EN PT ES 321-239-2781 NMLS # 285280

Purchase Loan for Second Home and Investment Property

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Purchase Loan for Second Home and Investment Property

On behalf of a client whose bank was only able to offer a 5/1 hybrid adjustable-rate mortgage with a 20% down payment, we obtained a $100,000 investment loan with much more favorable terms (including a 30-year term, a much lower fixed interest rate, and only a 10% down payment) and closed in fewer than three weeks, enabling her to purchase a condominium to be used as a second home and investment property.

 

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