One or more real estate investment properties could be a smart way to diversify your retirement portfolio. Sometimes it begins with simply moving to a new home and keeping the prior home as a rental. Other times it comes from the thought of taking a hands-on approach to retirement savings. Your personal mortgage advisor will show you how to finance your investment property purchase.
Benefits of Buying an Investment Property
- Take control of your retirement.
- Fix your rate for up to 30 years.
- Let someone else pay your mortgage.
Most Popular Loan Options
- Conventional Loan
As little as 3% down payment with excellent credit. Fixed rate.
- USDA Rural Housing Loan
No money down. The seller, your relatives or your friends may pay your closing costs.
- FHA Loan
Only 3.5% down payment. The seller or your relatives may pay your closing costs. No income thresholds.
- VA Loan
No money down. No monthly mortgage insurance (PMI). Available to eligible Veterans and active military members.
- Adjustable Rate Loan
Lower initial payment is great for home buyers planning on selling and moving after 3 to 7 years.
Contact a Mortgage Advisor online or call us at 717.249.7500