Low & No Money Down Home Loan Options

Low & No Money Down Home Loan Options

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...
Loan Options for Buying Your First Home

Loan Options for Buying Your First Home

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...
Understanding Private Mortgage Insurance – How Does It Work?

Understanding Private Mortgage Insurance – How Does It Work?

PMI, an abbreviation for private mortgage insurance, is an insurance premium charged by mortgage lenders and paid for by the mortgage borrower. Do I have to pay PMI? PMI is generally required on conventional home loans with an LTV (loan-to-value) ratio of more than 80...
Florida Condo Financing

Florida Condo Financing

Finding a great condo in Florida isn’t necessarily difficult. But finding the right financing at a rate that’s reasonable may be another story. If you’re searching for a loan to cover the purchase or refinance of your Florida condo, Luxury Mortgage may have just what...
Tips for getting a lower interest rate

Tips for getting a lower interest rate

When shopping around for a mortgage, most borrowers want to find the most affordable rate in the marketplace. The trouble is, finding rock bottom rates doesn’t always mean working with the most reliable lenders. Therefore, a wise borrower will try to improve their...