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Non-QM Programs – New

Non-QM Programs – New

Rebecca Squyres

June 14, 2021

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GMFS is pleased to introduce two new Non-QM programs to complement our existing Jumbo Programs – GMFS Non-QM Select and Choice!

Non-QM Select & Choice Features:

  • Debt to Income Ratio over 43%
  • FICOs as low as 680
  • Second Home and Investment up to $2m/$1.15m respectively
  • Cash-out to $500,000 with a DTI of 50%
  • Asset Depletion Feature
  • Investment Purchase with No Lease
  • Departure Residence with Payment Excluded
  • Gaps of Employment
  • Use of Income on Short-term rental without a lease

These Products are now listed on gmfspartners.com > https://gmfsagent.com/non-qm 

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About GMFS

We are one of the fastest growing mortgage companies in the United States offering great mortgage financial solutions. Headquartered in Baton Rouge, Louisiana, GMFS originates residential mortgage loans, primarily in the southern states. Founded in 1999, GMFS has approximately 250 employees. more about GMFS

GMFS Mortgage is a BBB Accredited Mortgage Lender in Baton Rouge, LA
Equal Housing Lender. © 2017 GMFS, LLC. Upfront approval subject to satisfactory property review and no change in financial condition. Some products may not be available in all states. All loans subject to credit approval. All mortgages are originated by GMFS LLC at 7389 Florida Blvd. Suite 200A Baton Rouge, LA 70806. NMLS #64997. LA License 619. The retail division of GMFS LLC is Doing Business As “GMFS Mortgage”.

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