Non-QM & Simple Prime Programs
It shouldn’t be complicated to finance a home! We saw a need for common sense solutions for self-employed borrowers and those with non-traditional income. Our Simple Access products are just that…simple, flexible, and straightforward.
Loan amounts up to $3MM
Credit scores as low as 620
Max LTVs: 85% Purchase, 80% R/T Refi and 75% C/O Refi
5/6, 7/6 and 10/6 ARM and 15, 30 and 40 Year fixed rates (except Investor Cash Flow program)
LLC, Partnership and Corporate title vesting are eligible
Exceptions may be considered to most guidelines with compensating factors
INVESTOR CASH FLOW
Home loan program designed for foreign national borrowers utilizing either liquid assets or rental income on subject investment properties for qualification. Must be able to legally enter the US, no defined length of stay required.
Excellent option for second home and investment scenarios that fall within agency guidelines. Improved pricing for vacation and investment property purchases and refinances. Full doc loans underwritten to DU or LP Findings.
We are in the process of re-tooling our simple mortgage programs. Check back with us in the coming months to learn more about our suite of wholesale simple mortgage lending solutions. Thank you for choosing Luxury Mortgage.
We provide flexible financing solutions and large loan amounts to accommodate a wide variety of jumbo purchase and refinance scenarios. Attractive terms for your most discerning clients.
DTI up to 43%
Credit scores down to 700
All occupancy types allowed
5/6, 7/6, 10/6 ARM, 15, 20 and 30 Year Fixed
Non-Warrantable Condos may be considered