1099 Only Mortgages
SIMPLE ACCESS® NON-QM FROM LUXURY MORTGAGE
PROGRAM OVERVIEW
Qualify borrowers that receives compensation in the form of commission or independent contractor basis and receive IRS form 1099 at year-end.
Program Highlights:
- Loan amounts up to $3MM
- Interest only available with 30 or 40 year term
- Max LTV Purchase 90%, R/T Refi. 85%, C/O Refi. 80%
- DTI up to 50%
- Multiple financed properties allowed
- Three 1099 qualification options
- Minimum one year self-employment (with prior related experience)
- All occupancy types allowed
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Thank you for your interest in our correspondent NON-QM and jumbo loan programs. If you're interested in becoming an approved broker for any of our correspondent lending products, we invite you to sign up here.
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Get In Touch
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