5 Reasons to Consider an FHA Loan

5 Reasons to Consider an FHA Loan

FHA Loans are popular home financing plans for a variety of reasons. In today’s post, we’ll explore a few of those reasons and explain what makes FHA Loans different from other popular loan products in today’s marketplace. Be sure to review the following points...
Getting a Loan for a Rental Property

Getting a Loan for a Rental Property

At Luxury Mortgage, we strive to offer a variety of home financing opportunities to suit today’s real estate investors. If you’re looking for a loan for the purchase of a rental property, we invite to explore our offerings, from full documentation loans to bank...
Protecting Yourself From Trigger Leads

Protecting Yourself From Trigger Leads

When applying for a new credit account many consumers find themselves inundated with frustrating and confusing offers from other creditors. Learn about the issue of “trigger leads” and what you can do to avoid them. What are trigger leads? A credit “trigger” is the...
Prime Rate Increase and Impact on Mortgage Financing

Prime Rate Increase and Impact on Mortgage Financing

The United States Prime Rate has increased to 4.50% effective December 14, 2017. What is the Prime Rate? The U.S. Prime Rate is an index rate that lending institutions use when setting the pricing for short-term and medium-term loans. For example, a mortgage lender...
FHA 203K Loans

FHA 203K Loans

Finance both the cost of buying or refinancing a home and renovating the property with an FHA 203(k) mortgage from Luxury Mortgage. What are 203(k) loans? An FHA 203(k) loan is a type of mortgage that allows qualified borrowers to finance both the cost of their home...