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: 5 out of 5

GMFS, Todd, and especially John were absolutely fantastic to work with. Fast responses, very knowledgeable, flexible, and made the entire buying process so easy. I would highly recommend John and had a great experience.

Matt W. July 30, 2026
Rating: 5 out of 5

Neil made it a easy and fun experience, also made sure to answer all questions in a timely matter.

Kraig Steven J. Theodore – August 1, 2026
Rating: 5 out of 5

Communication

Scott W. Covington – July 27, 2026
Rating: 5 out of 5

Randi did an awesome job getting my client to the closing table! She kept me informed through the entire process which I greatly appreciated. I would be happy to recommend her to any of my buyers in the future.

Gayle S. Mandeville – July 31, 2026
Rating: 5 out of 5

The entire process was handled in a timely and professional manner with no delays all the way to the closing table.

Gary F. Prairieville – July 27, 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