Bank Statement Loan Qualifications

Bank Statement Loan Qualifications

In a traditional mortgage, borrowers can qualify for financing based on various factors including employment and income. For most borrowers applying for a traditional mortgage, a W-2 and tax returns are required documentation to verify these qualifications. However,...
Is the Bank Statement Qualifier Loan a Good Fit for Me?

Is the Bank Statement Qualifier Loan a Good Fit for Me?

Have you heard of the Bank Statement Qualifier Loan from Luxury Mortgage Corp®? This unique program offers an innovative home financing solution for borrowers who may not qualify for traditional mortgages, due to lacking consistent, documentable income. With the Bank...
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...
Getting to Know the Asset Qualifier Mortgage

Getting to Know the Asset Qualifier Mortgage

Home buyers who have inconsistent documentable income may face challenges when it comes to getting a mortgage. However, there is an option that may serve as a great alternative to getting a traditional home loan – the Asset Qualifier Mortgage. At Luxury...
Home Loan Solutions for Self-Employed Borrowers

Home Loan Solutions for Self-Employed Borrowers

Buying a home through traditional mortgage financing can be a challenge for those borrowers who don’t fit the typical income requirements. That’s why Luxury Mortgage offers a variety of unique home loan products to make financing more accessible. For self-employed...
Self employed? What you need to know when getting ready to apply for a mortgage.

Self employed? What you need to know when getting ready to apply for a mortgage.

“Can I really get a mortgage if I’m self employed?” We come across this question often. And the answer is yes – as long as you meet the necessary criteria. For self employed mortgage applicants, the process may be a little different, maybe with a few extra hurdles to...