SimpleMae Program

PROGRAM OVERVIEW

Excellent option for second home and investment scenarios that fall within agency guidelines. Improved pricing for vacation and investment property purchase and refinance transactions.

Program Highlights:

  • Loan amounts up to the county conforming loan limit including agency high balance
  • Credit scores as low as 620
  • Second homes up to 90% LTV, Investment properties up to 85% LTV
  • 7/6 and 10/6 ARM options, 15 and 30 year fixed rate options
  • Full appraisal required
  • No Mortgage Insurance required
  • Minimal overlays on agency selling guides
  • Follow DU or LP Findings, must have an AUS approve
  • Agency compatible pricing

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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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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

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