Investment properties are often the most overlooked refinance opportunities. Whether you are seeking to increase cash-flow, lower your term or extract equity for needed improvements, a refinance could be the answer to a more secure financial future. Your personal mortgage advisor will assist you in determining the best solution for your particular reason in refinancing your investment property.
Benefits of Refinancing an Investment Property
- Increase monthly cash-flow.
- Lower your term to own your investment free and clear sooner.
- Fix your rate for up to 30 years.
- Use the equity in one investment property as a down payment for another.
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