Bank Statement Loan vs Full Doc

Bank Statement Loan vs Full Doc

If you’re planning to buy a home and are exploring alternative options to traditional  financing, you may have come across something called a bank statement loan. These loans can be very appealing to some borrowers, especially those who may be unable to qualify for a...
Home Loans for Entrepreneurs

Home Loans for Entrepreneurs

Being an entrepreneur means creating a living with the knowledge and expertise to calculate risks, and hopefully build a successful business. It’s no easy feat, and often comes with unique challenges when it comes to securing financing. For business owners and...
Financing Multiple Rental Properties Beyond Fannie Mae’s Limits

Financing Multiple Rental Properties Beyond Fannie Mae’s Limits

Historically, real estate investors who wanted to build a portfolio of income-generating properties have been limited when it comes to choices for financing. In the beginning, Fannie Mae put a cap on the number of rental properties an investor could finance through...
Qualifying for a Mortgage Using Assets Instead of Income

Qualifying for a Mortgage Using Assets Instead of Income

Is it possible to get a mortgage without having to document income? This is a question many non-traditional home buyers ask when beginning their homeownership journey. The answer is yes! In fact, there are multiple options for loans when it comes to using other...
Mortgage Solutions for 1099 Independent Contractors

Mortgage Solutions for 1099 Independent Contractors

Buying a home is a tremendous step in anyone’s life, and the process can sometimes seem overwhelming. This can be especially true for home buyers who don’t fit the typical mold when it comes to getting a mortgage. For buyers with traditional W-2 employment, mortgage...
Cash Out Refinancing Options

Cash Out Refinancing Options

Today’s mortgage rates are very low, making it an ideal time for equity-rich homeowners to explore cash-out refinancing options. If you’re thinking of applying for a cash-out refinance, Luxury Mortgage offers this option in a variety of loan products. We will...