by luxretail | Mar 25, 2019 | Home Buying, Refinancing
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...
by luxretail | Jan 16, 2019 | Home Buying, Investors
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...
by luxretail | Feb 27, 2018 | Home Buying
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...
by luxretail | Dec 14, 2017 | Market News
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...
by luxretail | May 30, 2017 | Home Buying, Refinancing
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...
by luxretail | Jan 27, 2017 | Home Buying, Market News
As 2017 begins, many people are making resolutions to get in shape, quit bad habits or finally achieve their most longed-for goals. One such goal may be to own a home. Year after year, millions of Americans hope to make the American Dream of owning property a reality,...
by luxretail | Aug 1, 2016 | Market News
The metro areas on Forbes’ 2016 Fastest Growing Cities in the U.S. are diverse in landscape, climate, cultural experiences, and inhabitants. With a powerful collision of fast-growing populations and economies ablaze, these cities offer plentiful job opportunities for...
by luxretail | Jul 27, 2016 | Home Buying
When it comes to finding a mortgage, there’s more to consider than simply getting a low interest rate. In today’s post, we’ll review some of the key considerations that you should make when shopping for a home loan. In House Underwriting Mortgage turn times can vary...
by luxretail | Jul 25, 2016 | Market News
In the luxury home market, sales in the $750,000 to $1,000,000 range have increased by 15 percent in 2016 over 2015 sales. In the over $1,000,000 category, the increase is smaller at 12% but still significant. While home prices for lower priced homes are going up at...
by luxretail | Jul 22, 2016 | Home Buying
Weighing the pros and cons between renting a home and buying one of your own? You’re not the only one! With rent prices skyrocketing across much of the U.S. and mortgage rates staying low, a lot of people are starting to reevaluate their housing situation. In today’s...
