Non-QM Programs
At Luxury Mortgage, we specialize in providing innovative Non-QM lending solutions tailored to meet the diverse needs of borrowers. Whether you’re a broker, lender, or investor, our comprehensive suite of products offers flexibility and simplicity to navigate the evolving mortgage landscape.
Our Lending Options
Delegated Lending
In our delegated lending model, approved lenders have the authority to underwrite and close loans in their own name.
✔ Faster Turnaround Times: Streamlined processes lead to quicker closings.
✔ Enhanced Control: Lenders maintain oversight throughout the loan lifecycle.
✔ Competitive Pricing: Potential for better rates due to reduced operational costs.
Non-Delegated Lending
Our non-delegated option is ideal for lenders who want to outsource underwriting and closing.
✔ Reduced Risk: Underwriting and closing are handled by Luxury Mortgage.
✔ Simplified Processes: Lenders focus on origination while we manage the backend.
✔ Comprehensive Support: Access to our extensive resources and expertise.
1099 Only
Qualify borrowers that receive compensation in the form of commission or are paid as independent contractors and receive IRS form 1099 at year-end.
Asset Qualifier
Qualify using liquid assets in savings or securities—no tax returns, income documentation, or DTI required. Use assets without selling them.
Bank Statement Loans
Qualify using bank deposits instead of tax returns. Business or personal statements accepted, with multiple income calculation options.
Full Doc
A solution for scenarios that don’t quite fit conventional underwriting guidelines. Qualification focuses on the borrower’s ability to repay based on common sense underwriting. Perfect credit is not required.
Foreign Nationals
Loans for foreign national borrowers utilizing either liquid assets or rental income on subject investment properties for qualification.
Graduate
Mortgage solution for borrowers who recently completed post graduate degrees who are employed in specialized professions. Designed for applicants who are not eligible for agency and prime credit jumbo loans.
Investor Cash Flow
Created specifically for real estate investors. Qualification is based on the rental income generated by the subject property. It’s no longer necessary to have large amounts of cash on hand to build a real estate portfolio.
ITIN
Providing financing solutions for clients without a Social Security number. This program helps expand lending opportunities while maintaining the same high standards of service and support.
Why Partner with Luxury Mortgage
Streamlined Process
BEfficiently qualify borrowers with bank statement documentation, reducing back-and-forth and delays.
Tailored Support
Our team of experienced underwriters and account executives guide you through every step.
Expand Your Client Base
Offer solutions to borrowers who may not fit traditional income documentation requirements.
Become A Lender
Ready to bring Non-QM solutions to your clients? Become an approved correspondent lender and start offering tailored mortgage products today.”
Corportate
Luxury Mortgage Corp.®
Four Landmark Square
Suite 300
Stamford, CT 06901
(888) 458-6267
West Coast
Luxury Mortgage Corp.®
18100 Von Karman Ave
Suite 330
Irvine, CA 92612
(949) 516-0710
