by luxretail | Oct 28, 2021 | Refinancing
Low mortgage rates make refinancing very enticing for homeowners, providing big savings over time. But for many homeowners, the upfront costs aren’t feasible. Luckily, there is a new federally-backed option that gives more borrowers the opportunity to refinance,...
by luxretail | Oct 18, 2021 | Home Buying, Investors
You’ve done your homework. You’ve calculated operating costs, evaluated margins, factored in unexpected costs, and considered return on the dollar. You’ve weighed all the risks and rewards and decided that investing in real estate is a great way to diversify your...
by luxretail | Oct 7, 2021 | Home Buying, Investors, Self Employed
Conventional loans may not be the best-fit mortgage for everybody; borrowers with unique financial circumstances may have difficulty qualifying based on conventional lending requirements. The good news is non-qualified mortgages, or Non-QM loan products, are designed...
by luxretail | Sep 30, 2021 | Market News
The real estate market outlook continues to be favorable for home sellers, with prices steadily rising since 2020. In fact, prices rose by 22.2 percent compared to 2019. And, with low interest rates and low inventory, bidding wars are pushing prices even higher. So,...
by luxretail | Sep 22, 2021 | Refinancing
Sometimes, refinancing your mortgage just makes sense; especially if you can move to a lower interest rate and a more affordable monthly payment. Streamline refinance options for government-backed FHA, VA, and USDA home loans can significantly reduce the time it takes...
by luxretail | Sep 10, 2021 | Home Buying, Market News, Self Employed
(855) 288-4555 Get a Free Quote in Minutes Non-qualified mortgages, or Non-QM loans, are products designed to help homebuyers whose financial scenarios fall outside of traditional mortgage criteria – this includes real estate investors. During the early part of...
by luxretail | Aug 25, 2021 | Home Buying
In today’s very competitive housing market, a great number of buyers are putting down around 20% of the purchase price to give their offer an advantage. But the reality is many first-time buyers who finance a home do not have that cash on hand. In fact, many would-be...
by luxretail | Aug 17, 2021 | Refinancing
Because no two borrowers have the exact same circumstances, the set of pros and cons for refinancing an existing mortgage will be different for each. To answer the question whether or not refinancing is advantageous for your scenario, start by asking yourself these...
by luxretail | Aug 6, 2021 | Home Buying, Investors, Self Employed
Home buyers who are recovering from an unexpected credit event or those who are self-employed, small business owners or investors might think it’s nearly impossible to find a lender to approve a mortgage loan, leaving them fewer options to finance their home purchase....
by luxretail | Jul 28, 2021 | Home Buying
As things regress to normal on a national level, now is a great time to consider becoming a homeowner. Interest rates are historically low. The economy is stabilizing. Job security is increasing. Is this the right time to buy into the American dream? Though everyone’s...
