Real Estate Investor Mortgage Loans
Greatland Financial offers Competitive Loan Programs to Finance Your Investment Purchase
Purchasing a real estate investment property is one of life's most rewarding experiences and Greatland Financial has the knowledge and resources to help you get through this process quickly and smoothly. Today's purchase market is expanding dramatically along with the availability of mortgage loans. Greatland Financial has hundreds of loan programs available, and more people are qualifying than ever!
If you've always thought you couldn't own your own investment property due to less-than-perfect credit, down payment constraints or because you're self-employed, let us prove you wrong. We've got a variety of unique loan programs designed to fit your specific needs, whether you're looking for lower payments or lower interest rates. In fact, we believe the only people we can't help are those who don't call us. Talk to an investment mortgage planner today and invest into your future. Even if you haven't started shopping for your new investment property, call us to get a free pre-approval so that you can be ready when the time comes. It only takes a few moments to get pre-approved and it will give you more bargaining power when you find the investment property you've always wanted.
Real Estate Investor Finance Loan Programs
Greatland Financial offers conventional and creative investment loan programs:
Private Money
Private money, or hard money loans, can be a great financing tool for the real estate investor. Hard money mortgages are typically made through private money investors. Usually the credit score of the borrower is not a crucial factor of loan program approval requirements and the loan is purely against the collateral of the property. A typical private money loan has a maximum loan to value ratio of 65%.
15 Year Fixed Rate
- A shorter loan life and lower rates
- To remain in your house less than 10 years
- Greater savings over the life of the loan if low monthly payments are not a priority
30 Year Fixed Rate
- Low monthly payments that don't change
- A loan that's generally easier to qualify for
- To remain in your home longer than 10 years and pay off your loan
- The maximum tax advantage (please consult your tax adviser)
Interest Only
With an Interest First Mortgage loan, you pay only the interest on the mortgage in monthly payments for a fixed term*. This is a great option if you are looking for greater purchasing power and increased cash flow. This plan could result in hundreds of dollars in monthly savings.
Adjustable Rate Mortgage (ARM)
Adjustable Rate Mortgage offers a low rate that is fixed for the first five years. This loan program allows you to not only purchase but, get cash out of your home and lower your monthly payments at rates you thought you had missed.
* Balloon payment may be required. Rates may vary by state. In some states, a rate lock fee is required. No cancellation fees apply only to loans without a rate lock. Interest Rate is subject to change without notice. Not all applicants will be approved. Full documentation & property insurance may be required. Loan secured by a lien against your property. Some restrictions apply. Fees, terms & conditions apply. Call for details.
