✍️ Example:
Actual Loan: Home Purchase Price $1.5M, Loan Amount $1.2M, Loan-to-Value Ratio 80%, Credit Score 720, Owner-Occupied Property, Loan Margin 1.25%, Based on SOFR Index, 2/1 Adjustable Rate Cap.
Mortgage Expert
New York Home Loans
New York Mortgage Experts for Home Loans & Refinance
As leading New York mortgage experts, GMCC offers low down payment home loans, refinancing, no tax return loans, and DSCR programs nationwide. With in-house underwriting and direct lending, we deliver fast approvals and flexible loan solutions for every borrower.
GMCC provides clients with a wide range of mortgage services across 49 U.S. states, offering flexibility, efficiency, and trusted solutions.
Covering FHA, VA, Conventional, Jumbo, and No-Tax-Return loans for primary residences, investments, foreign nationals, and new immigrants.
Whether you’re a first-time homebuyer, self-employed entrepreneur, or foreign national, General Mortgage Capital Corporation (GMCC) provides customized loan solutions. From zero down payment and no-tax-return loans to DSCR investment programs, our in-house underwriting and direct lending ensure efficient, transparent service with one-on-one Chinese-speaking advisors. Plus, multi-state grants and community loan programs help reduce your down payment burden and make your homeownership dreams easier to achieve.
GMCC
Amazing Loan Programs
Amazing Small & Jumbo Loans 5-Year Adjustable Rate
5.375% (6.572% APR)
✅Pass the automated underwriting system review
Provide income and asset documents as required by the automated approval system.The automated approval system determines the required reserve amount.
✅Accepts purchase loans, refinancing, and cash-out loans
Cash-out loans available for primary residences only
✅Debt-to-income ratio can be up to 45%.
Loan-to-value ratios:
- Purchase and refinance loans can reach up to 80%
- Cash-out loans can reach up to 75%
✅ Loan amounts from $300,000 to $1,500,000
✅ Minimum credit score required is 700
✅Primary residences and vacation homes accepted
No extra fees or higher interest rates will be applied to vacation homes.
✅ Single-family homes, townhouses, and detached condos are accepted.
✅ Accepting applications from NY, NJ, PA, and CT
North America Foreign National Loan Specialist Upgrade or Downsize Your Home with Ease
No Income Verification Required
Non-QM Helps You Finance Your New Home Without Selling Your Old One
✅ Suitable for upgrading or downsizing homes.
✅ Provide a letter of intent to purchase, with 100% exclusion of the existing property’s PITI (principal, interest, taxes, and insurance).
✅ Loan amounts from $150,000 to $3,000,000.
✅ Minimum 20% down payment, with up to 20% equity from existing property; debt-to-income ratio (DTI) up to 55%.
✅ Non-QM options available: bank statements + income verification
✅The 3-2-1 temporary rate buy-down plan can be used to significantly reduce monthly payments.
✅ Direct nationwide in-house underwriting and funding, with loans approved in as fast as 10 days.
✅ Diverse loan products to meet all mortgage needs
✅ 100+ resources available, in partnership with major real estate groups.
Non-QM Loans Are Ideal For:
📌 Self-Employed / Small Business Owners
📌 Low Tax Return Earners
📌 Foreign Nationals / New Immigrants
📌 Asset-Based Borrowers
📌 Investment Property Buyers
10% Down Payment
Up to 90% Financing, Maximum $3 Million, No Mortgage Insurance Required？
All programs and rates are subject to change without prior notice and require credit approval; additional restrictions may apply. This does not constitute a credit decision.
Only one year of bank statements required, no tax documents needed—easy application made simple!
No tax returns required; qualify for 90% loans with bank statements—lower loan barriers!
Business or personal account assets qualify; 1099 income can also be used as reserves!
Minimum down payment just 10%, loan amounts up to $3M—lock in competitive rates you can’t miss!
Bank Statement
One Year of Bank Statements
No Tax Returns Required
✅ 90% mortgage loans with no mortgage insurance (MI)
✅ Credit scores as low as 660
✅ Loan amounts up to $4,000,000
✅ Requires 2 years of self-employment; exceptions for 1+ year self-employment history
✅ Up to 85% LTV for third homes and investment properties
✅ Available for purchase, refinance, cash-out, and rate/term refinance
✅ 12 or 24 months of business bank statements (minimum 50% ownership)
✅ 12 or 24 months of personal bank statements (minimum 25% ownership)
✅ Eligible for primary residences, vacation homes, and investment properties
✅ 40-year term options with interest-only payments for the first 10 years
GMCC No Ratio Loan | No Tax Returns Required, Bank Statements Only
No Ratio Mortgage Loan Program
Available in: California (CA) New York (NY) Hawaii (HI) Illinois (IL) New Jersey (NJ) All counties in Nevada (NV)
✅ Only one month of bank statements or Verification of Deposit (VOD) required
✅ Primary residence loan limits:
LTV 65% up to $1 million；LTV 60% up to $2.5 million
LTV 55% up to $3 million；LTV 50% up to $3.5 million
✅ Also available for rental properties and foreign nationals. Foreign nationals may qualify without credit scores using alternative credit history
✅ Offers purchase, refinance, and cash-out loan types
At closing, a deposit must be placed in a CD account at an FDIC-insured designated bank
Customer Testimonials
Every Positive Review Is Proof of Our Outstanding Service
Eric Sam
“Many thanks to Joe for his dedicated help, enabling us to refinance just before rates rose. He patiently answered all my questions and acted swiftly. A highly responsible and professional loan officer—highly recommended! “
Acts Very Quickly
Simon XC
“Joe is warm and professional, helping us accomplish the impossible and always keeping us in his prayers 🙏 Truly heartwarming ☺️ We’ve become friends and will definitely reach out to Joe for future home purchases or moves. “
That’s really heartwarming!
Minghui Huang
“Thanks to Joe and his professional team. This is my second time working with him—his sincerity earns our trust. Thank you again! “
Trustworthy and Reliable
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