Increase profits by getting a lower rate on your investment property loan
Get a financial edge and be a step ahead of the competition shopping for your investment property loan
Getting a investment property loan pre-approval is crucial when planning on buying a investment home. Calculate the monthly and annual costs involved to narrow down the property that will fit your investment needs. Investing in the rental property does not only consist of calculating monthly housing costs but also making sure to plan for unexpected expenses, such as vacancies and repairs, we work with your budget and check to make sure your rate and
Take advantage of our current 30 year fixed and 15 year fixed interest rates when planning on purchasing an investment property, or apply to get your
Benefits of buying an investment property
- Rental Income. Maximize your profits on you investment property with today’s low rates. Lowering your payments increases the gain margins from your real estate investment.
- Additional tax deductions. Owning an investment property opens additional tax deducting opportunities. Deduct interest, depreciation, and additional expenses. You can even include travel and costs incurred when visiting your investment home to check up on it.
- Owning an investment home can improve your credit standing. Continuously making payments on time will have a positive reflection on your credit.
Don’t expect easier guidelines for buying an investment property
- Down payment requirements for investment properties start at 20%, with a recommended down payment of 25%.
- In order to obtain an investment property loan the very minimum eligible credit score is 620.
- Unfortunately, no gift funds may be accepted when applied an investment property loan.