Benefits of Mortgage Insurance
Mortgage Insurance Has Benefits
Did you know mortgage insurance has benefits? Most of the time it is seen as an extra cost, but there may be real benefits that result from getting Mortgage Insurance.
- You may be able to buy a home faster
- You may be able to offer a lower down payment – as little as 3% down
- Mortgage Insurance is eventually cancellable when the loan reaches 80% of the original value
- Save more for emergency funds
Our loan servicer can offer more information about how to cancel Mortgage Insurance.
Contact our award-winning team today to learn more about how Mortgage Insurance could benefit your home purchase!
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What Sets Us Apart
A Lender Who Cares
With GMFS Mortgage, you’re not just getting a loan—you’re getting a team that’s all in, every step of the way.
Established
Since 1999, we’ve helped over 150,000 people across 23 states become homeowners.
Efficient
Everything from processing to closing happens under one roof. That means fewer hiccups…and more high-fives.
Trusted
A+ BBB rating. Torch Award for Marketplace Trust. A reputation built on doing the right thing.
Experienced
Our team averages 14+ years in the industry—and a lifetime of showing up for our clients.
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 may not include the amounts for taxes, property insurance, or mortgage insurance.