Flexible Loan Terms: Available in fixed-rate and adjustable-rate options with various term lengths, allowing for tailored financing solutions.
Higher Down Payment Requirements: Typically requires a down payment of 15-25%, depending on property type and borrower qualifications.
Competitive Interest Rates: Offers competitive rates for investment properties, though often slightly higher than primary residence loans.
Financing for 1-4 Unit Properties: Ideal for purchasing or refinancing residential investment properties, including single-family homes and small multi-unit buildings.
Income Potential: Leverage rental income to offset mortgage payments and build long-term wealth through real estate investments.
Credit and Income Requirements: Strong credit score and stable income are typically required to qualify, ensuring the ability to manage the investment.
No Private Mortgage Insurance (PMI): If you put 20% or more down, there is no requirement for PMI, reducing monthly payments.
Supports Property Portfolios: Allows for the financing of additional properties, making it easier to grow your investment portfolio.
