Are you an actual property investor in search of a non permanent mortgage possibility in your stabilized condo belongings? We provide quite a few mortgage techniques to suit your funding wishes, together with a non permanent interest-only mortgage possibility for stabilized condo houses.
Listed below are a couple of advantages of opting for our non permanent interest-only mortgage possibility:
- Hobby-only bills:
With this mortgage possibility, you are going to solely need to pay the curiosity for the time period of the mortgage. This may come up with larger money waft and versatility, permitting you to reinvest price range in different tasks.
- Quick-term mortgage:
This mortgage is designed to be a non permanent answer, most often lasting between 1 to a few years. This can be a nice possibility if you’re having a look to buy or refinance a condo belongings briefly, with the goal of refinancing or promoting it within the close to long run.
- Versatile phrases:
We provide versatile phrases to suit your funding wishes. Our mortgage consultants can paintings with you to customise a mortgage program that matches your funding targets and goals.
- Stabilized condo houses:
This mortgage possibility is designed for condo houses which might be absolutely leased and producing solid source of revenue. It’s not supposed for houses which might be wanting intensive maintenance or renovations.
- Streamlined software procedure:
Our software procedure is fast and simple, permitting you to get the investment you wish to have in a well timed way. We will be able to come up with a pre-approval letter inside 24 hours of receiving your mortgage software.
At MortgageDepot, we perceive the original wishes of actual property traders. Our mortgage consultants are skilled in running with actual property traders and will come up with the experience and steering you wish to have to make the appropriate funding selections. We will be able to mean you can navigate the mortgage procedure, from software to investment, to verify a clean and environment friendly transaction.
In case you are an actual property investor in search of a non permanent interest-only mortgage possibility for a stabilized condo belongings, MortgageDepot is right here to lend a hand. Touch us nowadays to be informed extra about our mortgage techniques and to talk with certainly one of our mortgage consultants.
Hook up with certainly one of our mortgage experts to be informed extra.