GMFS Mortgage will help you understand when and if you should refinance your house. We make it easy to refinance your home and a refi could save you a significant amount of money and/or improve your cash flow.
GMFS Mortgage has refinanced over 24,300 home loans
Benefits of Mortgage Refinancing
Refinancing a mortgage means paying off your existing home loan and replacing it with a new one. Typical benefits of a refi include:
- Lower interest rate and lower monthly payment
- Possibly lower your monthly mortgage payment by decreasing or eliminating mortgage insurance
- Consolidate debt
- Use your home’s equity to generate additional cash
- Changing the loan terms for savings or to build equity faster
- Improve your credit and your monthly cash flow
Note: By refinancing your existing loan, your total finance charges may be higher over the life of the loan. Always consult with a tax advisor concerning tax implications of your mortgage.
Contact a GMFS Mortgage Loan Officer today!
Mortgage Refinance Options & Resources
Cash-Out Refinance is when you use your home’s equity to refinance for more than the outstanding balance owed on your current mortgage. Then, after paying off your original mortgage, the amount left over is used to payoff your other debt or for other needs (e.g. remodel, tuition, your business, etc.)
FHA Streamline Refinance: Homeowners with a current FHA loan can save money by refinancing to a new lower rate and payment.
Tonilyn G. GMFS Mortgage Customer
Monday December 3, 2018
Jenelle D. GMFS Mortgage Customer
Tuesday November 27, 2018
Karen and I were very pleased with GMFS Mortgage and would definitely use them again and recommend them to others.
Lynn S. GMFS Mortgage Customer
Tuesday November 20, 2018
I highly recommend GFMS Mortgage. Their team are professionals and communicate in detail what is needed to satisfy the underwriting process. This helped me to gather the information needed and made the refinancing quick and easy. A big thank you to Senior Mortgage Consultant Stephanie Chenevert for being so attentive and responsive to my calls. And thank you Jeanne Larborde with underwriting, who helped with the documents and signatures needed through docusign which was efficient and convenient. Thanks again, Talmadge C.
Talmadge C. GMFS Mortgage Customer
Thursday November 8, 2018
Thank you so much for all of your help. You were wonderful and so patient with me. I would definitely recommend you to anyone. Thank you again.
Cheryl D. GMFS Mortgage Customer
Friday November 2, 2018