Down Payment Assistance for First-Time and Repeat Buyers In partnership with Louisiana Housing Corporation, GMFS Mortgage offers down payment assistance programs for qualified first-time and repeat Louisiana homebuyers. This is a FORGIVABLE assistance offering that can be paired with both…
Self-employed borrowers may benefit from a bank statement mortgage program. When home buyers can’t get a traditional mortgage, our bank statement program can help qualified borrowers. Instead of a W2, we use 1-to-2 years of bank statements to evaluate a…
Pathway 2 Homeownership – 20% Down Payment Assistance Program In partnership with Louisiana Housing Corporation, in an effort to help rebuild affected areas, GMFS is offering a unique opportunity for eligible homebuyers in communities that were greatly impacted by recent…
New FHA 2023 Loan Limits Great news! In most areas of the country, FHA has increased its loan limit ceiling from $420,680 to $472,030! This may allow more borrowers to qualify for FHA home loans! If you are wondering what…
It can be difficult for first-time home buyers to get a mortgage – especially if they have a thin credit history, are self-employed or contract workers. We’re here to help with loan programs including several Non-QM mortgage programs and products…
New 2022 USDA Income Limits Recently, USDA Rural Development increased the 2022 Income Limits for the Single Family Guaranteed Loan Program. Higher limits mean more people will now fall within the income guidelines for USDA RD loans. New Income Limits…
New FHA 2022 Loan Limits Great news! In most areas of the country, FHA has increased its loan limit ceiling from $356,362 to $420,680! This may allow more borrower to qualify for FHA home loans! If you are wondering what…
Hurricane Ida We are actively monitoring the current conditions in your area regarding Hurricane Ida as well as all assistance authorized by FEMA. Please stay safe but know that we are here to help when you need it. For questions…