Licenses

Alabama Consumer Credit License No. 22303
California Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act CRMLA # 4130164
Colorado Colorado Mortgage Company Registration #2745 -203.327.6000-Check the license status of your mortgage loan originator at http://www.dora.state.co.us/real-estate/index.htm
Connecticut Licensed Mortgage Lender #3536/Servicer License #MS-2745
Delaware Licensed by The State Bank Commissioner, License No. 022631
District of Columbia Mortgage Dual Authority License # MLB 2745
Florida Licensed Mortgage Lender #MLD454
Georgia Georgia Residential Mortgage Licensee #23006 Four Landmark Square, Suite 300, Stamford, CT 06901
Illinois Residential Mortgage Licensee # 6615 by the Illinois Department of Financial and Professional Regulation, Division of Banking, 122 South Michigan Avenue, Suite 1900, Chicago, Illinois 60603, (312)793-3000
Maine Licensed Supervised Lender License #6618
Maryland Licensed Mortgage Lender #10157
Massachusetts Licensed Mortgage Lender/Broker, License #MC2745
Michigan Licensed Lender: #FR0019639 and #SR0019640
New Hampshire Licensed by the New Hampshire Banking Department #10099MB
New Jersey Licensed Residential Mortgage Lender-New Jersey Department of Banking & Insurance
New Mexico Mortgage Loan Company License No. 03841
New York Licensed Mortgage Banker- New York State Department of Financial Services - 370 Lexington Ave, Suite 2202, New York, NY 10017
North Carolina Mortgage Lender #L-104218
Ohio Operates under an exemption from licensing; Mortgage Broker Act Mortgage Banker Exemption No. MBMB850276.000
Oregon Licensed by the Oregon Division of Finance Regulation; Mortgage Lender, License No. ML-5485
Pennsylvania Licensed by the Pennsylvania Department of Banking - Mortgage Lender License #27662
Rhode Island Licensed Lender #20031560LL / Broker #20092580LB
South Carolina BFI Mortgage Lender/Servicer License # MLS 2745
Texas SML Mortgage Banker - Four Landmark Square, Suite 300, Stamford, CT 06901
Tennessee Department of Finanacial Institutions License #129501
Virginia Licensed by the Virginia State Corporation Commission # MC-5938
Washington Consumer Loan License # 520-CL-51057

NMLS Consumer Access

In Texas - Complaints regarding mortgage bankers should be sent to The Department of Savings and Mortgage Lending, 2601 N. Lamar, Suite 201, Austin, Texas 78705. A toll free consumer hotline is available at 1-877-276-5550. Complaint forms and instructions may be downloaded and printed from the department's web site at www.sml.Texas.gov. The department maintains a recovery fund to make payments of certain actual out of pocket damages sustained by borrowers caused by acts of licensed mortgage banker residential mortgage loan originators. A written application for reimbursement from the recovery fund must be filed with and investigated by the department prior to the payment of a claim. For more information about the recovery fund, please consult the department's web site at www.sml.Texas.gov.

In addition, Luxury Mortgage Corp's ® Wholesale Channel accepts mortgage applications from duly licensed mortgage brokers in the following states:
  • Arizona


These materials are not from HUD or FHA and have not been approved by HUD or any government agency.
Credit and collateral are subject to approval. Terms and conditions apply. This is not a commitment to lend. Programs, rates, terms and conditions are subject to change without notice.

  1. Request Info
  2. Rates & Calculators
  3. Loan Process

Quick Start! Online Information Request

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Mortgage & Rate Calculators

This mortgage calculator can be used to figure out monthly payments of a home mortgage loan, based on the home's sale price, the term of the loan desired, buyer's down payment percentage, and the loan's interest rate. This calculator factors in PMI (Private Mortgage Insurance) for loans where less than 20% is put as a down payment. Also taken into consideration are the town property taxes, and their effect on the total monthly mortgage payment.
Purchase & Financing Information
Sale Price of Home: (In Dollars)
Percentage Down: %
Length of Mortgage: years
Annual Interest Rate: %
Explain Calculations: Show me the calculations and amortization
 

Stage 1: APPLICATION - Compile Documents and Submit

Your business is important to us and we are committed to ensuring that you and your loan receive the highest level of care and attention throughout the entire mortgage process. You may be asked for some or all of this documentation during the application process. If you apply online or over the phone, a Mortgage Loan Originator will ask you to either fax or mail these documents.

