by luxretail | Sep 30, 2019 | Refinancing
As mortgage rates continue to stay low, many homeowners are giving thoughtful consideration to refinancing–the process of replacing an existing mortgage with a new one, usually giving the homeowner a more affordable rate or more favorable terms. While refinancing a...
by luxretail | Aug 30, 2019 | Refinancing
Thinking about switching up your mortgage structure to save money? Today’s lower rates could mean now is a great time to refinance your mortgage, and shave off extra time and interest if you refinance into a shorter loan term. Low Rates In case you haven’t been...
by luxretail | Mar 25, 2019 | Home Buying, Refinancing
FHA Loans are popular home financing plans for a variety of reasons. In today’s post, we’ll explore a few of those reasons and explain what makes FHA Loans different from other popular loan products in today’s marketplace. Be sure to review the following points...
by luxretail | May 30, 2017 | Home Buying, Refinancing
Finance both the cost of buying or refinancing a home and renovating the property with an FHA 203(k) mortgage from Luxury Mortgage. What are 203(k) loans? An FHA 203(k) loan is a type of mortgage that allows qualified borrowers to finance both the cost of their home...
by luxretail | Apr 18, 2016 | Home Buying, Refinancing
According to best-selling author and financial guru Dave Ramsey, more than 20 million Americans own their homes outright. If your goal is to join their ranks, there are a number of ways you can achieve it. Let’s explore some of the options… 1. Making extra payments...
by luxretail | Dec 21, 2015 | Refinancing
Mortgage refinance applications have been increasing lately, leading many to consider if now is a favorable time to do so. With mortgage rates remaining near historic lows, and more homeowners regaining equity, it’s no real surprise that more Americans are considering...
