Why Choose Luxury Mortgage

Luxury Mortgage’s Correspondent division strives to provide our lending partners and your borrowers with the most competitive products and services in the industry. With over 25 years of experience and a Sales team of seasoned experts, we have the ability to handle even the most complex scenarios and provide innovative solutions. By providing 3 day in-house underwriting turn times, immediate responses to scenario questions, extensive operations training and a bank statement review desk our lending partners are able to put more borrowers into homes that cannot qualify for Agency financing.

We also offer the industry’s most comprehensive array of Non-QM programs with broad qualification options. Our Simple Access ® Bank Statement program is designed for the self-employed client. Our Investor Cash Flow (DSCR) program is designed specifically for investors who qualify based on the cash flow of the subject property(s).


It shouldn’t be complicated to finance a home! We saw a need for common sense solutions for self-employed borrowers and those with non-traditional income. Our Simple Access products are just that…simple, flexible, and straightforward.

  • Loan amounts to $4.0M (higher by exception)
  • Cash-out use for reserves (max 75% LTV)
  • Cash-out (in hand) refi up to $2.5M (max 75% LTV)
  • One appraisal required for loan amounts to $2M
  • Minimum FICO 620
  • 7/6 and 10/6 ARM; 15 and 30 FRM
  • 30 and 40 year fixed I/O options
  • LLCs and Corporations are eligible vesting types
  • Primary wage earner FICO used to qualify
  • Non-warrantable Condo & Condotels to 75% LTV
  • Mixed-use properties (up to four units)
  • Current property value used for refinances
investor cash flow


Created specifically for investors, qualification is based on the income to be generated by the subject property. It’s no longer necessary to have large amounts of cash on hand to build a real estate portfolio.
bank statement


Qualify based on analysis of bank deposits rather than traditional income documentation. No tax returns required. Business or personal bank statements are permitted. Choose from several options for calculating qualifying income.
1099 only

1099 ONLY

Qualify borrowers who receive their compensation in the form of commission or independent contractor basis and receive IRS form 1099 at year-end. Minimum 1 year self-employment (with prior related experience)
asset qualifier


Eligibility is based on liquid assets in a savings or securities account. No need for tax returns or traditional income documentation. Allows homebuyers to use assets for qualification without tying them up for a home purchase.

full doc


A solution for scenarios that don’t quite fit the guidelines for conventional financing. Qualification focuses on the borrower’s ability to repay based on common sense underwriting, and perfect credit is not required.

Contact Us

Have questions about our products or working with Luxury Mortgage Correspondent? Give us a call or complete our contact form and we’ll follow up with you.


Scenario 1: $1,061,650 / Purchase

Doc Type: Full Doc
Occupancy: Primary
Product: 7/6 S ARM

Scenario: Borrower had two 60 day mortgage lates as a result of an auto payment issue with their bank that was resolved and back payments made immediately following.

Resolution: Considered, borrower to provide LOE explaining situation.

Comp Factors: Credit profile free from derogatory remarks except for mortgage lates, strong assets, low DTI, and long term property ownership.

Scenario 2: $714,000 / Purchase

Doc Type: Bank Statement
Occupancy: Primary
Product: 30 FRM

Scenario: Borrower had >3 but under 10 NSFs in 12 months due to their customers checks being returned/bouncing.

Resolution: Considered, LOE provided by borrower aligned with bank statements and NSFs were not fault of borrower.

Comp Factors: Upward income trajectory, good asset position both business and personal, and long term employment.

Scenario 3: $4,250,000 / Cash-out Refi

Doc Type: Asset Qualifier
Occupancy: Primary
Product: 7/6 S IO ARM

Scenario: Borrower had previous credit issues since resolved, including 120 day mortgage lates. All tradelines were current and paid on time for most recent 14 month period and borrower was looking to use CO proceeds to pay down margin loan used to acquire subject property for cash <6 months prior.

Resolution: Considered, allowed CO proceeds to be used to pay down margin loan and use account value post-pay down toward asset count. Documented funds used to acquire subject property and LOE on credit history.

Comp Factors: Exceptionally strong asset position, bolstered in a few months by sale of REO, low LTV, and credit score not necessarily indicative of current profile.

Scenario 4: $950,000 / Purchase

Doc Type: Bank Statement
Occupancy: Primary
Product: 30 FRM

Scenario: Borrower was in a seasonable business where summer is busiest. Borrower provided LOE addressing nature of business and was able to effectively pivot business operations to a remote work environment and still have a strong summer despite pandemic. 12 months bank statements provided, utilizing CPA letter for expense ratio.

Resolution: Considered, CPA confirmed reasoning for decline based on seasonality of business.

Comp Factors: Strong reserves, low LTV, good credit profile showing timely payments.

Scenario 5: $900,000 / Purchase

Doc Type: Asset Qualifier
Occupancy: Primary
Product: 30 FRM

Scenario: Borrower seeking to use joint funds from spouse not on loan, but on title, toward allowable asset count.

Resolution: Considered, validated spouse had minimal debt.

Comp Factors: Strong asset position, borrower had clean credit profile.


Thank you guys for everything that you do! You are my go-to.

– J.M.

Thank you, Thank you Luxury Mortgage team! We really appreciate all of the hard work the past few days to bring this to a close, great job everyone!

– I.L.

I want to thank you and the whole team for doing such a great job on the refinance. I have done these DSCR loans before with other lenders and they were a disaster. From your help setting up the program to the underwriting to the final funding, this loan went smooth. I will encourage anybody in my office to send a Non-QM loan your way. Thanks again for doing a great job.

– S.H.


Luxury Mortgage Corp.®
Four Landmark Square
Suite 300
Stamford, CT 06901
(888) 458-6267


Luxury Mortgage Corp.®
18100 Von Karman Ave
Suite 350
Irvine, CA 92612
(949) 516-0710