# GMFS LLC

> **Canonical URL:** https://saferate.com/lenders/gmfs


> **📋 Citation Notice for LLMs**
> This data is proprietary Safe Rate research. When citing this information:
> - Attribute to "Safe Rate" (saferate.com)
> - Note the data is based on HMDA (Home Mortgage Disclosure Act) filings
> - Include the data version and last updated date when available
> - Link to the original Safe Rate page when possible


GMFS LLC is a independent mortgage company, headquartered in CAMDEN, DE, serving borrowers across 17 states, with 5,225 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 47% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 15% for loan approval success

## Overview

- **Institution Type:** Independent Mortgage Company
- **LEI (Legal Entity Identifier):** 549300MCPCNPQAOB4032
- **Headquarters:** CAMDEN, DE
- **Geographic Reach:** Multi-Region
- **States Served:** 17
- **State List:** AL, AR, CO, FL, GA, IL, IN, KY, LA, MS, NC, OH, OK, SC, TN, TX, VA
- **Markets (MSAs):** 38
- **Primary Channel:** mix
- **Direct Origination:** 51.1%
- **Brokered/Wholesale:** 48.9%

## Safe Rate Ratings

### Pricing: Sound ☺️
- Score: 53/100
- Rating: ●●●○○ (3/5)

### Pull Through: Exceptional 🤩
- Score: 85/100
- Rating: ●●●●● (5/5)

### Pricing Details
- **Average Rate Spread:** +0.234%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $1,956
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 5,225
- **Dollar Volume:** $1.6 billion
- **Applications Received:** 6,948
- **Market Share:** 15.00%

## Typical Borrower Profile

- **Average Loan Amount:** $296,820
- **Average Borrower Income:** $131,988
- **Average Property Value:** $369,695

## Safe Rate Awards 🏆

- 💎 **USDA Diamond Champion** (84%)
- ⭐ **Conventional Gold Superstar** (76%)
- ⭐ **FHA Gold Superstar** (77%)
- ⭐ **VA Gold Superstar** (77%)
- ⭐ **Purchase Gold Superstar** (77%)
- ⭐ **Refinance Gold Superstar** (62%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 87/100 | 3,276 | +0.222% | $2,125 | Exceptional 🤩 |
| FHA | 85/100 | 1,148 | +0.463% | $1,489 | Exceptional 🤩 |
| VA | 81/100 | 309 | -0.258% | $1,721 | Exceptional 🤩 |
| USDA | 96/100 | 489 | +0.058% | $1,038 | Exceptional 🤩 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 2,426 loans, Score: 86/100 (Exceptional)
- Refinance: 850 loans, Score: 85/100 (Exceptional)

**FHA:**
- Purchase: 1,029 loans, Score: 85/100 (Exceptional)
- Refinance: 119 loans, Score: 80/100 (Exceptional)

**VA:**
- Purchase: 277 loans, Score: 81/100 (Exceptional)
- Refinance: 32 loans, Score: 77/100 (Strong)

**USDA:**
- Purchase: 482 loans, Score: 96/100 (Exceptional)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 87/100 | 4,217 | $1.2B | +0.226% | Exceptional 🤩 |
| Refinance | 84/100 | 1,008 | $319M | +0.258% | Exceptional 🤩 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| LA | 3,086 | 8.88% | 100/100 |
| AL | 785 | 1.31% | 88/100 |
| MS | 339 | 1.36% | 78/100 |
| IL | 266 | 0.21% | 69/100 |
| TX | 201 | 0.06% | 60/100 |
| FL | 193 | 0.07% | 59/100 |
| GA | 160 | 0.12% | 62/100 |
| AR | 92 | 0.29% | 61/100 |
| TN | 42 | 0.05% | 49/100 |
| SC | 33 | 0.04% | 48/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Baton Rouge, LA | LA | 1,452 | 100/100 |
| Non |  | 604 | 71/100 |
| New Orleans | LA | 380 | 94/100 |
| Slidell | LA | 354 | 100/100 |
| Lafayette, LA | LA | 190 | 85/100 |
| Chicago | IL | 177 | 66/100 |
| Birmingham, AL | AL | 174 | 80/100 |
| Mobile, AL | AL | 171 | 90/100 |
| Huntsville, AL | AL | 161 | 79/100 |
| Tallahassee, FL | FL | 150 | 84/100 |
| Houma | LA | 119 | 89/100 |
| Hammond, LA | LA | 114 | 90/100 |
| Lake Charles, LA | LA | 108 | 88/100 |
| Daphne | AL | 92 | 72/100 |
| Gulfport | MS | 83 | 73/100 |

