Expanded Prime

Expanded Prime Mortgage / Non-QM Loans

Expanded Prime loans allow for a greater range of borrowers to qualify that may not be eligible for traditional conventional loans,  especially self-employed borrowers and those with sufficient assets to cover a loan.

Mom and daughter having fun with soap foam in the kitchen

Features

  • Personal & Business Bank Statements with the use of 1099’s
  • Loan amounts up to $3 Million
  • DTI up to 50%
  • 1-Year Tax Return and W-2 Doc Options
  • Investors with greater than 10 properties
  • Non-Warrantable Condos
  • Prior Foreclosure or Bankruptcy
  • Up to 90% LTV
  • No MI
  • Interest Only options for Fixed and ARMs
  • Prepayment Penalty for Investment Properties that Offer More Attractive Pricing
  • 5/6 SOFR ARM

Let’s Talk

Contact a GMFS Mortgage Loan Officer today!

Rating: 4.75 out of 5

……….

Dominick M. Denham Springs – August 25, 2026
Rating: 5 out of 5

Shannon did an amazing job keeping all parties updated and getting us to the closing table as smoothly and quickly as possible. I was so impressed!

Katie M. Baton Rouge – August 25, 2026
Rating: 5 out of 5

Professional

courteous

responsive

Barbara Lee P. Macon – August 27, 2026
Rating: 5 out of 5

The paperwork was presented perfectly by Paul. His assistance and communication both through the portal as well as text and phone calls to Me far exceeded my expectations. Everything flowed seamlessly and through the process, i noticed every day that we worked together to get the items ticked off out list which allowed us to close as quickly as we did. Paul’s service is a 10 out of 10.

Samuel M. Denham Springs – August 28, 2026
Rating: 5 out of 5

Great experience

Amanda E. Ventress – August 24, 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.

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.

*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