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Posts Categorized: VA Loans

News & Awards

Louisiana Housing Program – Down Payment Assistance

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…

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Disaster Recovery

Louisiana Housing Program – Pathway 2 Homeownership

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…

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FHA

FHA and VA Loan Credit Score down to 580 and 600

Great news! GMFS Mortgage is now offering FHA Loans down to 580 credit score & VA Loans down to 600 credit score. Our new FHA and VA loan program requirements may allow more borrowers to qualify for a home loan!…

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Buy-Purchase-Sell

FHA and VA Loans Down to 620

Good news. There have been updates to Government Loan Fico Score requirements that may allow more borrowers to qualify!  FHA and VA Loans may accept FICOS down to 620! Contact a GMFS Mortgage Loan Officer today for a no-obligation consultation…

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FHA

FHA & VA Loan Limits Increased for 2019

HUD and VA announced that loan limits will be increasing next year (2019).   Loan Type New 2019 Loan Limit Effective   FHA $314,827 Read HUD Announcement National limit for a one-unit property Applicable with case #’s ordered on or after January…

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VA Loans

VA Home Loan Benefits – Video

In this video, Marine Corps Veteran and GMFS Mortgage Loan Officer – Toby Arceneaux, explains the benefits of a VA home loan and who is eligible. Learn more about VA home loans for veterans at gmfsmortgage.com/va

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Buy-Purchase-Sell

Who Qualifies for VA Home Loans & How to Apply

Even the most experienced military borrowers aren’t familiar with this very powerful lending program. So, what exactly are the benefits, eligibility, and requirements? What is a VA Loan? A VA Loan is a mortgage loan that is backed by the…

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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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