Big News! We’ve Become Luminate Bank®—Here’s What It Means for You

Here at the CL Team, we’re always looking for ways to offer more value to our clients and partners. That’s why we’re thrilled to announce that we’ve officially transitioned to roll back into our parent company and the Luminate Bank® name.

What does this mean for you? In short: more flexibility, more resources, and more opportunities to help our clients achieve their financial goals. As part of a full-service bank, we’re expanding the ways we can serve you, all while maintaining the expertise and personalized service you’ve come to trust.

The Benefits of Being Part of Luminate Bank

By becoming Luminate Bank, we can offer a broader range of financial solutions designed to meet the diverse needs of today’s homebuyers and homeowners. Here’s how this transition benefits you:

Portfolio Lending for Unique Needs

With Luminate Bank’s ability to hold loans on our balance sheet, we can craft flexible solutions for even the most complex scenarios. Whether it’s creative financing for non-warrantable condos or loans for mixed-use properties, we have options to fit unique situations.

We’re excited to bring your clients access to exclusive lending solutions, including:

• Construction to Perm Loans: Up to 90% financing of your construction project with the whole process managed in house and locally.
• Doctor Loans: Up to 100% financing with no mortgage insurance.
• Bridge Loans: Making it easier for clients to transition between homes.
• Cross-Collateralization Loans: Helping clients leverage their assets for new opportunities.
• DSCR Loans: Debt Service Cover Ratio loans make the perfect way to purchase investment properties without having to provide income documentation.
• Bank Statement Loans: Allowing self-employed clients to use their bank statement history in lieu of tax return income to qualify.  
• Second Mortgages: Allowing clients to take advantage of the equity in their homes without having to refinance their entire mortgage balance.

Radiant Savings & Brighter Checking

We’re not just focused on mortgages anymore. As part of a bank, your clients will have access to competitive savings account rates and simple, accessible checking accounts. These products are designed to help them grow their wealth and manage their finances with ease.

Same Location, Same Great People

You still have the same team of professionals serving you in the same location and same contact information – we are simply moving into the bank umbrella of our parent company to open up greater opportunities to serve our clients and referral partners.

What This Means for You

For our referral partners, this transition is an opportunity to stand out. By working with us, you’ll give your clients access to a wider array of financial solutions while positioning yourself as a trusted expert who can deliver more.

For our clients – we now have access to a much broader suite of products and tools to better serve you and help you achieve your dreams of home ownership.

We’re excited about what’s ahead and how this new chapter with Luminate Bank® will allow us to serve you even better.