New York Home Purchase Loans, Flushing Home Purchase Loans

Manhattan Loan Broker / Manhattan Mortgage Broker / Manhattan Lending Bank / Manhattan Financing Expert

A Large Home Deserves a More Flexible Loan Program

In the current real estate market, more homebuyers are choosing high-value properties, whether to upgrade their living environment or to diversify their family assets. However, traditional mortgages are often limited by the “conforming loan limit.” Once this limit is exceeded, you need to apply for a jumbo loan.

GMCC has created a “Jumbo Loan Fast Track” specifically for these clients. Through a more flexible approval process, higher loan limits, and fewer additional requirements, high-net-worth clients can easily start their journey toward luxury homeownership.

Minimum 10% Down Payment, Loan Amounts Up to $3,000,000

Through this program, clients can apply for loans up to $2 million with a minimum down payment of just 10%. With a down payment of 15%-20%, the loan amount can be increased to $3 million. Even more importantly, there is no mortgage insurance (MI) required, helping clients save a significant amount each month.

This Jumbo loan program is perfect for high-end clients looking to purchase single-family homes, properties in top-rated school districts, or homes in prime Bay Area locations.

Flexible Credit Scores, Efficient Approval

The minimum credit scores required for this product are:

740: 10% down payment, for loans up to $2M.
700: 15% down payment, for loans up to $3M.
680: 20% down payment, for loans up to $3M.

The approval process is fast, making it suitable for clients with tight deadlines or special financing windows. There’s no need for complex asset documentation, and some applicants can even qualify with a simplified tax return (only 1 year of tax records), increasing the approval rate.

RSU and EAD are Accepted; Self-Employed Individuals Can Also Apply

This program is also friendly to those in the tech industry, entrepreneurs, and overseas technical talent:

RSUs (Restricted Stock Units) can be used as a source of income.
EAD (Employment Authorization Document) holders are eligible to apply.
Self-employed individuals can prove their income with bank statements or a P&L statement, without needing full tax returns.

This versatile eligibility is one of the most attractive advantages of our high-value home loan program.

Suitable for Various Property Types, Meeting Different Homebuying Goals

Whether you plan to buy a:

Primary residence
Second/vacation home
Investment property (for rental purposes)

GMCC’s Jumbo program offers flexible loan structures. You can also combine it with our 2-1 Buydown program to further lower initial monthly payments, maximizing your capital allocation.

GMCC, Your Trusted Loan Expert

As an institution with years of experience in high-value loans, GMCC understands the evolving needs of high-value real estate transactions. We don’t just provide a product; we also offer: