Direct lender. In-house underwriting. Loans to $10M.

Primary homes and investment property — quoted, underwritten, and funded under one roof.

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Today's pricing

Rates & APR

Queens, NY · owner-occupied · single-family · $800,000 purchase · 70% LTV (30% down) · 760 FICO · 1 point

See full rate disclosures below.*

Full Doc (QM)

TermRateAPR

Non-QM · 30-Year Fixed

Income TypeRateAPR

Estimates only — rates and APRs subject to change; not a commitment to lend.

Market read

Rate lock advisory

Where the market sits today, and how I'd think about lock timing — by how close you are to closing.

Lock / float read
Closing ≤ 7 daysabout to close—
Closing 8–30 daysin process—
Closing 31–60 daysunder contract soon—
Closing 60+ daysstill shopping—
Today's note
Rate trend

What's moving rates

This lock/float read is generated automatically from current market data and shared by Jack Chen (NMLS #2425956) for general education — not a commitment to lend, a rate-lock offer, or financial advice. Mortgage rates move continuously and your actual rate depends on your full profile. Past and current trends do not predict future rates. Talk to me before making any lock decision.

For your primary home

Buying to live in

Plan the monthly payment, see what you can afford, and qualify on bank statements if you're self-employed.

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Loan Amount: $640,000
Total monthly principal & interest
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Principal & interest—
Property tax—
Home insurance—
HOA—
Mortgage insurance—
Monthly payment—

Estimate only. Full monthly payment including taxes, insurance, HOA and mortgage insurance (MI applies under 20% down).

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You could buy up to
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Loan amount—
Housing payment (P&I)—
Monthly budget at DTI—

Estimate only. P&I at your target DTI; taxes, insurance, HOA and PMI lower the real ceiling.

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Qualifying monthly income
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Max housing payment—
Supportable loan amount—

Estimate only. Qualifying income = deposits × (1 − expense factor) × ownership %.

For investment property

Does the deal pay for itself?

Coverage ratio, cash flow, and the return on the cash you put in.

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Loan amount—
Full monthly payment (PITIA)—
Monthly cash flow—

Estimate only. DSCR = gross rent ÷ full payment. *40-yr is interest-only.

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Monthly cash flow (after debt service)
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Annual NOI—
Cap rate—
Total cash in—
Cash-on-cash return—

Estimate only. Operating expenses exclude the mortgage; cash-on-cash = annual cash flow ÷ cash invested.

Free deal review

Send me the deal. I'll tell you if it funds.

Property, rent, and your down payment — I'll run the coverage, match it to the right DSCR or non-QM lender, and lay out the rate, reserves, and terms. Investment property is what I do all day.

Jack Chen
📱 (929) 523-5865 ✉️ jack.chen@gmccloan.com 💬 WeChat — tap to copy