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Posts Categorized: Refinance

Credit & Economics

Refinancing for Debt Consolidation

Needing debt consolidation? We can help! As interest rates on cars and credits cards climb, managing your consumer debt can be a challenge.  The average rate on existing credit card debt has risen to over 21% just in 2024. That…

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Financial Education

Does it still benefit to Refinance?

Debt Consolidation can help provide monthly relief. Mortgage interest rates may sometimes be a bargain compared to other consumer installment rates, like high interest credit card loans. The total interest, term and your cash flow savings could make a significant…

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Financial Education

Is a Debt Consolidation Mortgage Right for Me?

GMFS Mortgage debt consolidation program is designed to simplify your finance by combining all of your debts into one manageable monthly payment with a lower interest rate and a clear path to becoming debt-free. Whether you’re looking to pay off…

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FHA

FHA 100% Financing Loan

Did you know eligible homebuyers could qualify for a 100% financing, meaning no down payment, through an FHA loan? GMFS Mortgage is excited to offer more no down payment mortgages to qualified homebuyers! Down Payment Assistance for FHA Loans program…

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Financial Education

Debt Consolidation

GMFS Mortgage debt consolidation program is designed to simplify your finance and help you become debt-free. GMFS can offer relief from managing multiple debts. Whether you’re looking to pay off credit card debt, car loans, or other high-interest loans, we…

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Financial Education

Is it Time to Refinance?

Is it Time to refinance? According to ATTOM Data Solutions, 48.5% of mortgaged residential properties in the U.S. were considered equity-rich with 50% in available equity at the end of Q3 2022. Pent up equity positions, even in these market…

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Credit & Economics

What Rising Interest Rates May Mean For You

Rate Watch In an effort to quell inflation, the Fed increased policy rates by 0.75% at their most recent meeting. This is the largest increase since 1994 and more than initially expected. Mortgage interest rates had already moved upward in…

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Financial Education

Is now a good time to refinance?

Is it time? According to the Mortgage Bankers Association, 44.9% of American households have slightly greater than 50% in available equity in their homes at the end of Q1 2022. Pent up equity positions, even in these market conditions, can…

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Equal Housing Lender. ©2017 GMFS LLC. Loan programs not available in all states, or to all consumers. All loans are subject to availability at the time of application and for terms that meet each individual consumer’s needs and qualification information. Loan applications are subject to credit and property approval. GMFS LLC encourages all consumers to consult with a tax advisor concerning the tax implications for the type of mortgage sought. All mortgages are originated by GMFS LLC, NMLS ID #64997, at 7389 Florida Blvd. Suite 200A Baton Rouge, LA 70806. The retail division of GMFS LLC is Doing Business As “GMFS Mortgage”.

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