Recent Articles
Jan
02
2024
02
2024
Exploring the Potential for a Second FHA Loan: A Detailed Guide
Are you dreaming of a second property, yet currently hold an FHA loan for your primary residence? The good news is that the Federal Housing Administration (FHA) does offer exceptions in certain cases, allowing borrowers to secure a second FHA loan. At Lux Funding, we understand the...
Are you dreaming of a second property, yet currently hold an FHA loan for your primary residence? The good news is that the Federal Housing Administration (FHA) does offer exceptions in certain cases, allowing borrowers to secure a second FHA loan. At Lux Funding, we understand the...
Dec
27
2023
27
2023
Navigating the Renovation Maze: Mortgage Insights for Fixer-Upper Buyers
The allure of a fixer-upper isn’t just in its potential transformation but also in the financial opportunities it presents. However, before plunging into this venture, it’s crucial to understand how the mortgage aspect intertwines with buying and renovating such...
The allure of a fixer-upper isn’t just in its potential transformation but also in the financial opportunities it presents. However, before plunging into this venture, it’s crucial to understand how the mortgage aspect intertwines with buying and renovating such...
Dec
20
2023
20
2023
The Homebuyer's Dilemma: To Wait or Act Fast in 2024?
For many dreaming of their own slice of real estate, the idea of waiting for those mortgage rates to dip into the dreamy 6% or even 5% range can feel like the ultimate money move. But hold on a sec—does the waiting game really pay off when it comes to buying your own home? Okay,...
For many dreaming of their own slice of real estate, the idea of waiting for those mortgage rates to dip into the dreamy 6% or even 5% range can feel like the ultimate money move. But hold on a sec—does the waiting game really pay off when it comes to buying your own home? Okay,...
Dec
14
2023
14
2023
Navigating Second FHA Loans in California with Lux Funding
Let's unravel the mystery surrounding having two FHA loans in California. Here at Lux Funding, we're well-versed in navigating the ins and outs of mortgages in the Golden State, and this is a question that pops up more often than you'd think. So, can you have two FHA loans in California? The...
Let's unravel the mystery surrounding having two FHA loans in California. Here at Lux Funding, we're well-versed in navigating the ins and outs of mortgages in the Golden State, and this is a question that pops up more often than you'd think. So, can you have two FHA loans in California? The...
Dec
13
2023
13
2023
Mortgage Insights: Today's Fed Pause and What It Means for Homebuyers
Mortgage rates often dance to the Federal Reserve's tune, and today’s news of the Fed pausing interest rate hikes could mean good things for anyone eyeing a home purchase or considering refinancing. What Does A Pause In Rate Increases Mean for You? Mortgage Rates Might...
Mortgage rates often dance to the Federal Reserve's tune, and today’s news of the Fed pausing interest rate hikes could mean good things for anyone eyeing a home purchase or considering refinancing. What Does A Pause In Rate Increases Mean for You? Mortgage Rates Might...