by luxretail | Apr 6, 2020 | Market News
The social distancing required of all of us to stop the spread of the Coronavirus is causing serious challenges to most businesses. How can we continue to market our products and services if we can’t be in the same room with anyone other than our immediate...
by luxretail | Apr 6, 2020 | Market News
The events of the recent weeks are truly unprecedented in our lifetime. As the spread of Coronavirus ramped up in the US, we have come together as communities and as a Nation to prevent infections by staying apart. This presents new challenges for all of us,...
by luxretail | Apr 5, 2020 | Home Buying
The continued spread of the Coronavirus has people throughout our country and across the globe, feeling afraid of what is to come in the next few weeks and months. Clients with a real estate transaction in process can experience those fears compounded as they watch...
by luxretail | Apr 4, 2020 | Home Buying, Market News
The spread of the Coronavirus is impacting the real estate and mortgage industries in unprecedented and unusual ways. One crucial step in every mortgage transaction, the home appraisal, has become increasingly challenging in recent days.Before the current pandemic, a...
by luxretail | Mar 25, 2020 | Home Buying, Refinancing
Looking for a stated income loan to finance a home purchase? Although they still exist, they’re harder to find in the post-recession market. And for those who do find them, there may be a better alternative. What are Stated Income Loans? For hopeful home buyers who...
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,...
