Investment Properties

ttyson722 · Joined: 22 Apr 2006 Posts: 6 0.24 Dollars($)

Does anyone know of any lenders that will finance 90% LTV on investment properties or someone that will make Hard Cash loans on them?

Bill · Posted: Sun Apr 23, 2006 2:16 pm Post subject:

Tyson,

I see you are still working the Non-Owner Occupied (N/O/O) Investment mortgage questions ... I hope you get ALL the answers you are looking for with the MortgageFit forums!

N/O/O Investment mortgage loan programs are available up to 100% Loan-to-Value (LTV) given the proper borrowing circumstances. 90% LTV N/O/O mortgages are readily available as either single loan or two loan programs (ie: 90 LTV or 80/10 LTV programs).

'Hard Money' private investor N/O/O mortgage loans are also readily available ... however; this type of loan does not generally go beyond 75% LTV due to the higher risks involved in a typical 'hard money' scenario that falls outside of standard lending guidelines set-forth by any of the main-stream secondary market pools of mortgage funds.

Your specific borrowing scenario will dictate which (if any) mortgage loan programs you will qualify for. Seek the assistance of a local/reputable mortgage broker that has experience in lending this type of money for comprehensive answers to your questions - hopefully allowing you to purchase the property(s) you desire.

Best of Luck!

0.10 Dollars($)

Bill
Thanks again for your help, I am trying to look into all scenerios in order to make this dream a reality.

Thanks again

jerry · Posted: Sun Apr 23, 2006 8:16 pm Post subject: RE:

Hi ttyson,

Your query has already been answered in this section. Please refer to it.

To know more about investment property go through the article "Rolling over Profit through Sale of Investment Property".

Thanks,
Jerry.

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