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100% LTV Investment Property Mortgages                                                                                                                      

100% LTV investment property mortgages are now available from several lenders.  The most attractive feature of 100% LTV investment property mortgages, in addition to the ability to reduce your out of pocket costs when acquiring an investment property, is that there is no mortgage insurance required.  I have a page on 100% LTV investment property mortgages documentation requirements. I have a page on how to properly compare different investment property that may be helpful to you.

100% LTV investment property financing loans are available as 30 and 15 year fixed rate as well as short and mid term ARMs. My investment property lenders will require credit scores above 700 and 100% LTV investment property financing is only available with full doc files. For stated income investment property mortgages 95% is the max. Some offer both an interest only feature and a 40 year term to reduce your monthly payment but, they do charge a rate premium for either. I will be happy to run the numbers for you to see which approach makes the most sense in your individual situation. I monitor pricing daily and will place your loan with the lender offering the best pricing. Please note that these programs are available for 1-2 unit residential properties only. For 3 and 4 unit buildings, 95% is the best I am seeing in today's market.

I have an investor mortgage based on the LIBOR or MTA Index. Either the LIBOR (London Interbank Offered Rate) or MTA (Monthly Treasury Average) Index is more stable than the COFI index (Cost of Funds Index). Comparison charts between the COFI, LIBOR and MTA indexes are available. While these loans will require at least 10% down, you will have greater flexibility in managing your investment property loan as you will have four repayment options to choose from each month to better manage cash flow. You can decide to amortize the loan for 30 or 15 years, a minimum amount, or interest only. You can choose every month and have the flexibility to manage cash flow as never before!

Many of my clients are converting from fully amortizing payments to an interest only approach with a significantly lower monthly payment. I have some extensive information available. Read more to see if this powerful tool could work for you.

In 2008, Short Sales are where most of the action in real estate is. Learn more about Short Sales

Limited and No Documentation loans are now available for investment properties.

If the building you are looking at contains 5 or more units, you will need commercial loans.

I have a page on how to calculate your qualification ratios. Remember that rental income is subject to a 25% vacancy factor.

If your interest is in foreclosure property as a real estate investment, visit my foreclosure page for information and links to property resources.

If you are looking at foreclosure property as an investment, I have a free report available by email. Request a Good Faith Estimate before you apply.

Here are my thoughts on the difficulty of "flipping" investor properties.

For the the greatest flexibility and maximum loan qualifying ratios, you may be interested in the Cash Flow ARM. This may be the very best option for an investor. I am a real estate investor as well and this is the loan product I use for all my properties.

Read more about 100% LTV investment property mortgages Closing Costs

Learn about closing in an LLC

 Learn Advanced Techniques from a Foreclosure Expert right from your home with foreclosureS.com!

RealProspect - Direct mail automation, prospect management and scheduled follow-up software for creative real estate investors!

As a Certified Mortgage Planning Specialist, I offer an analysis of your situation today can make suggestions on how small changes in how your consumer and mortgage debt is structured today can have a life changing effect in the years to come.  Read more about this free, no obligation service.

100% LTV investment property mortgages Prequalify for your 100% LTV investment property mortgages.

 


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