New 2024 FHA Loan Limits
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…
Mortgage for Energy or Protective Home Improvements
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…
Exciting New Updates for Borrowers
New loan program updates are making it easier for qualified borrowers to purchase their dream home! A few updates GMFS Mortgage is excited to share: 5% down payment for 2-4 units/primary residence – November 18, 2023 $750,000 conventional loan limit…
Smaller Down Payments on Multifamily Homes
Fannie Mae, the Federal National Mortgage Association, recently announced upcoming changes that include smaller down payments on multifamily homes! You can now purchase a 2-4 multiunit home as an owner-occupied primary residence with as little as 5% down! Previous requirements…
GMFS Mortgage #1 USDA Lender in Louisiana!
GMFS Mortgage is the #1 USDA Lender in Louisiana…Again! GMFS is excited to announce we’re ranked by USDA’s Top Guaranteed Rural Housing Lenders State Rankings as a top USDA Lender! Thank you and congratulations to all! #1 Lender in Louisiana…
Mortgage Interest Rate Deduction
If you’re a homeowner that itemizes tax deductions, you can deduct your mortgage interest for qualified primary and secondary residences bought, built or improved. It’s one of the many benefits of homeownership! What is the Mortgage Interest Rate Deduction The…
Top Women Originators 2023
Scotsman Guide Top Women Originators 2023 List Congratulations to our Loan Officers, Stephanie Machado and Aimia Doucet, for making the Scotsman Guide Top Women Originators 2023 list! The Scotsman Guide list is a trusted and reputable source for leaders in…
Debt Consolidation
GMFS Mortgage debt consolidation program is designed to simplify your finance and help you become debt-free. GMFS can offer relief from managing multiple debts. Whether you’re looking to pay off credit card debt, car loans, or other high-interest loans, we…