+25 bpsPricing improvement on eligible purchase transactions
Eligible
Minimum FICO: 700
Maximum LTV: 80%
Minimum DSCR: 1.00
1–4 Unit properties
Exclusions
5–10 Unit Properties
August Flash Special — Prime Access Non-QM
Wholesale
+25 bpsPricing improvement on new Prime Access Non-QM locks
Eligible
Minimum FICO: 740
Maximum LTV: 65%
New locks only
Exclusions
DSCR / Investor Cash Flow
LMI IncentiveLow-to-Moderate Income — −0.125 %
OngoingClick to expand▼
Low-to-Moderate Income Consumer Incentive
A way to help local communities
Luxury Mortgage is reducing rates by 0.125% for borrowers in Low-to-Moderate Income (“LMI”) communities. We are committed to equal homeownership opportunities for all.
Configure your scenario and click Price This Scenario
Luxury Mortgage Corp.®
Pricing is indicative only and subject to change. Final pricing determined at time of lock request. Verify all scenarios against current LMC guidelines before locking.
Pricing Detail
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Rate Adjustment
Temporary Buydown Calculator
Estimates seller/builder-funded escrow & the associated rate-sheet LLPA
Note Rate
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Year 1 Rate
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Buydown Escrow
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LLPA Add-On
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Loan Inputs
2-1 Buydown
Warning: buydown would push year-1 rate at or below 0%. Rate floor of 0% applied.
Year-by-Year Payment Schedule
Year
Rate
P&I
Monthly Savings
Annual Savings
Total Buydown Escrow
Amount to be funded upfront by Seller
$0.00
0.000% of loan
Rate-Sheet LLPA (Temp Buydown Add-On)
Applied Adjustment
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Section 3.5: Borrower qualifies at the NOTE rate, not the bought-down rate. Buydown is Seller- or Builder-funded (Borrower-funded is not permitted). P&I only — excludes taxes, insurance, MI, HOA.