Category

News & Awards

A realtor and homeowners discuss the National Association of Realtors settlement which may go into effect in July 2024

NAR Settlement

A settlement with the National Association of Realtors regarding agent commissions and listing prices may go into effect July 2024.
GMFS Promotional Banner for HomeReady $2,500 down payment assistance for first time homebuyers

HomeReady Down Payment Assistance

To address some of the barriers to entry , we are implementing a new $2,500 credit that can be used towards down payment and/or closing costs
A couple moves a box in their new home purchased with GMFS Mortgage

Flexible Guidelines for Self-Employed Borrowers

Are you self-employed in Louisiana? GMFS Mortgage offers tailored loan options to help you secure the mortgage you deserve. Learn more today.
Homestyle Energy Loan For Improvements banner by GMFS Mortgage

Mortgage for Energy or Protective Home Improvements

Finance upgrades to reduce utility costs and improve the resilience of your home. This includes energy and/or water. $500 credit at closing
GMFS mortgage year-end mortgage deals for 2023-2024

Exciting New Updates for Borrowers

New loan program updates are making it easier for qualified borrowers to purchase their dream home! Talk with a GMFS Mortgage Loan Officer
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Smaller Down Payments on Multifamily Homes

Fannie Mae recently announced smaller down payments on multifamily homes! Talk to a GMFS Mortgage Loan Officer today!
GMFS Mortgage loan officers named scotsman guide top women originators 2023

Top Women Originators 2023

Congratulations to our Loan Officers, Stephanie Machado and Aimia Doucet, for making the Scotsman Guide Top Women Originators 2023 list!
carbon monoxide detector mounted on a white wall

New Carbon Monoxide Detector Law in Louisiana

At least one operable, life-long sealed battery carbon monoxide detector is required when the dwelling is sold, donated or leased.
GMFS Mortgage LLPA updates superhero graphic

Increase in DTI Fees Dropped!

The cancellation of proposed Debt-to-Income related Loan Level Pricing Adjustments have been dropped by the Federal Housing Finance Agency.
Graphic that reads "busting myths about LLPA changes"

LLPA Myths Busted!

In January 2023, Fannie Mae and Freddie Mac (Federal Housing Financing Agencies) announced changes to Loan Level Pricing Adjustments (LLPA).
scotsman guide rankings 2023

GMFS Mortgage Tops Scotsman Guide List 2023

9 GMFS Mortgage Loan Officers have been named to the Scotsman Guide’s annual Top Originators rankings! Congratulations
Members of the GMFS Mortgage team at the GMFS Mortgage Beaufort Ribbon Cutting Ceremony

GMFS Mortgage Beaufort Ribbon Cutting Ceremony

GMFS Mortgage Beaufort and the Beaufort Regional Chamber celebrated the ribbon cutting & grand opening of our new Downtown Beaufort location!