by luxretail | Jul 15, 2020 | Home Buying, Market News
Because real estate agents and mortgage lenders provide what are considered essential services, they have been allowed to continue doing business amid the coronavirus pandemic. However, with the virus’ spread and concern for increased cases of COVID-19, the...
by luxretail | Jul 5, 2020 | Investors, Market News, Refinancing
With mortgage rates remaining near all-time lows, now could be an ideal time for real estate investors to refinance their investment properties. There are multiple options available in today’s mortgage marketplace, from low documentation loans to conventional full-doc...
by luxretail | Jun 25, 2020 | Home Buying
If your income is primarily 1099-based, you may find it challenging to get approved for a conventional home loan. Fortunately, Luxury Mortgage now offers a flexible new option designed to help 1099 earners secure affordable home loans. Conventional Mortgages for...
by luxretail | Jun 4, 2020 | Refinancing
Homeowners hoping to lower their household bills can potentially save money every month by refinancing their mortgage. Through a home loan refinance, homeowners could lower their interest rate or adjust their mortgage terms to create a monthly payment that is lower...
by luxretail | May 21, 2020 | Refinancing
For most home buyers, a 30 year mortgage is the standard choice for financing their purchase. But there’s another option that often goes unnoticed in today’s mortgage marketplace, and it’s an option that could save homeowners tens of thousands of dollars. 30 vs 15...
by luxretail | May 10, 2020 | Market News, Refinancing
We’re living in unprecedented times. The COVID-19 pandemic, economic sluggishness and social unrest seems to have dominated the headlines and put many Americans’ plans to refinance or buy a home on hold. But in truth, refinancing and home purchasing can still occur,...
by luxretail | May 5, 2020 | Home Buying
The spring home buying season is just around the corner–are you prepared? Hopeful home buyers this spring will have some advantages as well as some challenges, depending on their location. Inventory seems to be getting better in many of the nation’s major housing...
by luxretail | May 4, 2020 | Refinancing
Homeowners who hold a current FHA mortgage may be able to take advantage of the government-insured low-cost refinancing program. If today’s lower interest rates have you considering a refinance, this simplified, streamlined option for FHA borrowers could be a great...
by luxretail | Apr 29, 2020 | Refinancing
Owning a home can be a great source of pride and satisfaction. It can also be a great investment over the long term. As your home builds value and you continue to pay off your mortgage, your home builds equity—which can be tapped into to help pay for expenses. Instead...
by luxretail | Apr 16, 2020 | Market News
During this time of great uncertainty, one thing is certain: that every individual, household, business, and organization in the United States are feeling the impact of the global Coronavirus Pandemic. As we work together to reduce the spread of infections by staying...