by luxretail | Jan 6, 2020 | Home Buying, Market News
Last year, the Federal Housing Administration (FHA) announced it would be increasing the limits they set on their home loan products. In other words, if you got approved for an FHA loan in 2019, you probably got to take advantage of more borrowing power. Fast forward...
by luxretail | Dec 30, 2019 | Home Buying, Investors
Rental property ownership may not be for everyone. But for the focused investor, it could prove to be a highly worthwhile endeavor. In today’s post, we’ll talk about how you can diversify your investments and potentially earn extra monthly income by being a landlord....
by luxretail | Dec 26, 2019 | Home Buying, Refinancing, Self Employed
Being an entrepreneur means creating a living with the knowledge and expertise to calculate risks, and hopefully build a successful business. It’s no easy feat, and often comes with unique challenges when it comes to securing financing. For business owners and...
by luxretail | Dec 9, 2019 | Home Buying, Investors, Refinancing
Historically, real estate investors who wanted to build a portfolio of income-generating properties have been limited when it comes to choices for financing. In the beginning, Fannie Mae put a cap on the number of rental properties an investor could finance through...
by luxretail | Dec 2, 2019 | Home Buying
Buying a home can be an incredibly exciting process! If you’re embarking on this journey for the first time however, it can seem a little intimidating and even overwhelming. But fear not, first time home buyer–although there’s a lot to consider and several steps to...
by luxretail | Nov 26, 2019 | Home Buying, Refinancing
Is it possible to get a mortgage without having to document income? This is a question many non-traditional home buyers ask when beginning their homeownership journey. The answer is yes! In fact, there are multiple options for loans when it comes to using other...
by luxretail | Nov 12, 2019 | Home Buying, Refinancing, Self Employed
Buying a home is a tremendous step in anyone’s life, and the process can sometimes seem overwhelming. This can be especially true for home buyers who don’t fit the typical mold when it comes to getting a mortgage. For buyers with traditional W-2 employment, mortgage...
by luxretail | Oct 31, 2019 | Self Employed
If you own your own business, you understand the unique rewards and challenges that come with the territory. At Luxury Mortgage, we do too. That’s why we’re pleased to offer a selection of home loan options that are well-suited for business owners and self-employed...
by luxretail | Oct 21, 2019 | Refinancing
Today’s mortgage rates are very low, making it an ideal time for equity-rich homeowners to explore cash-out refinancing options. If you’re thinking of applying for a cash-out refinance, Luxury Mortgage offers this option in a variety of loan products. We will...
by luxretail | Oct 7, 2019 | Investors
Investing in real estate can be an exciting opportunity. It gives motivated buyers the chance to diversify their investment portfolio, build wealth and potentially help them earn a bit of extra cash every month–but becoming a landlord isn’t without its challenges....
