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Posts Categorized: Affordable Lending-Announcement

Affordable Lending-Announcement

Get the Best Rate and Deal for Your Borrower with HomeReady and HomePossible

Are you giving your borrower the best rate and deal?  Don’t leave money on the table for your borrowers! What are the benefits? AMI Waiver on all loans submitted as HomeReady or Home Possible Lower MI than any other program…

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Affordable Lending-Announcement

Get the Best Rate and Deal for Your Borrower with HomeReady and HomePossible

Are you giving your borrower the best rate and deal?  Don’t leave money on the table for your borrowers! What are the benefits? AMI Waiver on all loans submitted as HomeReady or Home Possible Lower MI than any other program…

Continue Reading...

Affordable Lending-Announcement

AMI LLPA Waiver

AMI LLPA Waiver for Freddie and Fannie As you may be aware, Freddie and Fannie announced in November a pricing enhancement targeted at First Time Home Buyers who have a total qualifying income at or below the Area Median Income…

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Affordable Lending-Announcement

Waiving Investor LLPAs on Conventional Loans

Beginning December 19, 2022, GMFS will waive all Investor LLPAs on Conventional loans if the loan meets all of the below requirements. First Time Homebuyers: • Any borrower on the loan is a first time homebuyer • Qualifying Income based…

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About GMFS

We are one of the fastest growing mortgage companies in the United States offering great mortgage financial solutions. Headquartered in Baton Rouge, Louisiana, GMFS originates residential mortgage loans, primarily in the southern states. Founded in 1999, GMFS has approximately 250 employees. more about GMFS

GMFS Mortgage is a BBB Accredited Mortgage Lender in Baton Rouge, LA
Equal Housing Lender. © 2017 GMFS, LLC. Upfront approval subject to satisfactory property review and no change in financial condition. Some products may not be available in all states. All loans subject to credit approval. All mortgages are originated by GMFS LLC at 7389 Florida Blvd. Suite 200A Baton Rouge, LA 70806. NMLS #64997. LA License 619. The retail division of GMFS LLC is Doing Business As “GMFS Mortgage”.

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