by luxretail | Sep 16, 2022 | Home Buying
A system that many lenders employ to evaluate creditworthiness, the 5 C’s of Credit are an informal but widely used methodology in the approval process for mortgage loans. They are: Character, Capacity, Collateral, Capital, and Conditions. Let’s look at...
by luxretail | May 26, 2022 | Home Buying
When seeking financing for their dream homes, most homebuyers are faced with a variety of loan programs. Among these many and varied choices, government-insured loans are popular options due to their accessibility, affordability, and security. Easier Qualification The...
by luxretail | Sep 22, 2021 | Refinancing
Sometimes, refinancing your mortgage just makes sense; especially if you can move to a lower interest rate and a more affordable monthly payment. Streamline refinance options for government-backed FHA, VA, and USDA home loans can significantly reduce the time it takes...
by luxretail | Dec 29, 2020 | Home Buying
Although the housing market has made impressive strides, the difficulties that have hit Americans in 2020 have made it tough for a lot of people to afford the costs of buying a home. Even if a buyer can afford a monthly mortgage payment, they may have difficulty...
by luxretail | Sep 1, 2020 | Home Buying
Buying your first home can be a thrilling experience. There’s just nothing quite like owning your own home, and despite the challenges and costs, it’s almost always worth it. But buying your first home can be intimidating–especially when it comes to choosing the right...
