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
- 90% LTV to $1MM on primary residence purchase transactions
- 80% LTV on Investor Cash Flow purchase transactions
- 5/6, 7/6 and 10/6 ARM and 15, 30 and 40 Year fixed rates
- Allow use of the IO payment to calculate the DSCR
- Bank statement loans allowed with as little as a 10% expense factor
- Up to 55% DTI on Full Doc loan
- Unlimited cash in hand with certain restrictions
- 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.
Low-to-Moderate Income (LMI)
Luxury Mortgage Corp.® is offering a reduction in interest rates by 25 basis points for borrowers in Low-to-Moderate Income (“LMI”) communities