Download printable Document Checklist.

Income:
  • Pay stubs for the last 30 days
  • W-2 forms for the last two years
If self employed:
  • Tax returns for past two years (personal and business if applicable)
  • Year-to-date Profit & Loss statement (unaudited in most cases)
Assets:
  • Bank statements for the past two months reflecting sufficient funds to close and required case reserves
  • NOTE: Large deposits will need to be explained and its source verified.
  • Investment account statements for the past two months - Life insurance policy
  • Retirement account statements for the past two months
Liabilities:
  • Credit card account(s)
  • Auto loan account(s)
  • Personal loan account(s)
Identification:
  • Photo identification is required
If you currently own real estate:
  • Copy of current Mortgage account(s) statements or current tax bill(s) for all properties
  • Copy of current Home equity account(s) statements
  • Home insurance policy and broker contact information
Within 3 days you will receive your official loan disclosure package, at which point you will read, sign (where applicable) and return these documents to your Loan Originator in order to move to the next stage. At this point, you are simply agreeing to the proposed terms and conditions and are not obligated on the loan.
Download printable Document Checklist.

Stage 2: PROCESSING - Process and Verify

Your Loan Originator, coordinating with your Loan Processor, will review the documents you've submitted for completeness and will request the necessary third party verifications and evaluations. Once all third party requests have been received, the file will be reviewed for accuracy and the loan will be sent to Underwriting for review.

  • An appraisal is ordered from a Luxury Mortgage Corp approved appraiser.
  • NOTE: A contact person (either you or your realtor) is required for access to the home.
  • Other third party verifications are performed during this stage.

Stage 3: UNDERWRITE - Analyse and Disposition

The goal of the Underwriter is to review applicants' credit worthiness and insure they have sufficient income to support the requested loan. While we aim to provide the underwriters all the pertinent information to support your financial profile, each case is different and underwriters may ask for additional supporting documentation.

Here are some insights that will help avoid some of these requests. (LINK TO INSIGHTS)

Stage 4: CLOSING - Gathering Final information and Scheduling the closing

Our Closing team reviews the file for legal and compliance-related items, addresses any open loans or municipality restrictions in the title history of the property and coordinates the time and location of the closing. Items that are of importance for closing:

Prior To Closing
  • Homeowners Insurance naming Luxury Mortgage (your new lender) as the additionally insured.
  • NOTE: Provide the name and contact information for your insurance broker and we'll do the rest.
  • Schedule appointment to walk through property one last time
  • Transfer utilities accounts
  • Ensure closing cost funds are available
Day of Closing
  • Photo Identification: Bring your drivers license
  • Binder for Homeowners Insurance & Paid Receipt
  • Certified or Cashier's Check (for your down payment and closing costs)
  • Clear your evening to celebrate

Latest News In the industry and at Luxury Mortgage Corp®

11/19/14

Luxury Mortgage continues expansion with new team members:

Elizabeth "Beth" Brucker
Mrs. Elizabeth "Beth" Brucker, a 13 year mortgage banking veteran has joined the firm as Managing Director and Branch Manager for its Westport office location - Read More

2/4/14

Luxury Mortgage proudly presents two new great additions to the team:

Iliad Estrada
The addition of a proven mortgage banker of Iliad's caliber further demonstrates the continuation of our company's growth during a shrinking market environment - Read More
Carey Hollander
Mr. Carey Hollander, a 23 year mortgage banking veteran has joined the firm and will serve as Sales Manager for an initial group consisting of fellow new hires Ms. Adriana Carrozza and Mr. Carl Fraiser - Read More


2/4/14

We are pleased to announce that the Garden City Branch has relocated to
990 Stewart Ave., Suite 225
Garden City, NY 11530


10/15/13

Luxury Mortgage Corp. Continues New York City Expansion with Key Management Hire Former Citibank Sr. Lending Mgr. Bruce Nohe Managing Director NEW YORK, Oct 15, 201 -- Luxury Mortgage Corp, a residential mortgage bank headquartered in Stamford, CT, announced today the appointment of Bruce Nohe as Managing Director for its New York City midtown flagship branch location. Nohe, a 14 year veteran in mortgage banking, joins Luxury Mortgage from Citibank, where for the last 6 years he served as Senior Lending Manager, responsible for Citi's residential mortgage production covering midtown to lower Manhattan. Nohe managed a sales organization that accounted for mortgage funding's in excess of $1 billion in 2013 and was recognized as the #1 producing Senior Lending Manager in the country for Citi. Nohe will report directly to Robert Grosser, President.

