100 Percent Home Financing

100% Mortgage (Zero Down Mortgage) Home Loans

For many eligible home buyers, 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 home with no money down and determine if a no down payment mortgage is right for you!

view from street of front home exterior with trees

100% Financing Home Loan Options

USDA Rural Development Loan

  • Per the USDA, GMFS Mortgage has been the #1 USDA Rural Development lender in Louisiana, #5 in Alabama, #10 Nationwide (source)
  • 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 with Seller Paying Closing Costs

A common purchase strategy of buyer agreeing to pay a higher dollar amount than normally would be negotiated (e.g. full asking price) in exchange for seller agreeing to pay closing costs. Net effect is that buyer does not have to pay out-pocket for their closing costs and seller nets same amount as if they would have sold for the lower price they realistically expected to sell home for.


NOTE: In order for the loan to be approved by the mortgage lender, the house will need to appraise for no less than the total contracted purchase price (which includes the added dollar value for the buyer’s closing costs).

Not a commitment to lend.  All loans subject to credit and property approval.  The following terms are for illustrative purposes only.  Rates, payments, and loans terms vary by consumer based on their individual qualifying information.   The payment amount illustrated does not include the amounts for taxes, property insurance, or mortgage insurance. 

Purchase PriceLoan AmountInterest RateAPRTerm
$239,000$227,0506.5%6.725%30

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Rating: 5 out of 5

Had a great experience even after a major Hurricane!

Richard D.
Rating: 5 out of 5

The best decision I have ever made.

Kristie P.
Rating: 5 out of 5

Darren worked with us to find the best rate at the best time in our timeline, listened and answered all concerns, & never had a hiccup

Taylor C. Benton, LA
Rating: 5 out of 5

Love the service we received. Great experience

Belinda S.
Rating: 5 out of 5

Ashley Neely and her team are amazing! We found them to be very knowledgeable and professional. They offer services that many others don’t have, and their rates and fees are competitive. Most of all, they make it obvious that your business matters to them, and they go above and beyond…

Ashley Neely and her team are amazing! We found them to be very knowledgeable and professional. They offer services that many others don’t have, and their rates and fees are competitive. Most of all, they make it obvious that your business matters to them, and they go above and beyond to help you every step of the way. It has truly been a pleasure to deal with them and we will be forever grateful for the personal attention they gave us. Choosing GMFS to finance our new construction has truly been one of the best decisions we made, and we highly recommend that everyone consider them for their mortgage lending needs. Thank you, Ashley, for all you have done for us!

Donna T.
Rating: 5 out of 5

Ashley Neely and her team are amazing! We found them to be very knowledgeable and professional. They offer services that many others don’t have, and their rates and fees are competitive. Most of all, they make it obvious that your business matters to them, and they go above and beyond to help you every step of the way. It has truly been a pleasure to deal with them and we will be forever grateful for the personal attention they gave us. Choosing GMFS to finance our new construction has truly been one of the best decisions we made, and we highly recommend that everyone consider them for their mortgage lending needs. Thank you, Ashley, for all you have done for us!

Donna T.

What Sets Us Apart

A Lender Who Cares

With GMFS Mortgage, you’re not just getting a loan—you’re getting a team that’s all in, every step of the way.

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Established

Since 1999, we’ve helped over 150,000 people across 23 states become homeowners.

Efficient

Everything from processing to closing happens under one roof. That means fewer hiccups…and more high-fives.

Trusted

A+ BBB rating. Torch Award for Marketplace Trust. A reputation built on doing the right thing.

Experienced

Our team averages 14+ years in the industry—and a lifetime of showing up for our clients.