New Non-QM Programs
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://gmfspartners.com/products/non-qm/