We Make Purchase Home Happen
Give us a call today to find out why Good Friends is one of the best home loan mortgage companies in the industry.
The Good Friend Team, working together with you from application to clear-to-close!
At Good Friend Mortgage Inc., we have cultivated strong relationships with wholesale investors over the past 20+ years.
These long-standing partnerships allow us to offer a wide array of mortgage loan programs designed to meet the diverse—and sometimes complex—home purchase needs of our clients.
Below is a sample of the mortgage loan options currently available. If any of these programs align with your goals, we’ll guide you through the application process and help you secure the right Home Purchase Mortgage for your needs.
Conventional (10-40 year available, 3+% Down), Self-Employed Borrower, Condo – Conventional, FHA, VA, Jumbo, USDA, Reverse and Multi-Family
This is how we do it!
Construction / Renovation Loans
(Table Funded)
One-Close Construction
- Terms of 15 and 30 years
- Primary residence and second homes
- Minimum 680 credit score
- Max LTV up to 89.99%
- 9-, 12-month build
One-Close Construction Jumbo
- 7/6 and 10/6 SOFR ARMs
- Primary residence and second homes
- Minimum 700 credit score
- Max LTV up to 85%
- Loan amounts up to $3 million
- 12-, 18-, and 24-month build
Fannie Mae HomeStyle® Renovation
- Terms of 15 and 30 years
- Primary residence and second homes
- Investment properties
- Combine purchase or refinance with renovation costs
- Includes features from Fannie Mae HomeReady®
Non-QM Loans
Advantage
- 30 & 40-year fixed; 7/6 & 10/6 SOFR ARM
- 10-year interest-only available
- Max LTV up to 90% (MI not required)
- Minimum 600 credit score
- Loan amounts up to $3 million
- Primary, second homes & investments
- DTI up to 55%
- Reduced seasoning on major derogatory events
- Optional income documentation
Advantage Plus
- 15, 30 & 40-year fixed; 7/6 & 10/6 SOFR ARM
- 10-year interest-only available
- Max LTV up to 90%
- Minimum 600 credit score
- Loan amounts up to $3.5 million
- Non-occupant co-borrower allowed
- Asset depletion (7-year utilization)
Non-QM Continued
Advantage Bank Statements
- 30, 40-year & 7/6 SOFR ARM
- 10-year interest-only available
- Max LTV up to 90%
- Minimum 600 credit score
- Loan amounts up to $3 million
- 12 months bank statements required
- Fixed expense ratio 50% / 20%
- DTI up to 50%
Advantage Bank Statements Plus
- Max LTV up to 75%
- Minimum 700 credit score
- Loan amounts up to $3 million
- Primary residence only
- Asset depletion allowed
- DTI up to 50%
Specialty Programs
Doctor Loan
- 5/6, 7/6 & 10/6 SOFR ARMs
- Primary residence
- Max LTV up to 97% (MI required)
- Loan amounts up to $1.5 million
- For doctors, residents & nursing professionals
Manufactured Homes
- Fixed-rate only
- Conventional, FHA & VA products
- Second-home & rate/term refi up to 90%
- Multi-width only
Ask Us About
- Float-downs
- TBD locks & underwriting options
- Co-ops
- FHA 203(k)s including referrals
Agency
Fixed
- Terms of 8, 10, 12, 15, 20, 22, 25, 27 & 30 years
- Max LTV up to 97% (up to 105% with DPA)
- Improved pricing for first-time buyers
- Temporary buydowns available
- No minimum credit score on primary residence
ARM
- 5/6, 7/6 & 10/6 SOFR ARMs
- Max LTV up to 95%
High Balance / Super Conforming
- Eligible for high-cost areas
Multiple Property
- Second home & investment properties
- Borrowers with 7–10 financed properties
Freddie Mac HomeReady®
- Max LTV up to 97% (105% with DPA)
- Income ≤ 80% AMI
- First-time buyer not required
Freddie Mac HomeOne®
- Max LTV up to 97% (105% with DPA)
- No income limits
- At least one first-time buyer required
Jumbo
Jumbo Express
- 15 & 30-year fixed
- Max LTV up to 90% (No MI)
- Loan amounts up to $3.5M
Jumbo ARM
- 5/6, 7/6 & 10/6 SOFR ARMs
- Max LTV up to 89.99%
- Loan amounts up to $4M
Jumbo Premier
- 30-year fixed
- Max LTV up to 85%
- Loan amounts up to $5M
Down Payment Assistance / Community Seconds
- Nationally approved DPA programs
- Available with Agency, FHA, VA & USDA loans
HELOCs
Standalone (Table Funded)
- Primary residence & second homes
- Max CLTV 89.99%
- $50,000 – $500,000 line amount
- Minimum credit score 699
- 30-year draw / 20-year repay
Government
FHA Fixed / ARM
- Max LTV 96.5%
- Min 580 credit score
- Manual underwriting allowed
FHA 203(h)
- 100% financing for disaster victims
VA Fixed / ARM
- Cash-out up to 100% LTV
- IRRRL available
VA IRRRL
- No appraisal required
Guaranteed Rural Housing (USDA)
- Max LTV up to 101%
- Rural property required
