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Real Estate Investment Mortgage                                                                                                                      

Real Estate investment mortgage products are my specialty. I have developed extensive knowledge of the underwriting requirements of real estate investment mortgage products. For experienced real estate investors, there are depreciation and expense treatment methods which improve your ratios. For new real estate investors, there are real estate investment mortgage programs allowing investment in real estate with lower down payment requirements.

I am an active real estate investor myself, and much of my knowledge of these real estate investment mortgage programs comes from research I have done for my own investment real estate. As an active real estate investor, I understand that each real estate deal is different and may require a different mortgage solution. There is no one mortgage that is the right answer for each situation. Please call or email me with the specifics of what you want to do. I will need to know your anticipated hold period, anticipated cash flow, current rate of real estate appreciation in your market, and whether your real needs are for a reduced down payment or to maximize cash flow

Real Estate Investment Mortgage Programs fall into two categories: Fannie & Freddie and our Real Estate Investment Specialty Mortgage Programs. 

Real Estate Investment mortgage products sold to Fannie Mae or Freddie Mac require a down payment ranging from 10% to 25% with a delivery fee ranging from 1.5 to 3 points. Please understand that these fees are imposed by Fannie and Freddie and are not charges from either your lender or your broker. However, the fee allows using conventional rates and loan limits. These conforming loans are available as either fixed rate or an ARM. Even with the delivery fees, these loans can be a good choice if your goals are to maximize cash flow and you plan to hold the property for a 3 to 5 year period. Ratios are normally 28/36, but with automated underwriting, excellent credit and some liquid reserves, it is not uncommon to see back ratios in the middle 40s. Rental income is decreased by a 25% vacancy factor but there are underwriting methods which eliminates this issue for experienced investors.

The Real Estate Investment Mortgage Specialty program (actually a growing group of investor 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 real estate investment mortgage is available. Available as a fixed or adjustable rate in many reduced down payment scenarios.. 

100% real estate investment mortgage products are now available with fairly reasonable rates. These programs have been available for a while, but at extremely high rates compared to market rates. We finally have a source of financing that will allow you to acquire property with limited out of pocket costs. 

 

Please email me with any questions about the Real Estate Investment Mortgage

Learn more about Real Estate Investment Mortgage Closing Costs

I have a page on how to calculate your qualification ratios.

I have a page on documentation requirements.

Limited and No Documentation loans are now available.

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

If your interest is in foreclosure property, visit my foreclosure page for information and links to property resources.

If you are looking at foreclosure property, I have a free report available by email.

If you need to maximize your cash flow, you may want to consider using one of the new interest only loans.

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.

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

New! I have added a page on how to properly compare different investment property that may be helpful to you

Learn more about investing

Rehab programs for non owner occupied units

Learn about closing in an LLC

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 debt is structured today can have a life changing effect in the years to come.  Read more about this free, no obligation service.

Real Estate Investment Mortgage Prequalify for your Real Estate Investment Mortgage.
 

 


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Extensive consumer information on construction,remodeling, first time homebuyer,and no documentation mortgages.