$750 Existing Customer Credit for Second Homes and Investment Properties
Great news! We are expanding our Existing Customer Benefit Program for Second Homes and Investment Properties!
If a borrower has their primary home’s mortgage with GMFS, they are eligible to receive a $750 customer retention credit on a second mortgage to GMFS.
For either second home or investment property, the borrower must meet the following to receive credit:
- Borrower must have an active primary home mortgage with GMFS that has matured past 6 payment dates.
- All loans for any borrower on the loan owned by GMFS must have zero delinquencies in the past 6 months.
- GMFS can finance up to 5 total loans for borrower.
Please note: in order to receive the credit you must enter in Optimal Blue — GMFS Customer Program: Existing GMFS Customer and the SLS loan number from their primary mortgage