Mortgage Scenario Loan Options

As a general guide, we have provided links to GMFS mortgage products that typically work best for different borrower scenarios below.

This site is for GMFS Agent Bank and Credit Union clients.

No down payment / Low down payment

Refinance to save money or get cash

Refinance
Cash-Out Refinance
FHA Streamline Refinance

By refinancing an existing mortgage, the total finance charges may be higher over the life of the mortgage.

Non-Traditional Mortgage

Expanded Access Mortgage

Designed for borrowers with a recent credit event that don’t meet traditional seasoning requirements, who are utilizing alternate documentation or who don’t fit standard Agency, Government or Jumbo guidelines.

Borrower is Self-Employed

Expanded Access Mortgage

Designed for borrowers with a recent credit event that don’t meet traditional seasoning requirements, who are utilizing alternate documentation or who don’t fit standard Agency, Government or Jumbo guidelines.