FHA Loan Limit Increase 2020
Great news! FHA Loan Limit Increases for 2020 New 2020 Loan Limit for FHA one-unit property: $331,760 Read HUD Announcement Get pre-qualified with our award-winning team today!
When is a good time to refinance?
Is now a good time to refinance my loan? As interest rates drop, many homeowners find themselves considering if now is a good time to refinance their existing home loan. Refinancing could mean big savings depending on your financial situation….
10 Steps to Buy A Home This Summer
At GMFS Mortgage, we make the home buying process easy! If you are thinking of buying a home for the first time, you may not know where to start. 10 Steps to Buying a Home 1) Save for a…
Resale Potential When Purchasing A Home
Considering Home Resale Potential Buying a home should be a very exciting time but it’s important to consider a few factors. You’ll probably want to sell this home sometime in the future and you need to consider how your house…
Your Home Equity Could Mean Extra Cash
Your Home Equity Could Mean Extra Cash with a Cash Out Refinance With low rates and rising home values, now might be the perfect time to refinance. Tap into your home’s equity to renovate your home, take a dream vacation,…
The Benefits of Refinancing into a 15-Year Loan
Have you considered refinancing your home loan to a shorter term to save money? When you switch to a shorter loan term, you’ll typically get a lower interest rate — often a full percentage point or more. And when you…
Use Your Tax Return to Build Homeownership Wealth
Use Your Tax Return as a Down Payment on a New Home Your tax return provides a great opportunity to invest in homeownership. Have you considered putting your tax refund towards a down payment or closing costs on a new…
Video: What Not to Do When Applying for a Home Loan
This GMFS Mortgage video explains the things you should NOT do while going through a home loan application process so that you can avoid complications, get approved and close on time.