Investment Property Mortgage Loans
A mortgage that fits you:
These rates are current for , but ask us about a free rate lock.
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Investment property loans
Rate*:
5.125%
Origination: 1.0% Fee
APR*:
5.349
Notes: This is one of many programs we
offer. Please visit us or
contact a mortgage
specialist to see if it's perfect
for you. You can also apply
on line right now.
Advantages:
- Investment properties can provide monthly income and long-term appreciation.
- Great if you want to purchase or refinance a 1-4 unit investment property.
- Explore the option of a fixed interest rate and its advantages.
Disadvantages:
- Rates for investment properties are higher than primary residences.
- Loans for investment properties usually require higher down payment and
equity requirements than loans for primary residences.
*Annual Percentage Rate. Rates and fees
will vary depending on the terms of the loan. APR calculation is based on a
$100,000.00 loan amount, with a 1.00% loan origination fee (1.50% for manufactured
homes), at 80% Loan to Value (75% for Investment Properties) and based
on a 740 FICO score. Loan programs and rates are subject to change without notice.
Rates listed are those that are offered to consumers with "good" credit
characteristics and terms may vary based on the credit worthiness of the individual.
Rates and terms may be affected by the loan's purpose, amount financed, or by the
type of property.
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Try our loan
amortization calculator which examines how term and rate can affect your payments. We
also have a
pre-qualifier calculator
to help you get an idea about home much home you can afford.
**Northwest Community is providing
information about the First-Time Home Buyer Tax Credit for general awareness only and
not as legal or tax advice. Before you make any decisions, speak with a professional
legal or tax consultant to see how this credit would work in your particular situation.