FHA and VA Loan Credit Score down to 580 and 600
Great news! GMFS Mortgage is now offering FHA Loans down to 580 credit score & VA Loans down to 600 credit score.
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Financial Education
Mortgage rates are on the rise, and the more they go up, the more your purchasing power goes down. If you're ready to buy, make your move now
Cash-Out Refinance is when you use your home’s equity to refinance for more than the outstanding balance owed on your current mortgage.
How Higher Interest Rates Can Affect Your Buying Power
While mortgage interest rates remain near historic lows, they’ve started creeping up. If you’re ready to buy a home, don’t wait.
It's a new year, take a mortgage holiday in 2022! Close in January and take a two (2) month payment holiday
Student Loan Relief Options for Prospective Buyers
FHA has made changes that may allow prospective buyers with student loans more flexibility. FHA will now take income based repayment or .5%
Will rising inflation drive mortgage rates higher?
The strong economic growth and inflation data released this week was mostly in line with expectations, and mortgage rates with little change.
Homes selling at fastest pace on record
Gone in a flash! Homes are selling faster than ever. With record-low inventory and intense demand, homebuyers face fierce competition.
FHA and VA Loans may accept FICOS down to 620. Contact a GMFS Mortgage Loan Officer today to see if you qualify!
Homeownership provides a sense of stability, is an excellent investment, and can even help you save on your taxes.