Investment

An investment loan is a type of home loan that someone takes out to buy an investment property. It is a mortgage solution for those who want to buy a property and rent it out to receive income from it, but can’t afford to buy the property without a loan. This program helps investors diversify their portfolio and increase cash flow.

 

 

Program Details

• Borrow up to 80% of the value of the home

• Bank statement program for self-employed borrowers

• Single-family residences, townhouses, 2–4 unit homes, and condos

• No income check for the repeat investor 

Second Home

Financing a vacation home requires a slightly different approach than financing a primary residence, and working with a lender who specializes in second homes can be greatly beneficial. 

 

To be an eligible second / vacation home, the property must be:

• Occupied by the owner some portion of the year

• A one-unit home (not a duplex, triplex, or four-plex)

• Suitable for year-round use

• Belonging solely to the buyer

• Not rented full-time, and is not under a timeshare arrangement

• Not operated by a management firm that has control over occupancy