What’s the difference between a credit score, credit history and credit report?

What’s the difference between a credit score, credit history and credit report?

When beginning the process of buying a home, most people will rely on a mortgage loan to finance their purchase. In order to qualify for a mortgage at an affordable rate, it’s in the borrower’s best interest to take care of their credit. Having a great credit score...
Understanding Non-QM Mortgage Lending

Understanding Non-QM Mortgage Lending

If you don’t qualify for traditional mortgage financing you might worry that it will be difficult or impossible to purchase a new home or refinance your existing mortgage. Simple Access™ from Luxury Mortgage is here to set those fears aside! These Non-QM programs were...
Why Consider a Simple Access™ Loan?

Why Consider a Simple Access™ Loan?

Have you heard about Simple Access™ loan solutions? These unique mortgage programs are designed to help home buyers qualify for financing, even if they have non-traditional scenarios. Self-employed borrowers, investors or borrowers with recent credit events are...
Mortgage Solutions for Lower Credit Scores

Mortgage Solutions for Lower Credit Scores

Getting a mortgage when you have less-than-perfect credit can seem like a challenge. While it’s true that lower credit scores may make it difficult for borrowers to qualify for the best conventional mortgage rate, it doesn’t necessarily mean a home loan is out of the...
Summer is a Great Time to Buy a Home

Summer is a Great Time to Buy a Home

Everybody says spring is “the” home buying season. But summer’s a great time to buy — maybe even a better time to buy, and here’s why: Less Competition Spring is the typical busy season for real estate. That means there’s going to be tons of hopeful house hunters...
Getting a Mortgage in a Gig Economy

Getting a Mortgage in a Gig Economy

For the majority of people in the workplace, a typical job entails going to work for an business that provides steady employment, predictable hours and a consistent stream of income. However, a growing number of Americans are considered self-employed and therefore may...