OUR MISSION
Our current headquarter is located in Burlingame, CA with several branch offices across 3 states (CA, TX, AZ). We have been a Freddie Mac, Fannie Mae approved seller/servicer since 2018 and have greatly expanded our mortgage-based solutions into a wide portfolio of home purchase, refinance, and home equity products. We are currently licensed in 8 states and have earned a number of awards and accolades along the way.
GMCC is dedicated to making the mortgage process easy, stress-free and rewarding. Our culture is based on honesty, humility, integrity, and service - whether you're stuck in the snow on a cold winter night or seeking to achieve the American dream of homeownership.
Our mission is simple: to provide you owith the best possible advice and benfit to your financial needs while facilitating a straight-forward, transparent mortgage process for buyers, sellers, and realtors.
The goal at GMCC is to be recognized as the leading and most reputable mortgage company in the nation. We begin that process by earning your trust through knowledge and communication. You, as the customer, are our first priority and we pride ourselves on developing rewarding, long-term customer relationships. We can close your housing loan quickly and help you save money because we empower our loan officers with advanced mortgage technology that enchances their customer service and industry expertise.
LOAN PROGRAMS
Here at GMCC, we offer a wide array of mortgage programs from over 100+ resources for a low rate. Some of these programs are:
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Non-Agency Programs - Can use 1 year tax return income to quality for a good rate (full-doc pricing). Lowest Loan Amount: $100k
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Non-Agency Programs can use asset/equity/bank statements to convert into income to qualify; close to full-doc. Lower Loan Amount: $100k
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Rental No Ration, min. 25% down, Min. FICO 620. No Job/Employment needed. Much cheaper than private/hard money.
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Non-Agency Programs can use agency DU guidelines to underwrite.
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Borrowers (especially High-Tech Borrowers); 80/10 million purchase price, very good rate similar to 20% down.
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Also, 10% down up to $3 milssion purchase price, no Mortgage Insurance (15% up to $3 million, no MI, better rate)
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H-4 VISA okay even for borrowers with F1 VISA w/ EAD, do-able for Non-Agency Programs
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Credit and Employment history less than 2 years. At current job, RSU/Bonus less than 2 years, all feasible
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House Upgrade- buy without having to sell first, can exclude departure PITI 100%
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Lite Doc. can use WVOE or VVOE w/ 2 month bank statements to qualify. 12/24 month bank statements available to cash-out up to 70% of $5 million using bank statement ($2 million cash-out).
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A lot of investment property mortgage financing specials
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Gift Fund 100% allowed (30% down payment required)
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20-25% down similar to owner-occupied
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15 year ARM available for rental special
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15% down, investment, no MI, good rate, can use Full/Lite Doc
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40 year amortization, interest only, cash-out,...
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Even Non-Agency (True Jumbo Loans), GMCC can underwrite and fund in-house...
Disclosure: All loans are subject to underwriting approval, does not guarantee credit decision. All programs are subject to change without notice.
CHARLES ZHAO
JAMES JIN
RAYMOND CHOU