Luxury Mortgage

Established in 1996

Over $1.9B in 2025 

Dedicated support team: 1 Account Executive, 1 Account Manager and 1 Sales Support Specialist and Ops Manager

Program Highlights and Loan amount maximums

Up to $5M – Full Doc, Bank Statements, 1099, Asset Qualifier, and DSCR

$4M-$5M – Full Doc, Bank Statements, 1099, Asset Qualifier

Asset Qualifier (not depletion)

-FICO as low as 620 FICO

-No DTI, Employment or Income documentation needed

-Qualification based solely on verified liquid assets

-Example: 400k loan amount with $500k in assets.

-All Occupancy types eligible

-Three methods available to calculate income.

Seconds

-Available on DSCR too

-Minimum FICO 680

-Up to 85 LTV 70 LTV on DSCR

-Loan Amounts up to $1M

DSCR

-DSCR down to 620 FICO

-No escrows required up to 80% LTV

-Can qualify off I/O up to 75% max LTV, 700 FICO required

-DSCR as low as .75 

-DSCR 5-10 units (escrows required)

-Mixed use available, no more than 1 commercial unit

P&L Only Program

-FICO 700 minimum

-DTI up to 50%

-Max LTV:80%  for Primary; 75% for Second Homes/Non-Owner Occupied

-Loan amounts up to $1.5MM

Bank Statements

-FICO scores down to 620

- 90% LTV with a 700 Fico

-Use middle FICO of primary wage earner

-Expense factor can be provided by any CPA or tax preparer.

Minimum expense factor is 10%

-Max DTI: 50%
- Can combine other incomes, W2, lease agreements, SSI, 1099

Full Doc

-FICO scores down to 620

-Use middle FICO of primary wage earner

-Loan amounts up to $5M

-Up to 55% DTI with 680+ FICO, Max LTV 70%, Purchase or Rate & Term only

1099

-10% expense factor applied

-Can use 1 or 2 years 1099s

- 90% of 1099 income used for qualification

- 1099s issued to an entity are acceptable if the borrower owns 100% of the entity and expenses are limited.

Other programs available

- Prime Non-QM:  A paper pricing available on Bank Statement, DSCR, and 1099 programs

- Foreign National

- ITIN

Miscellaneous:

2-1 Buydowns for Primary and Second homes( Builder or Seller only)

- Closings in as fast as 6 days (submission to funding)

- Transferred appraisals OK

- Highly competitive pricing, especially for purchase transactions

- 40-year terms available

- Guideline exceptions considered – can be reviewed prior to submission

DSCR loans . 35 States where Loan officers do not need to be Licensed