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.
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
Contact a GMFS Mortgage Loan Officer today!
Customer Reviews
Ryan and his team gives exceptional service and guidance. I’d trust them again and again! Thanks Ryan!!!
Ryan Larussa and his entire team went above and beyond for my son. As a 19 year old first-time home buyer, he wasn’t sure what to expect. Ryan and his team answered questions and gave advice in terms he could understand! Not to mention, they got an RD loan to the closing table in 3 weeks. I am beyond grateful for this team!
Andrea was an absolute dream to work with during the recent purchase of our new home! From our first conversation to the closing table, she was always kind, knowledge, available, and professional! She is the best!
Seriously GMFS is the only place I would ever think of using for my mortgage needs. Paul Plaisance is amazing and really goes above and beyond. Paul and Christy really made getting my dream home a reality. Can not recommend them enough!
Couldn’t have asked for a better home buying experience. Seamless process with all being done online, all questions answered, and his team was available to me whenever I had questions. My go to from here on out!
Swipe left to see more reviews
Customer Reviews
Ryan and his team gives exceptional service and guidance. I’d trust them again and again! Thanks Ryan!!!
Ryan Larussa and his entire team went above and beyond for my son. As a 19 year old first-time home buyer, he wasn’t sure what to expect. Ryan and his team answered questions and gave advice in terms he could understand! Not to mention, they got an RD loan to the closing table in 3 weeks. I am beyond grateful for this team!
Andrea was an absolute dream to work with during the recent purchase of our new home! From our first conversation to the closing table, she was always kind, knowledge, available, and professional! She is the best!
Seriously GMFS is the only place I would ever think of using for my mortgage needs. Paul Plaisance is amazing and really goes above and beyond. Paul and Christy really made getting my dream home a reality. Can not recommend them enough!
Couldn’t have asked for a better home buying experience. Seamless process with all being done online, all questions answered, and his team was available to me whenever I had questions. My go to from here on out!
Established
Over 150,000 customers and $30 billion in residential mortgage funding in 23 states
Efficient
Processing, underwriting, and closing under same roof means smooth & predictable closings
Trusted
A+ rating with BBB and winner of Torch Award for Marketplace Trust
Experienced
GMFS staff has an avg. of 14+ years of mortgage industry experience
*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.
| Loan Term | Down Payment | Annual Percentage Rate | Estimated Monthly Payment |
| 30 year fixed rate | 10% (90% LTV) | 4.75% | $1,043 |