More than Fore In 2020, Joshua Foster, a lender at GMFS Mortgage Covington, teamed up with six of his friends to establish More than Fore Golf Tournament to raise money for St Jude Children’s Hospital. The tournament has donated $185,000.00…
GMFS Mortgage Loan Officers Named Top Originators on Scotsman Guide 2024 List Six GMFS Mortgage Loan Officers have been named on the 2024 Scotsman Guide’s annual Top Originators rankings! The Scotsman Guide’s Top Originators list receives thousands of applicants in…
Does the NAR settlement mean more flexibility for you? A settlement with the National Association of Realtors regarding agent commissions and listing prices may go into effect July 2024. What does this mean for homebuyers and sellers? Current Rules: NAR…
Homeownership is in reach with $2,500 down payment assistance! With a low down payment and expanded financing flexibility, HomeReady offers an ideal mortgage solution for borrowers whether they’re first-time or repeat buyers. To address some of the barriers to entry…
In the ever-changing housing market landscape, keeping an eye on interest rates is crucial for prospective homebuyers. If you’re in the market for a home, there’s good news on the horizon: lower interest rates in 2024. At GMFS Mortgage, we…
New Fannie Mae and Freddie Mac guidelines are helping more self-employed borrowers get pre-qualified for home loans! Beginning January 2024, only 1 year of income history is sufficient enough to approve financial stability under certain conditions. Traditionally, 2 years worth…
New FHA 2024 Loan Limits Great news! In most areas of the country, FHA has increased its loan limit ceiling from $472,030 to $498,257! This may allow more borrowers to qualify for FHA home loans. FHA loans feature low down…
GMFS Mortgage offers HomeStyle Energy Mortgage for financing upgrades to reduce utility costs and improve the protective resilience of your home. This includes upgrades to energy and/or water efficiency or protective improvements from natural disasters. Plus, receive a $500 credit…