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...
Simple Access – 1099 Only Program

Simple Access – 1099 Only Program

If your income is primarily 1099-based, you may find it challenging to get approved for a conventional home loan. Fortunately, Luxury Mortgage now offers a flexible new option designed to help 1099 earners secure affordable home loans. Conventional Mortgages for...
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...
Mortgage Solutions for Business Owners and 1099 Income Earners

Mortgage Solutions for Business Owners and 1099 Income Earners

For self-employed home buyers, the process of finding a mortgage can seem like a huge challenge. After all, most traditional home loans require proof of steady employment and a consistent stream of income. But did you know there is an alternative home financing...
Why Consider a Simple Access™ Loan?

Why Consider a Simple Access™ Loan?

Have you heard about Simple Access™ loan solutions? These unique mortgage programs are designed to help home buyers qualify for financing, even if they have non-traditional scenarios. Self-employed borrowers, investors or borrowers with recent credit events are...