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Tips From GMFS!

August 22, 2022

Did you know that you have the entire construction process to save money to put toward your down payment? 

"The one time close construction loan at GMFS Mortgage allows the homeowner to borrow up to 95% of the subject to completion value. This loan allows for 12 months of interest only to allow construction of the home. Upon completion of construction, the loan balance is modified into permanent financing. Modification allows the homeowner to apply addition funds toward the principal balance. Apply additional funds at modification may result in lower monthly payments."

Written by Amimia Doucet 



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Manuel Builders is a family owned company that has been in business for over 50 years. We build residential homes on your lot and develop outstanding communities. We have built in Lafayette, Carencro, Broussard, Youngsville, Erath, Kaplan, Ville Platte, Lake Charles, Sulphur, Westlake, Moss Bluff, Iowa, Dequincy, Duson, Scott, Maurice, Anchorage, Port Allen, Brusly, Addis, Baton Rouge, Scotlandville, Merrydale, Monticello, Central, and surrounding cities in Louisiana. Manuel Builders reserves the right to make changes to speculative homes under construction. Colors, exterior finishes and square footage may vary from pictures, plans, and virtual tours. Elevation Renderings could include optional features that are not included in the base price. Prices also subject to change without notice.

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