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…
What is a FICO score? Back in 1956, an engineer named William Fair and a mathematician named Earl Isaac came up with a formula to calculate the first credit scoring system. This calculation measures a consumer’s credit risk and has…
What is a Title Company? When you buy real estate, of course you don’t want to pay for property that the person selling to you doesn’t actually own. A title company helps ensure you do not. A title company ensures the buyer…
Discover the Financial Freedom That Comes with Being a Homeowner On a day when we’re celebrating our freedom as a nation, what better time to consider your personal financial freedom? Owning a home is a smart way to invest in…
Protecting your credit score is critical when you’re in the process of buying a new home. Your rate and loan costs could be affected by even a slight change – adding to the list of reasons to protect your credit…
Do It Yourself! … Or Not: 3 Home Improvement Projects You Can Finish in a Day and When to Hire a Contractor or a Handyman Looking for a few ways to freshen up your home without breaking the bank or…
As home values continue to rise, GMFS Mortgage has been helping homeowners like you use the untapped equity in your house as a tool to consolidate higher interest debt and to provide cash for other needs, such as, remodeling, adding on to your…
Spring/Summer 2018 prove a “hot” time to buy with mortgage rates remaining level at 4.55%, continuing a three-week trend. “The minimal movement of mortgage rates in these last three weeks reflects the current economic nirvana of a tight labor market, solid…