Are rates and down payments higher for investment properties?

Are rates and down payments higher for investment properties?

If you’re thinking about buying an investment property, you’re probably wondering about rates, down payments, mortgage options and so forth. After all, you’ll want to get the best deal you can in order to get a better return on your investment. But don’t be surprised...
What are some questions to ask when applying for a mortgage?

What are some questions to ask when applying for a mortgage?

When it comes to financing a home, lenders can provide home loans up to certain amounts, based on the type of loan the borrower is getting and the loan limits set forth by certain government agencies. From the Federal Housing Finance Agency: “Fannie Mae and Freddie...
Tips for choosing the right mortgage professional

Tips for choosing the right mortgage professional

When you start your journey to homeownership, it’s important to have someone who can easily guide you through the process and help you over the hurdles. With a trusted mortgage professional by your side, the home financing process can be smooth and efficient. Without...
Shop for a new home or get pre-approved? Which to do first and why.

Shop for a new home or get pre-approved? Which to do first and why.

If you’re considering the purchase of a home, you may be wondering where to start. Should you begin by finding homes you like online? Should you talk to a mortgage professional first to see what you can afford? And if you talk to a mortgage professional, should you...
Florida Condo Financing

Florida Condo Financing

Finding a great condo in Florida isn’t necessarily difficult. But finding the right financing at a rate that’s reasonable may be another story. If you’re searching for a loan to cover the purchase or refinance of your Florida condo, Luxury Mortgage may have just what...