Finance a Higher Value Property with FHFA’s Increased Loan Limits for 2022

Finance a Higher Value Property with FHFA’s Increased Loan Limits for 2022

Found your dream home, but worried the price might put you out of the range for a conventional loan? There is good news for borrowers who want a higher value property but don’t want the restrictions of financing with a jumbo loan. For 2022, the Federal Housing Finance...
Jumbo Loan Options for the Self-Employed

Jumbo Loan Options for the Self-Employed

Finding a jumbo loan when you’re self-employed can seem like a challenge. But once you find a qualified lender who is willing to work with your unique situation, and offers products that make sense for your financial scenario, the process isn’t much more complicated...
Are Jumbo Loans Still Available? They are with Luxury Mortgage.

Are Jumbo Loans Still Available? They are with Luxury Mortgage.

Getting a jumbo mortgage during a pandemic can be a little challenging. Jumbo loans, also known as non-conforming mortgages, are loans priced beyond the lending limits imposed by the government. Since jumbo loans do not conform to these limits, they are unable to be...
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...
What credit score do I need to get a mortgage?

What credit score do I need to get a mortgage?

As you probably already know, your credit score is an integral piece of your overall financial picture. Your credit score has the power to help you get more credit, get approved for a lease, and when you’re ready, buy a home. But what constitutes a ‘good’ credit...