Mortgage Licensing

Business Purpose Lending

(Hover over the state for specific information)

A business purpose loan is used to acquire an investment property or refinance an investment property with or without cash-out.  The property used as collateral must be non-owner occupied and all cash-out funds are intended solely for business use.

The BPL licensing map below pertains to the following Luxury Mortgage Non-QM products: Investor Cash Flow (DSCR), Full Doc, and Bank Statement.

BPL Accepted: No Broker Company License Required / No Broker LO License Required

BPL Accepted: No Broker Company License Required / No Broker LO License Required

Must have term of 30 years or longer

BPL Accepted: Broker Company License Required / No Broker LO License Required

BPL Accepted: Both Broker Company License & Broker LO License Required

BPL Not Accepted by Luxury

Residential Licenses

Luxury Mortgage holds the following mortgage licenses issued by state regulators. We offer mortgage services for residential 1-4 family properties, including primary, second, and investment properties, as well as DSCR loans.

If you have questions about our licensing or how financial regulations impact your transaction, don’t hesitate to contact us.

Alabama Consumer Credit License No. 22303
Arkansas Arkansas Combination Mortgage Banker-Broker-Servicer, License No. 113858
California Licensed by the Department of Financial Protection and Innovation under the California Residential Mortgage Lending Act CRMLA # 4130164
Colorado The Colorado Division of Real Estate Company Registration #2745
Connecticut Mortgage Lender License #ML-2745
Delaware Licensed by The State Bank Commissioner, License No. 022631
District of Columbia Mortgage Dual Authority License # MLB 2745
Florida Licensed Mortgage Lender #MLD484. For licensing information, go to:>
Illinois Illinois Residential Mortgage Licensee # MB.0006615 by the Department of Financial and Professional Regulation, Division of Banking, 100 West Randolph, 9th Floor, Chicago, IL 60601 (888-473-4858) For licensing information go to
Louisiana Residential Mortgage Lender License
Maine Licensed Supervised Lender License #SLM6618
Maryland Licensed Mortgage Lender #10157
Massachusetts Licensed Mortgage Lender/Broker, License #MC2745
Michigan Michigan 1st and 2nd Mortgage Broker/Lender/Servicer Registrant License# FR0021279/SR0021280
Minnesota Residential Mortgage Originator License #MN-MO-4745
New Hampshire Licensed by the New Hampshire Banking Department #10099-MB
New Jersey Licensed Residential Mortgage Lender-New Jersey Department of Banking & Insurance License # 9823728
New Mexico Mortgage Loan Company License No. 03841
New York Licensed Mortgage Banker- New York State Department of Financial Services – 370 Lexington Ave, Suite 2202, New York, NY 10017
North Carolina Mortgage Lender #L-104218
Ohio Operates under Ohio Residential Mortgage Lending Act Certificate of Registration No. MBMB 850043.000
Oregon Licensed by the Oregon Division of Finance Regulation; Mortgage Lender, License No. ML-5485
Pennsylvania Licensed by the Pennsylvania Department of Banking – Mortgage Lender License #27662
Rhode Island Rhode Island Licensed Lender Licensed #20031560LL / Rhode Island Licensed Loan Broker #20092580LB
South Carolina BFI Mortgage Lender/Servicer License # MLS 2745
Tennessee Department of Financial Institutions License #129501
Texas SML Mortgage Banker – Four Landmark Square, Suite 300, Stamford, CT 06901
Utah Licensed by the Utah Department of Financial Institution, Residential First Mortgage Notification
Virginia Licensed by the Virginia State Corporation Commission # MC-5938. NMLS ID #2745 (
Washington Consumer Loan License # 520-CL-51057
Wisconsin Mortgage Banker License #2745BA
Wyoming Mortgage Lender/Broker License #3939, Consumer Lender License #CL-4248/3939

In Texas – Complaints regarding mortgage bankers should be sent to The Department of Savings and Mortgage Lending, 2601 N. Lamar, Suite 201, Austin, Texas 78705. A toll free consumer hotline is available at 1-877-276-5550. Complaint forms and instructions may be downloaded and printed from the department’s web site at The department maintains a recovery fund to make payments of certain actual out of pocket damages sustained by borrowers caused by acts of licensed mortgage banker residential mortgage loan originators. A written application for reimbursement from the recovery fund must be filed with and investigated by the department prior to the payment of a claim. For more information about the recovery fund, please consult the department’s web site at


The Department of Financial and Professional Regulation (Department) evaluates our performance in meeting the financial services needs of this community, including the needs of low-income to moderate-income households. The Department takes this evaluation into account when deciding on certain applications submitted by us for approval by the Department. Your involvement is encouraged. You may obtain a copy of our evaluation. You may also submit signed, written comments about our performance in meeting community financial services needs to the Department.

These materials are not from HUD or FHA and have not been approved by HUD or any government agency.
Credit and collateral are subject to approval. Terms and conditions apply. This is not a commitment to lend. Programs, rates, terms and conditions are subject to change without notice.

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