"Bruce is a welcome addition to our team of successful mortgage sales executives, and will be a terrific leader for our growing retail sales force in New York City," said David Adamo, CEO of Luxury Mortgage.

"Bruce exemplifies and embraces Luxury's people-focused entrepreneurial culture, and we expect his experience and successes to have a significant near term impact on our retail loan production volume" added Grosser.

"Luxury Mortgage is a rapidly growing organization with an extraordinary team and culture," said Nohe. "I am looking forward to applying my experience and background to continue the New York City expansion effort and working closely with Luxury's impressive executive team on a range of subjects that will support the ongoing goals and objectives of the company."


5/13/12

A great article by David Marinoff, Branch Manager at Luxury Mortgage Corp discussing "The Coming (Jumbo) Housing Boom"
View Article


5/1/13

David Adamo & Bankrate.com: Writer Polyana da Costa from Bankrate.com quoted David Adamo, CEO of Luxury Mortgage Corp in the article "Jumbo Mortgage Offer Low Rates, Strict Terms".
View Article


4/18/13

David Adamo & The Wall Street Journal: Writer Anya Martin from The Wall Street Journal quoted David Adamo, CEO of Luxury Mortgage Corp in the article "When First-Timers Look Risky to Lenders".
View Article


4/13

Marc Kunen, Managing Director at Luxury Mortgage speaks with Mann Report Residential on "Securing Success in Mortgage Financing".
View Article


4/08/13

Please welcome two great additions to our Luxury Mortgage family: Jackie Strauch, who joined us today as a Closing Administrator in our Stamford office & Christopher Sera, who will be working as a Senior Loan Processor in our new Westport office!


4/01/13

Here's another recent broadcasted appearance by Peter Grabel, Senior Mortgage Loan Originator, on NY1 News discussing some of the changes regarding FHA mortgages: click here.

Show More

Corporate Contact Information

  • Call us at 888-394-5383
  • Click here to email us
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Equal Housing Lender Equal Housing Lender. ©2016 Luxury Mortgage Corp. This is not a commitment to lend. Restrictions apply. Some products may not be available in all states. NMLS # 2745. Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act CRMLA # 4130164, Colorado Mortgage Company Registration # 2745-203.327.6000-Check the license status of your mortgage loan originator at http://www.dora.state.co.us/real-estate/index.htm, CT Licensed Mortgage Lender, DC# MLB 2745, FL Licensed Mortgage Lender #MLD454, Georgia Residential Mortgage Licensee # 23006-Four Landmark Square, Suite 300, Stamford, CT 06901, Illinois Residential Mortgage Licensee # 6615 by the Illinois Department of Financial and Professional Regulation, Division of Banking, 122 South Michigan Avenue, Suite 1900, Chicago, Illinois 60603, (312) 793-3000, ME Supervised Lender License# 6618, Maryland Mortgage Lender #10157, Massachusetts Licensed Mortgage Lender/Broker, License #MC2745, Michigan License # FR0019639 and #SR0019640, Licensed by the New Hampshire Banking Department-#10099MB, Licensed Residential Mortgage Lender -New Jersey Department of Banking & Insurance, New Mexico Mortgage Loan Company License No. 03841, Licensed Mortgage Banker- New York State Department of Financial Services-122 East 42nd Street, Suite 4900 New York, NY 10168, North Carolina Mortgage Lender License # L-104218, Licensed by the Pennsylvania Department of Banking - Mortgage Lender License #27662, Rhode Island Licensed Lender #20031560LL/Broker #20092580LB, South Carolina BFI Mortgage Lender/Servicer License # MLS 2745, Tennessee Department of Financial Institutions License # 129501, Texas Mortgage Banker Registration-Four Landmark Square, Suite 300, Stamford, CT 06901, Luxury Mortgage Corp., Licensed by the Virginia State Corporation Commission, MC-5938; Washington Consumer License # CL-2745.

Luxury Mortgage Corp®, luxurymortgage.com® and Luxury Mortgage® are registered service marks of Luxury Mortgage Corp. All Rights Reserved.