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 close to $1 billion in mortgages annually. We are licensed in New York, New Jersey, Connecticut, Pennsylvania and Florida.

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
  • Interest Only Payment Option available on select products

Current Mortgage Rates

Rates as of 5/15/2013 and are subject to change.
Program Rate Points P & I Max Loan Amount APR
Conf. 15 yr 3 0 $2855.00 $417,000 2.944%
Conf. 30 yr 3.625 0 $1907.00 $417,000 3.664%
FHA 15 yr 2.750% 0 $2830.00 $417,000 2.819%
FHA 30 yr 3.250% 0 $1815.00 $417,000 3.288%
5/1 Lib ARM 2.750% 0 $1702.00 $417,000 2.787%
7/1 Lib ARM 2.875% 0 $1730.00 $417,000 2.911%
Jumbo 15 yr 3.625 0 $5262.00 $1,000,000 3.658%
Jumbo 30 yr 4.250% 0 $3590.00 $1,000,000 4.284%
* 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..


Program Rate Points P & I Max Loan Amount APR Max LTV
Jumbo 5/1 ARM 2.625% 0 $7029.00 $2,000,000 2.644% 75
Jumbo 7/1 ARM 3.000% 0 $7378.00 $2,000,000 3.020% 75
Jumbo 30 yr 4.375 0 $6149.00 $1,500,000 4.523% 75
* 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.]

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50 Broadway
New York, NY  10004
Phone: 212-837-4537
Fax: 212-668-1680
NMLS 60541

Licensed Mortgage Bankers NY, NJ, CT and PA Banking Depts.

 

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