Investment property loan products are my specialty.
be interested in the Cash Flow Investment property
loan for the the greatest flexibility in investment property loan qualifying ratios,
For experienced property investors, there are depreciation and expense treatment methods
which improve your investment property loan ratios. I have developed extensive knowledge of the
underwriting requirements of an investment property loan. Email
investment property loan questions.
Investment property loan products fall into two categories: Fannie & Freddie
and our Investment Property Loan Specialty Programs.
Investment property loan products sold to Fannie Mae or
Freddie Mac require a down payment from 10% to 25% with a delivery fee
from 1.5 to 3 points. Please understand that these investment property
loan fees are imposed by
Fannie and Freddie and are not charges from your mortgage broker.
The fee allows
using conventional rates and loan limits. These conforming investment property
loan products are available
as either fixed rate or an investment property loan ARM. Even with the
investment property loan delivery
fees, these investment property loan products can be a good choice if your goals are to maximize cash flow
and you plan to hold the investment property for a 3 to 5 year period. Ratios are normally
28/36, but with automated underwriting, excellent credit and some liquid
reserves, I see back ratios in the middle 40s. Rental income is decreased by a 25% vacancy factor but there are
methods which eliminates this issue for experienced investors.
The Investment Property Loan Specialty program (actually a growing group of
investment property loan programs) allows purchase
or refinances with only 5% equity. The program allows up to 20 properties plus your
home. Available up to $1,000,000 and 2-4 unit properties are
acceptable. Ratios are generally 34/40 and a No
Documentation Investment Property Loan Program is available.
property loan financing is now available with fairly reasonable rates. These programs have been
available for a while, but at extremely high rates compared to market rates.
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.