The Difference Between Second Homes and Investment Properties

The Difference Between Second Homes and Investment Properties

When describing property that is not considered a primary residence, the terms “investment property” and “second home” are often used interchangeably. But it’s much more than semantics. There are significant tax and mortgage financing differentiations between...
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...
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...
Loans for Non-Warrantable Condos – We Can Help

Financing Rental Properties Beyond Fannie Mae and Freddie Mac Limits

Thinking of purchasing a rental home? Be sure to research the financing options that are available, including conforming and non-conforming loans. Conforming Loans & Their Limits Conforming loans are mortgages that meet the funding criteria of Freddie Mac and...
Qualifying for a Mortgage Using Assets Instead of Income

Benefits of Investor Cash Flow Home Loan

For those working to build a portfolio of income-generating properties, finding the best financing plan can often seem like a challenge. Fortunately, today’s mortgage marketplace offers options to help investment property buyers secure a loan. At Luxury Mortgage, we...