Category

Financial Education

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Mortgage Interest Rate Deduction

If you're a homeowner that itemizes tax deductions, you can deduct your mortgage interest for qualified residences bought, built or improved
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Debt Consolidation

GMFS Mortgage debt consolidation program is designed to simplify your finance and help you become debt-free.
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Renovation Loans

GMFS Mortgage offers flexible home construction and renovation loans that often are less costly than other financing options.
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Cryptocurrency and Mortgages

The requirements for bitcoin, cryptocurrency, or coin based assets for home loans include: Must be converted to U.S. currency...
Flyer explaining GMFS Mortgage's 2-1 Buydown Program for consumers.

2/1 Buydown

GMFS offers a loan program that can help ease the burden of a higher monthly payment, with help from your builder or independent seller.

Homestead Exemption

The homestead exemption is a wonderful benefit.  Consult with an accountant or tax professional for specific tax relief information.
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LLPA Myths Busted!

In January 2023, Fannie Mae and Freddie Mac (Federal Housing Financing Agencies) announced changes to Loan Level Pricing Adjustments (LLPA).
is it time to refinance

Is it Time to Refinance?

Refinancing could mean big savings. Refinancing a mortgage means paying off your existing home loan and replacing it with a new one.
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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
Beautiful home with well-maintained landscaping in the front yard bought with a mortgage from GMFS Mortgage

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.
A family enjoying breakfast together in their new home, purchased with the help of GMFS Mortgage.

Bank Statement Programs

Self-employed borrowers may benefit from bank statement mortgage. Instead of a W2, we use 1-to-2 years of bank statements
Banner highlighting first-time homebuyer programs at GMFS Mortgage.

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.