An Investor (or Investment) Loan is simply a term for any loan used to finance the purchase of an investment property. This includes mortgage loans where a buyer is “flipping” a property, or when someone wants to buy a property and rents it out, keeping the property in your portfolio for a longer period of time.
What Loan Types are Available?
Hard money loan
Home equity loan
If you’re considering taking out an Investor Loan on a new property, we recommend you contact us to discuss the best loan type for your investment.
What Else Should I Consider?
Strong credit provides additional and better opportunities
Required down payments are generally larger (25%+)
If you are considering purchasing a multi-unit property and living in one of the units, you may be eligible for an FHA loan which carries more generous qualification requirements
Take the first step today!
Complete your FREE application right now to speak with a mortgage expert.