Invest in Your Financial Future, Purchase an Investment Property
Investment properties can provide a solid source of income, but obtaining financing for them can be a challenge. Traditional mortgages for owner-occupied homes may not be available for investment properties, and the terms and requirements can be vastly different. That’s where Mortgage Suite comes in.
We understand the unique needs of investors and have a wide range of loan options to suit your unique situation. Whether you’re a first-time investor or a seasoned pro, we can help you secure the financing you need to purchase your investment property.
Our loan options include:
- Conventional mortgages: These are traditional mortgages offered by banks and lending institutions, which typically require a down payment of at least 20%. They also have stricter credit and income requirements than other types of loans.
- High-ratio mortgages: These mortgages allow you to purchase a property with a down payment of less than 20%, but require mortgage default insurance. They have more lenient credit and income requirements.
- Rental property loans: These loans are specifically designed for investors looking to purchase or refinance properties that are being used as rental properties. They can offer more favorable terms than traditional loans and can be used to purchase a single property or multiple properties.
- Private mortgages: These are loans that are not issued or backed by a government agency and they can offer more flexibility in terms of credit and income requirements. Learn more about private mortgages here.
With Mortgage Suite, you can expect:
- Competitive rates: We work with multiple lenders to find you the best rate for your investment property.
- Expert guidance: Our team of licensed mortgage professionals will guide you through the process and answer any questions you may have.
Investment properties can be a great way to build wealth, but financing them can be a challenge. That’s why at Mortgage Suite, we offer a wide range of loan options to suit your individual needs. We understand the unique requirements of investment properties and can help you secure the financing you need to purchase your investment property.
Contact us today to learn more about our investment property mortgages.