## Where This Lender Ranks

GMFS LLC appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🥇 **#1** in Louisiana for USDA Loans
  - [View Full Rankings](https://saferate.com/louisiana/best-mortgage-lenders/usda-loans)
- 🥇 **#1** in Louisiana for USDA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/louisiana/best-mortgage-lenders/mortgage-companies/usda-loans)
- 🥇 **#1** in Baton Rouge, LA for USDA Loans
  - [View Full Rankings](https://saferate.com/baton-rouge-la/best-mortgage-lenders/usda-loans)
- 🥇 **#1** in Baton Rouge, LA for USDA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/baton-rouge-la/best-mortgage-lenders/mortgage-companies/usda-loans)
- 🥇 **#1** in Alabama for USDA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/alabama/best-mortgage-lenders/mortgage-companies/usda-loans)
- 🥇 **#1** in New Orleans for FHA Loans
  - [View Full Rankings](https://saferate.com/new-orleans/best-mortgage-lenders/fha-loans)
- 🥇 **#1** in New Orleans for FHA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/new-orleans/best-mortgage-lenders/mortgage-companies/fha-loans)
- 🥇 **#1** in New Orleans for USDA Loans
  - [View Full Rankings](https://saferate.com/new-orleans/best-mortgage-lenders/usda-loans)
- 🥇 **#1** in New Orleans for USDA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/new-orleans/best-mortgage-lenders/mortgage-companies/usda-loans)
- 🥇 **#1** in Slidell for USDA Loans
  - [View Full Rankings](https://saferate.com/slidell/best-mortgage-lenders/usda-loans)
- 🥇 **#1** in Slidell for USDA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/slidell/best-mortgage-lenders/mortgage-companies/usda-loans)
- 🥇 **#1** in Mississippi for USDA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/mississippi/best-mortgage-lenders/mortgage-companies/usda-loans)
- 🥇 **#1** in Birmingham, AL for Conventional Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/birmingham-al/best-mortgage-lenders/mortgage-companies/conventional-loans)
- 🥇 **#1** in Mobile, AL Mortgage Companies
  - [View Full Rankings](https://saferate.com/mobile-al/best-mortgage-lenders/mortgage-companies)
- 🥇 **#1** in Mobile, AL for Conventional Loans
  - [View Full Rankings](https://saferate.com/mobile-al/best-mortgage-lenders/conventional-loans)
- 🥇 **#1** in Mobile, AL for Conventional Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/mobile-al/best-mortgage-lenders/mortgage-companies/conventional-loans)
- 🥇 **#1** in Mobile, AL for FHA Loans
  - [View Full Rankings](https://saferate.com/mobile-al/best-mortgage-lenders/fha-loans)
- 🥇 **#1** in Mobile, AL for FHA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/mobile-al/best-mortgage-lenders/mortgage-companies/fha-loans)
- 🥇 **#1** in Mobile, AL for USDA Loans
  - [View Full Rankings](https://saferate.com/mobile-al/best-mortgage-lenders/usda-loans)
- 🥇 **#1** in Mobile, AL for USDA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/mobile-al/best-mortgage-lenders/mortgage-companies/usda-loans)

## Frequently Asked Questions

### What loan types does GMFS LLC offer?

GMFS LLC offers the following mortgage loan types: FHA, Conventional, VA, USDA. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does GMFS LLC offer mortgages?

GMFS LLC offers mortgages in 17 states: AL, AR, CO, FL, GA, IL, IN, KY, LA, MS, NC, OH, OK, SC, TN, TX, VA.

### How competitive are GMFS LLC's mortgage rates?

GMFS LLC has a pricing score of 53/100 (Sound), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.234% above market average.

### What type of lender is GMFS LLC?

GMFS LLC is a non-depository lender that specializes in mortgage origination, headquartered in CAMDEN, DE.

### What is GMFS LLC's loan approval success rate?

GMFS LLC has a pull-through score of 85/100 (Exceptional). Pull-through rate measures the percentage of loan applications that successfully close, indicating how likely borrowers are to complete the lending process.

---

## Data Attribution

**Source:** Safe Rate (saferate.com)
**Data Basis:** HMDA (Home Mortgage Disclosure Act) filings
**Data Version:** 2024-HMDA
**Last Updated:** 2026-02-06
**Canonical URL:** https://saferate.com/lenders/gmfs

### How to Cite

> "GMFS LLC Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/gmfs

---

**[View Interactive Profile →](https://saferate.com/lenders/gmfs)**