GMFS is excited to partner with the National Homebuyer Fund (NHF) to offer the Down Payment Assistance Program (DPA)!

The NHF is a Non-Profit Public Benefit Corporation that has helped finance more than 45,000 home purchases and provided over $400 million in down payment assistance!

Program Highlights:

  • 100% CLTV Financing up to $750,000
    • 0% 2nd forgivable lien*
    • or “plus 2%” 2nd lien for 10 years
  • Funds can be used for Down Payment
  • Funds can be used for Closing Costs
  • Low credit score requirements
  • Primary Residence only
  • No first-time homebuyer requirement
  • Free Homebuyer Education Required
  • Generous income limits: 160% Average Medium Income or State Median Income (HUD Income limit website)
  • Available in all GMFS lending states


*2nd Lien is due and payable at the time of the first mortgage unless the forgivable parameters below have been satisfied Forgivable IF 1. loan has reached 10 yrs from Note date AND 2. a Repayment event has not occurred, AND 3. The borrower has continued to occupy the property as their primary residence

Contact a GMFS Mortgage Loan Officer today!

Get Started with GMFS Mortgage

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Customer Reviews


Our avg. customer feedback rating = 4.8 stars! Experience for yourself why so many of our customers and partners refer GMFS Mortgage to their family, friends and clients!


Over 150,000 customers and $30 billion in residential mortgage funding in 23 states


Processing, underwriting, and closing under same roof means smooth & predictable closings


A+ rating with BBB and winner of Torch Award for Marketplace Trust


GMFS staff has an avg. of 14+ years of mortgage industry experience

*Not a commitment to lend.  All loans subject to credit and property approval.  The following terms are for illustrative purposes only.  Rates, payments, and loans terms vary by consumer based on their individual qualifying information.   The payment amount illustrated does not include the amounts for taxes, property insurance, or mortgage insurance. 

Loan Term Down Payment Annual Percentage Rate Estimated Monthly Payment
30 year fixed rate 10% (90% LTV) 4.75% $1,043