Where investor and non-QM pricing actually sits — monthly median indicative rates by loan type, aggregated from real pricing runs on the LumoLend marketplace. No teaser numbers, no survey answers: engine output from real scenarios.
The index is collecting its first edition. Every pricing run on LumoLend feeds the dataset;
a loan type publishes for a month once it crosses the minimum sample threshold (5+ runs).
Check back soon — or add a data point by pricing your own scenario (two minutes, no login, no credit pull).
Methodology
Each time a borrower prices a scenario on LumoLend, the pricing engine produces an indicative rate for that exact file — loan type, leverage, credit band, and structure. The index aggregates those runs by calendar month and loan type and reports the median, the 25th–75th percentile band, and the median loan amount. Three rules keep it honest:
1. Minimum sample. A month × loan-type bucket only publishes at 5 or more runs — below that the bucket is suppressed entirely, for both privacy and statistical hygiene. 2. Indicative, not locked. These are marketplace quotes before underwriting, not locked rates. They are a directional benchmark for what real scenarios were quoted, which is precisely what teaser-rate ads never show. 3. Aggregate only. No individual run, borrower, or property is ever published — the database exposes nothing below the monthly aggregate.
Citing the index
The index is free to cite under CC BY 4.0. Reference it as “LumoLend Non-QM Rate Index (lumolend.com/rate-index)” with the month, and note that figures are median indicative quotes. Journalists and researchers: for cuts of the data not shown here, email desk@lumolend.com.
Reviewed by Moh Alloo, Mortgage Loan Originator · NMLS #2732105 · About LumoLend
Your scenario is a data point away.
Price it in two minutes — live indicative rates for purchase, refi, DSCR, STR, bridge, and HELOC files. No documents, no credit pull, no login.