Changing Lives.

First Time Home Buyers Trust GMFS

At GMFS Mortgage we understand you have lots of questions and concerns when considering buying your first home. We are here to help and have assisted thousands of first-time buyers like you to achieve the American dream of homeownership!

Often, the monthly expense of owning your home is not very different from the cost of renting.

GMFS Mortgage makes the transition to home ownership simple and we can show you how to get great rates based on your credit.

Popular Home Loan Options for First Time Buyers:

  • A FHA loan is typically the best home loan option for first time buyers if not a military veteran or the house is not in an eligible rural area designated by USDA
  • USDA Rural Development is typically the best home loan option for first time buyers if not a military veteran and the house is in an eligible rural area designated by USDA
  • VA loans are typically the best option for first time home buyers if one of the borrowers is a military veteran

ALLEN A.

5 Star GMFS Mortgage Customer Review
"GMFS Mortgage made the process of buying my wife and I's first house easy. Thank you for making this happen for us. You found a way to make our dream of being a home owner a reality.  5 Stars"

SHAIRO J.

5 Star GMFS Mortgage Customer Review
"Michael did an outstanding job in my process to become a first time homeowner. I had heard lots of scary advice and stories from friends and family about their experience down this road but working with him and realtor J. Adams made this a breeze and smooth process. They kept me inform the whole way through. I believe it took only 2 months to get my deal done. He was very professional and concern with me and my family throughout and explaining every step thoroughly to me so i can have a better understanding of the home ownership road. I have high recommended Michael and the company to many friends and family. A+ A+ Thank you for your outstanding services.  5 Stars"  More GMFS Mortgage First-Time Buyer reviews

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Buying Your First Home

One of your first steps in buying a home is to determine how much you want to spend. Next, you will want to find a lender and get pre-qualified for a home loan. Lenders look at your employment and credit score, as well as the value of the house you want to buy, to determine the amount you can borrow. Lenders can tell you the amount you can qualify for and pre-qualify you as a borrower. This lets sellers know you will be able to get financing and improves your negotiating position.

Down payment

To purchase a home, you may need a down payment. This is money you pay in order to buy the house and decrease the amount you need to borrow. Most loans require you to pay between 10 and 20% of the purchase price as a down payment.

Pull together all your documents.

Lenders will ask for w-2 statements, tax returns and other documentation. If you don't have that kind of documentation, don't worry. Explain your situation to your mortgage consultant because there may be other options available for you. Providing requested documents

Find a lender who will work with you regardless of your situation.

GMFS Mortgage offers loans to fit a variety of situations and we can quickly let you know if you pre-qualify for a home loan or help you understand next steps to become eligible for a home loan. CHANGING LIVES... it's what we do best!

Educational Resources

Tips When Buying a Home - Podcast
Understand Your Credit Score and Credit Improvement Tips - Podcast

Home Loan Tips: Credit & Economics - Video
GMFS Mortgage Minute: How Much House Can You Afford - Video
GMFS Mortgage Minute: Renting vs. Owning a Home - Video
GMFS Mortgage Minute: About a Loan Officer (aka Mortgage Loan Originator) - Video

More Educational Resources (videos, podcasts, calculators & glossary)

 

A PAIGE M.

5 Star GMFS Mortgage Customer Review 
"This was my very first experience with buying a house on my own, and I knew that I needed to know my limitations and find a financial team I could trust; My initial thought was to go with the credit union that I'd had loan experience with, but that endeavor did not turn out well - - they wouldn't approve any of the condos I was looking at; I chose to call GMFS first b/c I heard them advertised during the LSU sports broadcasts, but also because a friend from church recommended them; Boy did I choose correctly this time!!  Blake, Aaron and GMFS could not have been nicer, more patient or gotten me a better deal on my first mortgage!  They took care of all the rough edges to make my experience run smooth as glass, and I soon found that I trusted them completely; I can't say enough about their professionalism and courtesy!  This is the ONLY place to go for home financing in the Baton Rouge area!  THANK YOU, GMFS!!!  You guys ROCK! 5 Stars"

CRYSTAL C.

 5 Star GMFS Mortgage Customer Review
" As a first time buyer I had jitters. You guys made purchasing my first home easy you were helpful and patient with me. I was extremely impressed with the overall experience.  5 Stars"

MEGAN W.

 5 Star GMFS Mortgage Customer Review
"Wonderful help for a first time home buyer!  5 Stars" 

TINA D.

 5 Star GMFS Mortgage Customer Review
"I'd personally like to thank Ryan and the GMFS team for helping me purchase my first home. I started off with a credit score that was not so great which was very discouraging. He was very encouraging and positive that we could get my score where it needed to be. With his guidance and support I accomplished so much more than I ever thought possible. He truly cares about his clients and that is something I will forever be grateful for! I'm truly blessed to have had the opportunity to work with the entire GMFS team! My life is forever changed because of them and me and my children are absolutely loving our new home! Thank you ALL and May God Bless each and every one of you!  5 Stars" 

ALLEN A.

5 Star GMFS Mortgage Customer Review
"GMFS Mortgage made the process of buying my wife and I's first house easy. Thank you for making this happen for us. You found a way to make our dream of being a home owner a reality.  5 Stars"

BRANDON P.

5 Star GMFS Mortgage Customer Review
"GMFS made purchasing my first home a pleasant experience. Everyone there was very helpful throughout the process, and it didn't take too long to close. Thanks again!  5 Stars"

CAMERON L.

 5 Star GMFS Mortgage Customer Review
"Everybody we talked to was very helpful and friendly. I feel they worked hard to help my wife and I get exactly what we needed for our first home.  5 Stars"
 

ANA K. 

5 Star GMFS Mortgage Customer Review 
"Lance made buying my first house a wonderful & painless experience. He was very professional & always available to give advise & answer my questions. I am recommending him to several friends that are looking into buying a house in the near future. 5 Stars"

BRILEY W.

 5 Star GMFS Mortgage Customer Review
"We can't thank all of you enough for everything that y'all did to help us get into our first home!!  5 Stars"

VERNESTER C.

5 Star GMFS Mortgage Customer Review
"My experience with purchasing a home through GMFS was a great experience. The GMFS team was very professional, helpful and accommodating. I am a first time home buyer and I am very happy that I used GMFS. I am even recommending them to my daughter and son-in-law as well as my friends who are in trying to purchase a home.  THANK YOU . You made this experience very positive and easy for me! Thanks GMFS! 5 Stars"

STANLEY B.

5 Star GMFS Mortgage Customer Review
 "As a first time home buyer with zero knowledge or expectations, I can honestly say her upbeat positive attitude made me feel at ease. No stone went unturned. I would and will recommend anyone on the market to her! 5 Stars"