*Purchase Special*

All Non-QM loans locked in December meeting the below criteria will receive a 25 bps price improvement:
Min 700 FICO | Max 80% LTV | All Loan Amounts | Min 1.00 DSCR | Max 4 Unit
Note: 5-10 unit properties are not eligible for the monthly special.

*Loan Amount Special*

All Non-QM loans locked in December meeting the below criteria will receive a 25 bps price improvement:
Purchase or Refi | Min $1MM and Max $2.5MM Loan amount | Min 700 FICO | Max 80% LTV | Min 1.00 DSCR | Max 4 Unit
Note: 5-10 unit properties are not eligible for the monthly special.

*LMI Consumer Incentive*

Reduce interest rate by .125% for borrowers in Low-to-Moderate Income (“LMI”) communities. This rate reduction applies to the purchase or refinance of primary residence located in an LMI census tract. The maximum loan amount eligible for this reduction is $750,000.

CLICK HERE to view the census track.

Luxury Mortgage’s Quick Quote pricing engine has been updated to include this month’s purchase specials. DSCR pricing is based on Long Term Rent. There is an additional adjustment for Short Term Rent.
Please note that the LMI incentive is not currently factored into the pricing engine.