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
10/10 with Ryan and his team. They made the whole process easy and fast and were accessible for me throughout. They made sure we had everything all set for closing with no delays at all. I will definitely be using them again and will recommend them to anyone I know.
I had an excellent experience with GMFS Mortgage. Jason and Sandy were easy to work with, helped me to feel comfortable and informed throughout the entire process, and stayed on top of things every step of the way. Thanks for ensuring that everything ran smoothly for my first home purchase!
Great loan product, great experience, good people.
I love, love, love working with this group!! Amazing