GMFS Mortgage debt consolidation program is designed to simplify your finance by combining all of your debts into one manageable monthly payment with a lower interest rate and a clear path to becoming debt-free. Whether you’re looking to pay off…
Homeownership is in reach with $2,500 down payment assistance! With a low down payment and expanded financing flexibility, HomeReady offers an ideal mortgage solution for borrowers whether they’re first-time or repeat buyers. To address some of the barriers to entry…
In the ever-changing housing market landscape, keeping an eye on interest rates is crucial for prospective homebuyers. If you’re in the market for a home, there’s good news on the horizon: lower interest rates in 2024. At GMFS Mortgage, we…
New guideline updates are making it easier for self-employed or 1099 income borrowers to get pre-qualified for their dream home! You may qualify for a mortgage: Use 1099 & YTD Bank Statements 1099 income eligible in lieu of tax returns…
Did you know eligible homebuyers could qualify for a 100% financing, meaning no down payment, through an FHA loan? GMFS Mortgage is excited to offer more no down payment mortgages to qualified homebuyers! Down Payment Assistance for FHA Loans program…
New Fannie Mae and Freddie Mac guidelines are helping more self-employed borrowers get pre-qualified for home loans! Beginning January 2024, only 1 year of income history is sufficient enough to approve financial stability under certain conditions. Traditionally, 2 years worth…
New FHA 2024 Loan Limits Great news! In most areas of the country, FHA has increased its loan limit ceiling from $472,030 to $498,257! This may allow more borrowers to qualify for FHA home loans. FHA loans feature low down…
GMFS Mortgage offers HomeStyle Energy Mortgage for financing upgrades to reduce utility costs and improve the protective resilience of your home. This includes upgrades to energy and/or water efficiency or protective improvements from natural disasters. Plus, receive a $500 credit…