers.
What Rising Interest Rates May Mean For You
If you are planning a home purchase or any type of refinancing, like cash from home equity, it may pay to act before further increases.
Is now a good time to refinance?
Pent up equity positions can lead to significant cash flow improvements and/or funds available for significant household purchases
Benefits of Mortgage Insurance
Did you know mortgage insurance has benefits? Most of the time it is seen as an extra cost, but there may be real benefits