Loan Programs

The following is a partial list of programs offered by Gulf Mortgage Group, LLC with a brief description of the key elements of each. For a complete list of the programs that we offer, please contact us at 225-744-3541.

These materials are not from HUD or FHA and were not approved by HUD or a government agency.

FHA Mortgage

Backed by the Department of Housing and Urban Development, this mortgage offers the borrower the ability to put as little as 3.5% down payment - and they can even finance "allowable" closing costs. Seller can contribute up to 6% of the purchase price to the buyer towards closing costs.

Conventional

Traditional loan programs that usually require 5% down and offer competitive interest rates. Documentation good credit are necessary.

VA Mortgages

Backed by the Veterans Administration and the federal government, it is similar to FHA except that you have to be a qualified Veteran or military person. Zero down and no monthly pmi

Investor Loans

Used to finance 1-4 family properties that will be for investment with as little as a 20% down payment.

Construction Loans

Building a new home can be an exciting prospect - unless you get caught up in a construction loan approval process that is overly complicated and time consuming. With this loan, we will finance up to 90% of the cost of land plus the costs of construction.

Jumbo Loans

Offers 30 and 15 year fixed rate mortgage and competitive ARM products with full document, alternate documentation and limited documentation.

No Down Payment RD Loans

0% down payment required and closing costs can be paid by the borrower (seller can contribute up to 6% towards closing costs).