Location
San Jose, California
Industry
Residential
Scope of Work
Qualify for a loan while keeping your deposit safe
Timeline
14 months
Year
2026
A young couple made a non-contingent offer to buy their dream house in San Jose. However the big bank that issued pre-approval letter denied their loan due to overseas gift and the loan officer was irresponsive. Through GMCC in-house Agency Jumbo Program, David helped the couple get the loan funded within 14 days and kept their $80k earnest money deposit safe.
The Strategy
GMCC has the Jumbo loan program that follows Fannie Mae's guideline which streamlines the underwriting.
Our Approach
With in-house underwriting, our underwriter was able to review and approve the file in a rush tag and meet the tight closing schedule.
Before
The young couple faced of losing their 3% EMD risk which is around $80,000. The big bank was super slow in responding and lack of communication.
What We Delivered
Approved and closed with GMCC Agency Jumbo program. The young couple happily received the key and went to Hawaii for vacation the day after closing.
What our Client has to say:
“David is very professional and all the process is so clear and efficient.” — Guoshiwen H., First-Time Homebuyer
