by luxretail | Mar 23, 2022 | Home Buying
Gone are the days when borrowers with low income and not-so-perfect credit didn’t have options for purchasing a home. Both Fannie Mae and Freddie Mac, the two major agencies that buy and sell mortgages from lenders, created mortgage programs designed for low-income...
by luxretail | Mar 16, 2022 | Home Buying, Investors, Self Employed
Traditional mortgage products aren’t the only way to qualify for a home loan. With more and more home buyers working non-traditional jobs, the lending landscape is changing to address the specific income status of those unique potential home buyers. Cue: Simple...
by luxretail | Mar 8, 2022 | Home Buying
There is a never-ending list of things to worry about when you relocate, whether to a new city or a completely different state. One of the biggest stressors is buying a new home. Here are some tips to help you find all the real estate resources you need to relocate....
by luxretail | Feb 25, 2022 | Market News
As inflation continues to rise in the U.S., the effects are rippling through the housing market. Let’s look at how consumers in this market are reacting to rising prices. Some Buyers Are Speeding Up, Others Are Hitting the Brakes The Mortgage Bankers Association...
by luxretail | Feb 17, 2022 | Home Buying, Self Employed
Are you self-employed? A gig economy worker? Perhaps you generate income from investments rather than a salary. If so, or if you have similar non-traditional income, the standard approval process of a traditional mortgage may not suit your unique situation. But a bank...