UNDERWRITING
TIMES

Reviewing files submitted on:

Conventional – 2/27/18
USDA – 2/27/18
FHA – 2/27/18
VA – 2/27/18

GMFS Mortgagee Clause Change

Latest Announcements

GMFS is a Scotsman Guide Top Mortgage Lender in 2025!

GMFS is honored to be ranked as a Scotsman Guide Top Mortgage Lender in 2025! GMFS has been named the #1 Wholesale Lender in Louisiana, #25 Nationally GMFS has been named the #1 Correspondent Lender in Louisiana, #17 Nationally Thank…

Area Median Income Limits have been updated – Effective 5/18/25

Freddie Mac has  announced the release of new 2025 AMI Limits, effective May 18, 2025. Effective on May 18, 2025, Loan Product Advisor will apply the updated 2025 Area Median Income limits as follows: For loans submitted prior to May 18th using…

GMFS Now Using PandaDoc for Document Management

We are pleased to inform you that GMFS has recently implemented PandaDoc to streamline our document management and signing process. As part of this update, clients may receive email notifications from PandaDoc regarding documents that require their attention. Please rest…

VA Annual Renewal and Validation Process

You may have recently received a communication—either by email or mail—from the Department of Veterans Affairs (VA) regarding the Annual Renewal and Validation requirements (see sample below). After further clarification with the VA, we have been informed that all VA-approved agents must…