Investing in actual property may be a wonderful strategy to construct wealth, however discovering the best financing could be a problem. That’s the place MortgageDepot is available in. As a mortgage dealer, we work with a wide range of lenders to search out the best mortgage product in your wants. One of many choices we provide is Investor Money Movement loans.
Investor Money Movement loans are particularly designed for non-owner-occupied properties. They don’t require earnings or job verification, making them an ideal possibility for buyers who may not have a conventional job or regular earnings. Moreover, no reserves are required, so that you gained’t have to have a sure amount of cash saved as much as qualify for the mortgage.
Listed here are some key options of Investor Money Movement loans:
- Mortgage quantities as much as $3 million: Whether or not you’re seeking to put money into a single-family residence, a apartment, or a multi-unit property, we can assist you discover a mortgage that meets your wants.
- 5-year/7-year ARM and 30-year mounted choices: Relying in your funding technique, it’s possible you’ll favor a mortgage with a hard and fast rate of interest or one with an adjustable fee that would prevent cash within the quick time period.
- Curiosity-only (IO) possibility obtainable: In the event you favor to solely pay the curiosity in your mortgage for a sure time period, we can assist you discover a mortgage that provides that possibility.
Investor Money Movement loans can be found for a wide range of property varieties, together with single-family properties, condos, townhomes, condotels, and non-warrantable condos. The loans are additionally obtainable for 2-4 unit properties, which may be an effective way to construct wealth by way of rental earnings.
At MortgageDepot, we perceive that each investor is completely different, and we work with you to search out the best mortgage product in your wants. Whether or not you’re simply beginning out otherwise you’re a seasoned investor, we can assist you discover the financing you want to obtain your objectives.
In the event you’re keen on studying extra about Investor Money Movement loans or any of the opposite mortgage merchandise we provide, don’t hesitate to succeed in out to us. We’re right here that can assist you construct your actual property portfolio and obtain your monetary objectives.
Join with one in every of our mortgage consultants to study extra.
