Obtaining Investor Loans For Real

Estate Purchases

Overview While the credit market for real estate loans remains tight, loans are available for individuals to finance their real estate investments. If you’re considering buying residential property as an investment, working with a mortgage broker can help you find the best deals on real estate investment loans.

Although the real estate market and overall economy are recovering from the housing crisis of 2008, banks remain guarded about lending money. This can create obstacles for people who wish to obtain financing to buy properties as an investment. • Banks remain adamant about having a

substantial down payment. • Banks are doing thorough credit checks. • Banks are more strict about borrowing limits.

Mortgage Loans Pose Obstacles

Now Is The Time Although the credit market remains tight, now is an ideal opportunity to begin buying properties as investments.

• Home prices rose in 225 of 276 cities surveyed by Clear Capital in 2013.

• On average, prices increased by about 10.9 percent.

• Growth will be less dramatic, but will remain stable in 2014.

Why Real Estate? Real estate has historically proven to be a safe investment that will help generate revenue while also increasing in value over time. Some benefits of real estate investing include: • Tangible, real assets. • Historic growth trends. • Ability to increase value with renovation. • Tax write-offs.

Some Mortgages Available To

Investors • Fixed rate mortgages • Adjustable rate mortgages • Interest only mortgages

FHA Loans For Investors • Federal Housing Administration loans can help

prospective property investors obtain financing for residential property in certain cases.

• Although you can’t use a FHA loan to buy a

pure investment property, you can use it to buy a multi-unit residence if you live in one of the units.

HomePath Loans Fannie Mae’s HomePath program can help real estate investors find affordable mortgages. • These loans are available with small down

payments. • They can be used to finance repairs as well. • No mortgage insurance is required. • They are available only for repos owned by

Fannie Mae, however.

How A Broker Can Help First Rate Financial Group can help prospective real estate investors find the financing they need to begin building their empire. A mortgage broker from our firm can help investors: • Analyze their current financial situation. • Advise on changes they need to make to become

more attractive to banks and other lenders. • Find banks and lenders interested in making real

estate investment loans. • Help present their case to these institutions.

First Rate Financial Group is a Conejo Valley mortgage brokerage dedicated to helping clients find the best mortgage deals available for property in our area. We work with our clients to find home loans that they can afford and that will help them realize their dreams. Whether it’s a refinance, new home purchase or other need, our experienced brokers can help. To learn more, visit http://www.frfgp.com/.

About First Rate Financial Group