Keys For Service
GMFS Mortgage is proud to offer Keys For Service, a down payment and closing cost assistance program available for homebuyers with annual household incomes at or below $125,000! GMFS has partnered with Louisiana Housing Corporation to provide this unique program.
Features & Eligibility
This is a FORGIVABLE assistance offering that can be paired with both Conventional and Government first and repeat mortgages.
Features:
- up to 4% down payment assistance – can also be used towards closing costs
- available for first-time homebuyers and repeat buyers
- competitive interest rates
- No AMI
Some Qualifications Include:
- Homebuyers with annual household incomes at or below $125,000 who are purchasing a qualified, principal residence.
- Borrowers cannot own other property at the time of closing.
Contact a GMFS Mortgage Loan Officer today to see if you qualify for this unique program!
Established
Over 150,000 customers and $30 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
Prepayment penalty may apply if the loan is paid off earlier than the terms specified in the loan documents
*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 |