Investing in real estate can be one of the best ways to build your wealth and to plan for the future. Real estate holdings represent the largest portion of most people’s net worth. Real estate will always be worth something, so it represents one of the most sound and secure investments.
The 801-APPROVE Team has 20 lenders who can finance investment properties. So we can ensure you get the best possible loan and rate by shopping all 20 lenders to find you the best option for your investment property—whether it’s a purchase or refinance. Each lender has different loan options to fit different goals, needs, and property types. We can help you finance your investment portfolio, whether you only have one property, or several.
When you purchase an investment property you will need a down payment of at least 20%. Investment properties have higher default rates than owner-occupied properties. This is the reason lenders require at least 20% down payments and charge higher interest rates than they do on owner-occupied properties.
Refinance: We can refinance your investment property to lower your rate and payment to increase your cash flow. We can also get you cash out on your investment property that you can use to do whatever you want—buy another property, remodel, go on vacation, et… Call us today and let The 801-APPROVE Team help you maximize your real estate investments.
Curious what your payment would be? Use our mortgage calculator to the right to end the curiosity. Use the advanced tab to adjust property taxes, homeowners Insurance and private mortgage insurance (PMI).
If you have any questions about how much you qualify for or what you can expect for property taxes, homeowners insurance or PMI, feel free to give us a call at 801-277-7683 and we will be happy to help.
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