Loans for Non-Warrantable Condos – We Can Help

Loans for Non-Warrantable Condos – We Can Help

Thinking of buying a condo? One of the factors that could affect your home financing choice is whether or not the condo is warrantable. But how do you know if a condo is warrantable or non-warrantable? Today we’ll delve into the differences between warrantable and...
How Debt to Income Impacts a Borrower’s Ability to Qualify for a Mortgage

How Debt to Income Impacts a Borrower’s Ability to Qualify for a Mortgage

When applying for a conventional mortgage, your lender will want to get a complete picture of your financial qualifications. This usually includes your debt-to-income ratio, or DTI ratio. Today we’ll talk about how your DTI is calculated and how it can influence your...
Are Jumbo Loans Still Available? They are with Luxury Mortgage.

Are Jumbo Loans Still Available? They are with Luxury Mortgage.

Getting a jumbo mortgage during a pandemic can be a little challenging. Jumbo loans, also known as non-conforming mortgages, are loans priced beyond the lending limits imposed by the government. Since jumbo loans do not conform to these limits, they are unable to be...
Finding Real Estate Deals in a Sellers’ Market

Finding Real Estate Deals in a Sellers’ Market

Buying a home in a seller’s market can be a challenge. But don’t let the rising home values and buyer competition steer you away. If you’re in a market that’s placing favor on sellers, there are still some ways you can score a pretty sweet deal on residential real...
5 Important Questions to Ask When Buying a Home

5 Important Questions to Ask When Buying a Home

For the first time home buyer, beginning the process is uncharted territory. There are so many questions and steps involved, new homeowners can easily get overwhelmed. To help you prepare for the process, here are some of the most important questions to ask when...
Should I Buy an Investment Property? Weighing the Pros and Cons of Being a Landlord

Should I Buy an Investment Property? Weighing the Pros and Cons of Being a Landlord

Investing in residential real estate can be a great way to diversify your overall financial portfolio. But being a landlord may not be for everyone. If you’re weighing the pros and cons of buying an investment property, be sure you consider the following key points....