FHA Home Loans
Compared to other home loans, FHA is typically the most flexible mortgage product with lower minimums for down payment and credit score, while allowing a higher debt-to-income (DTI) ratio. A FHA loan is typically the best home loan option for first time buyers who are not military veterans or the house is not in an eligible rural area designated by USDA.
GMFS Mortgage has funded over 17,900 FHA home loans
FHA Home Loan Features
- 96.5% maximum financing
- Upfront mortgage insurance required as well as a monthly amount for term of loan
- Expanded qualifying ratios and flexible credit guidelines
- FHA maximum loan amount varies by geographical area determined by FHA
- No income limits or location restrictions
- Can be used for purchases and refinance
- FHA loan minimum credit score = 580
Click to Calculate Your FHA Loan Payment
Contact a GMFS Mortgage Loan Officer today!
Customer Reviews
Stephanie and her team are very attentive to detail, and they are very educated on the loan process from start to finish. My husband and I asked a million questions, and they were never too busy to answer us. It was a seamless process, and we were in very capable hands. We were very pleased with the service they provided to us. Thank you, Stephanie and Miranda, for making our dream home a reality!
Ryan was a huge help in my house hunting and purchase process. He was always great at responding to my emails and phone calls and making sure all my questions and concerns were answered. I would recommend GMFS Mortgage to others.
Thank you so much for all of your help. You were wonderful and so patient with me. I would definitely recommend you to anyone. Thank you again.
Established
Over 89,000 customers and $14.9 billion in residential mortgage funding in 23 states
Efficient
Processing, underwriting, and closing under same roof means smooth & predictable closings
Trusted
A+ rating with BBB and winner of Torch Award for Marketplace Trust
Experienced
GMFS staff has an avg. of 14+ years of mortgage industry experience