by luxretail | Mar 13, 2020 | Refinancing
As the world economy copes with the growing concerns amid COVID-19, as well as political factors, mortgage rates are nearing historic lows. While we at Luxury Mortgage acknowledge the seriousness of this illness and advise everyone to take precautions, it should also...
by luxretail | Feb 29, 2020 | Home Buying, Investors
Have your goals set on establishing a real estate portfolio? This might be your year! Interest rates are staying low, rental prices are on the rise and home equity growth continues to climb. But deciding to buy a rental property isn’t something to take lightly. There...
by luxretail | Feb 25, 2020 | Home Buying, Market News, Refinancing
In the mortgage world, there are qualified mortgages and non-qualified mortgages. While qualified mortgages meet specific lender and borrower standards set forth by federal regulations, non-qualified, aka non-QM loans have greater flexibility and can be a great...
by luxretail | Feb 5, 2020 | Home Buying, Refinancing
If you’re planning to buy a home and are exploring alternative options to traditional financing, you may have come across something called a bank statement loan. These loans can be very appealing to some borrowers, especially those who may be unable to qualify for a...
by luxretail | Jan 27, 2020 | Home Buying
Buying a home can be an exciting journey, especially when you’re becoming a homeowner for the first time. However, the process is often complicated and may seem overwhelming to new buyers. To ensure the path to homeownership is a successful and relatively smooth one,...
