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?
Fix and Flip Loan
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 (20%+)
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
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