2/1 Buydown
How a 2/1 buydown may be able to lower your monthly housing payment When interest rates were at historic lows, a typical fixed rate mortgage loan was all most people needed. Now, rates have risen and borrowers may be looking…
GMFS Mortgage Celebrating 24 Years!
GMFS Mortgage is celebrating 24 years of Changing Lives! We are proud to have served over 150,000 customers with over $30 billion in residential funding.
Homestead Exemption
Applying for Homestead Exemption Please remember to apply for your homestead exemption if you have not done so already! The homestead exemption is a wonderful benefit for homeowners. Consult with an accountant or tax professional for specific tax relief information….
LLPA Myths Busted!
LLPA Myth Busting: The Truth about New Fee Changes In January 2023, Fannie Mae and Freddie Mac (Federal Housing Financing Agencies) announced changes to Loan Level Pricing Adjustments (LLPA). Some of these changes include factoring in a borrower’s debt-to-income…
Raising Funds for Cajun Navy
In March, GMFS was proud to participate in the Realtors vs Lenders Cornhole Tournament benefiting Cajun Navy Ground Forces! We had a great time and the event raised over $8,000 for Cajun Navy. The Cajun Navy is a non-profit Louisiana…
GMFS Mortgage Tops Scotsman Guide List 2023
GMFS Mortgage Loan Officers Named Top Originators in Scotsman Guide 2023 List 9 GMFS Mortgage Loan Officers have been named to the Scotsman Guide’s annual Top Originators rankings! The Scotsman Guide’s Top Originators list receives thousands of applicants in order…
Is it Time to Refinance?
Is it Time to refinance? According to ATTOM Data Solutions, 48.5% of mortgaged residential properties in the U.S. were considered equity-rich with 50% in available equity at the end of Q3 2022. Pent up equity positions, even in these market…
GMFS Mortgage Beaufort Ribbon Cutting Ceremony
GMFS Mortgage Beaufort and the Beaufort Regional Chamber celebrated the ribbon cutting & grand opening of our new Downtown Beaufort location! Thank you to our customers and BRC for their continued support. We are proud to work in this community!…