Since 1983, GFI Mortgage Bankers has offered residential clients not simply a mortgage, but a partnership in their home buying process. Beginning as a neighborhood lender, GFI is currently one of the largest licensed home mortgage firms, funding $1 billion in mortgages annually. Our mortgage branches are located in New York, New Jersey, Florida, Connecticut, Pennsylvania and Maryland.
GFI's highly trained mortgage professionals take a hands-on approach to every transaction, working directly with real estate brokers, developers, and attorneys for fast approvals, while conveniently providing in-house processing, underwriting and closing.
1 - 4 Family Residences
Condominiums
Co-ops
Jumbo and Super Jumbo Loans to $10mm
No Income Verification Loans Available on Select Products
One Year Rate Lock Available on Select Products
Interest Only Payment Option available on select products
Current Mortgage Rates
Program
Rate
Points
APR
P&I per
$1,000
Max Loan
Fees In
APR
30 Yr Fixed
please
call
$417,000
$650
15 Yr Fixed
please
call
$417,000
$650
30 Yr Fixed (NY Metro area)
please
call
$729,000
$650
15 Yr Fixed (NY Metro area)
please
call
$729,000
$650
5/1 Jumbo 'Low LTV' program *** SPECIAL ***
4.000
0
3.806
4.770
$3,000,000
$650
10 Yr Fixed Jumbo
4.625
0
4.644
10.42
$1,500,000
$650
30 Yr Fixed Jumbo (for NY add 0.125 to rate)
5.375
0
5.383
5.600
$750,000
$650
15 Yr Fixed Jumbo (for NY add 0.125 to rate)
4.625
0
4.638
7.710
$750,000
$650
30 Yr Fixed Jumbo (for NY add 0.125 to rate)
5.625
0
5.629
5.760
$1,500,000
$650
15 Yr Fixed Jumbo
4.750
0
4.757
7.780
$1,500,000
$650
3/1 ARM ****SPECIAL !!****
4.375
0
3.550
4.990
$1,500,000
$650
5/1 ARM ****SPECIAL !!****
4.375
0
3.657
4.990
$1,500,000
$650
3/1 ARM
4.450
0.625
4.011
5.040
$5,000,000
$650
3/30 Balloon
4.180
0.625
4.234
4.880
$5,000,000
$650
5/1 ARM
5.600
0.625
4.490
5.740
$5,000,000
$650
5/30 Balloon
5.100
0.625
5.814
5.430
$5,000,000
$650
7/1 ARM
5.900
0.625
4.733
5.930
$5,000,000
$650
7/30 Balloon
5.480
0.625
5.537
5.670
$5,000,000
$650
3/1 ARM Conforming
please
call
$417,000
$650
5/1 ARM Conforming
please
call
$417,000
$650
Rates as of
11/06/2009
and are subject to change.
*Assuming loan amount greater than $300,000. Lower loan amounts may require a higher rate.
All rates subject to loan approval and can vary depending on state, loan purpose, occupancy, down payment percentage and property type. Some of our loans are arranged with 3rd party providers. Certain mortgage loan products may impose a pre-payment penalty. You will be notified of such terms in writing, once you decide which program is best for you.
[The information on this page is updated directly by the lender using HSH's LiveEdit service. Please contact the lender with any questions or comments about the information posted here.]
Want More Information From GFI Mortgage Bankers, Inc.?
50 Broadway
New York, NY 10004
Phone: 845-634-3330
Fax: 845-634-3340
Licensed Mortgage Bankers NY, NJ, CT, FL, PA and MD Banking Depts.