Simple SecondsSM
A powerful Second Mortgage program designed to help borrowers unlock more of their home’s equity.
Program Highlights
– Loan Amounts up to $1MM
– Credit scores down to 720
– Available as a standalone or concurrent second
– DTI up to 50%
– Fixed rate terms: 15 and 30 year
– Primary, Second home & Investment properties
– 1099 Only, Bank Statement, DSCR, and Full Doc income types
– No MI, no prepayment penalties, no escrows required
– Borrower Paid Comp only or min rates starting at 7.999%
Standard Documents Checklist
Complete the Loan Action Form within the Broker Portal
Initial 1003 signed by the Loan Officer
Business verification (if applicable)
Purchase Contract (if applicable)
Photo ID and credit authorization
Have a borrower looking for a second mortgage?
Use our Calculation Worksheet to pre-check eligibility and streamline your file set-up.
CORPORATE
Luxury Mortgage Corp.®
Four Landmark Square
Suite 300
Stamford, CT 06901
(888) 458-6267
WEST COAST
Luxury Mortgage Corp.®
18100 Von Karman Ave
Suite 350
Irvine, CA 92612
(949) 516-0710
