"Simplifying The Dream, Simplifying Your Mortgage"
Licensed in | GA
- NMLS ID - 2480146
- 949-231-2047
- [email protected]
"Simplifying The Dream, Simplifying Your Mortgage"
Investment Property Loans
Types of Investment Property Loans
Conventional Investment Loans
These loans are mortgages provided by banks and lenders for purchasing income-generating properties. They require strong credit, a stable financial profile, and a larger down payment compared to primary home loans. These loans follow standard lending guidelines and offer long-term financing options for real estate investors.
DSCR (Debt-Service Coverage Ratio) Loans
These loans qualify borrowers based on rental income rather than personal income, making them ideal for investors without traditional income proof. Lenders assess cash flow to ensure loan payments are covered, offering a flexible option for scaling investments. They often have easier approval processes compared to conventional loans.
HELOC
A HELOC (Home Equity Line of Credit) for investment properties allows investors to borrow against their property's equity. Unlike a home equity loan, which provides a lump sum with fixed payments, a HELOC functions as a revolving credit line with variable interest. Both options can be used for property improvements, acquisitions, or other investment-related expenses.