by luxretail | Apr 12, 2022 | Home Buying
For many, a down payment seems like the biggest obstacle in achieving their dreams of owning homes. Saving up to 20% of a home’s price in cash can seem like an insurmountable goal, especially with today’s rising home prices. But that’s not the only...
by luxretail | Mar 23, 2022 | Home Buying
Gone are the days when borrowers with low income and not-so-perfect credit didn’t have options for purchasing a home. Both Fannie Mae and Freddie Mac, the two major agencies that buy and sell mortgages from lenders, created mortgage programs designed for low-income...
by luxretail | Mar 16, 2022 | Home Buying, Investors, Self Employed
Traditional mortgage products aren’t the only way to qualify for a home loan. With more and more home buyers working non-traditional jobs, the lending landscape is changing to address the specific income status of those unique potential home buyers. Cue: Simple...
by luxretail | Mar 8, 2022 | Home Buying
There is a never-ending list of things to worry about when you relocate, whether to a new city or a completely different state. One of the biggest stressors is buying a new home. Here are some tips to help you find all the real estate resources you need to relocate....
by luxretail | Feb 17, 2022 | Home Buying, Self Employed
Are you self-employed? A gig economy worker? Perhaps you generate income from investments rather than a salary. If so, or if you have similar non-traditional income, the standard approval process of a traditional mortgage may not suit your unique situation. But a bank...
by luxretail | Jan 28, 2022 | Home Buying, Market News
Found your dream home, but worried the price might put you out of the range for a conventional loan? There is good news for borrowers who want a higher value property but don’t want the restrictions of financing with a jumbo loan. For 2022, the Federal Housing Finance...
