mortgage rates and terms to help you make an informed decision. No matter if you’re investing in a vacation home, rental property or residence, it’s important to shop around for a lender that’s willing to work with you to provide the best possible interest rates on your home mortgage....
Our staff can help you navigate the lending process, finding low down-payment programs, advantageous closing cost scenarios, and special deals for first-time buyers. Learn More Vacation Home Loans If you’re looking to purchase a beach, mountain, or lake home as a getaway or a rental, we ...
A combination loan pairs a conforming first mortgage with a home equity second mortgage for up to 80% of the property's value in a single application with 1 down payment. Combination loans may help you avoid the higher rates of a jumbo first mortgage. Combination loans are made up of 3 ...
You can only use an FHA loan for your primary residence, so this is not a good option for vacation homes or investment properties. While FHA loans don’t require private mortgage insurance, they do require buyers to pay an upfront Mortgage Insurance Premium (MIP).⁷ Pros of FHA loans Ca...
Whether you're a first time home buyer, a self-employed professional, new to Canada, renewing your mortgage, refinancing, buying a vacation or rental property, or just looking for ways to pay off your mortgage earlier, I work to find the right lender and mortgage product for you. ...
Whether you’re looking to buy a vacation property, start a rental portfolio, or help accommodate a family member, there are many reasons to buy a second property (while keeping your existing property), which might make sense for you! Now, while there are many great reasons to buy a ...
Both the interest that you pay on the mortgage for that rental property and the points are deductible from your rent income.When using a rented vacation home for both personal and business use, business expenses are tax deductible, subject to limitation. When a taxpayer uses the vacation home ...
These fees may include charges for items such as, for example, a credit profile or a property appraisal. Appraisal or appraised value An informed estimate of the value of a property. When made in connection with an application for a loan secured by a home, a professional appraiser usually ...
purchase that new home sooner. Today, interest-only mortgages, self-employment programs, mortgages for rental purchases, vacation property mortgage financing, and a host of other innovative mortgage alternatives are dotting the home purchase landscape, making homeownership a reality for more people than...
Buying a vacation home is a dream comes true for most people. A Global Equity Finance loan officer can assist you home mortgage consultant, rental property and ultimately choose the best way to finance the vacation home of your dreams.