100% Mortgage (Zero Down Mortgage) Home Loans

For today’s home buyers with good credit and a steady income, there are several no down payment mortgage programs available which offer 100% financing for purchase so you can buy a home or even refinance.  GMFS Mortgage can explain your options for how to buy your first home with no money down and determine if a no down payment mortgage is right for you.

100% Financing Home Loan Options

USDA Rural Development Loan

  • Per the USDA, GMFS Mortgage has been the #1 USDA Rural Development lender in Louisiana for both 2015 and 2016
  • USDA Rural Development is typically the best home loan option for first time buyers that are not military veterans, assuming the property is in an eligible rural area
  • Can be used to purchase your primary residence or refinance for rate term

Learn more about USDA Rural Development Loans

VA Loan for U.S. Veterans

  • GMFS Mortgage offers reduced fees to U.S. military veterans for VA loans
  • VA loans are typically the best loan option for first time home buyers if one of the borrowers is a veteran
  • Can be used to purchase a house for your primary residence, as well as, to refinance for cashout

Learn more about VA Loans

Purchase Advantage powered by CAFA

  • A unique program to jump-start Louisiana homeownership through the benefit of a non-repayable homebuyers grant of up to 4% of the original mortgage amount
  • The non-repayable grant is provided by Capital Area Finance Authority (CAFA)
  • Eligible for primary residence only and only in approved Louisiana parishes

Learn more about Purchase Advantage

GMFS Mortgage ranked Best Mortgage Company for Low Down Payment in Louisiana for 2018 by Ask a Lender

Contact a GMFS Mortgage Loan Officer today!

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Our avg. customer feedback rating = 4.8 stars! Experience for yourself why so many of our customers and partners refer GMFS Mortgage to their family, friends and clients!

Established

Over 89,000 customers and $14.9 billion in residential mortgage funding in 23 states

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Experienced

GMFS staff has an avg. of 14+ years of mortgage industry experience