FHA Home Loans

Compared to other home loans, FHA is typically the most flexible mortgage product with lower minimums for down payment and credit score, while allowing a higher debt-to-income (DTI) ratio. A FHA loan is typically the best home loan option for first-time buyers who are not military veterans or the house is not in an eligible rural area designated by USDA.

GMFS Mortgage has funded over 26,000 FHA home loans.

FHA Home Loan Features

96.5% maximum financing
Upfront mortgage insurance required as well as a monthly amount for term of loan
Expanded qualifying ratios and flexible credit guidelines
FHA maximum loan amount varies by geographical area determined by FHA
No income limits or location restrictions
Can be used for purchases and refinance

Calculate Your FHA Loan Payment

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Missy was very responsive and maintained communication with us, specially in the initial stages of the process. I suggest being more descriptive with first time home buyers. She was patient when asked to explain.

Daniela D. Metairie – October 24, 2026

Always answers questions no matter when I ask!

Tammy Gayle D. Abita Springs – October 27, 2026

Always a joy to wirk with you guys

Eric H Johnsen S. Slidell – October 22, 2026

He always answered any questions I had through out the whole process. Very professional and courteous. I would highly recommend him to anyone. I would definitely do business with him in the future. Great experience.

Anthony Mark S. Unadilla – October 23, 2026

Ashley and her team continue to perform at the highest caliber for their clients. We could not of had a more stressfree, seamless experience with anyone else.

Kayla Watkins D. Lake Charles – October 23, 2026

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.

*Government loans such as FHA, USDA and VA typically have more flexible guidelines than conventional loans but interest rates are typically higher.

*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 Price	Loan Amount	Interest Rate	APR	Term
$239,000	$227,050	6.5%	6.725%	30