What’s the difference between a credit score, credit history and credit report?

What’s the difference between a credit score, credit history and credit report?

When beginning the process of buying a home, most people will rely on a mortgage loan to finance their purchase. In order to qualify for a mortgage at an affordable rate, it’s in the borrower’s best interest to take care of their credit. Having a great credit score...
Understanding Non-QM Mortgage Lending

Understanding Non-QM Mortgage Lending

If you don’t qualify for traditional mortgage financing you might worry that it will be difficult or impossible to purchase a new home or refinance your existing mortgage. Simple Access™ from Luxury Mortgage is here to set those fears aside! These Non-QM programs were...
What is Needed for an Asset Qualifier Home Loan?

What is Needed for an Asset Qualifier Home Loan?

If you’re an investor, self-employed or otherwise have non-traditional income but are able to document other financial assets, the Asset Qualifier Mortgage could be for you. In today’s post we’ll review the Asset Qualifier Mortgage program and give a general overview...
Why Consider a Simple Access™ Loan?

Why Consider a Simple Access™ Loan?

Have you heard about Simple Access™ loan solutions? These unique mortgage programs are designed to help home buyers qualify for financing, even if they have non-traditional scenarios. Self-employed borrowers, investors or borrowers with recent credit events are...
Mortgage Solutions for Lower Credit Scores

Mortgage Solutions for Lower Credit Scores

Getting a mortgage when you have less-than-perfect credit can seem like a challenge. While it’s true that lower credit scores may make it difficult for borrowers to qualify for the best conventional mortgage rate, it doesn’t necessarily mean a home loan is out of the...