Investor Loans
Ashley understands the unique needs of personal real estate investors like you. As someone who's passionate about building wealth through real estate, we know that the right investment loan can be the cornerstone of your success.
At Complete Mortgage, we specialize in catering to personal real estate investors, offering a diverse range of investment loan options designed to align with your specific goals and strategies. Whether you're looking to expand your portfolio, optimize your cash flow, or capitalize on emerging market opportunities, we're here to support you every step of the way.
With our expertise in the real estate investment landscape, we provide tailored solutions that empower you to make informed decisions and seize lucrative opportunities. From competitive rates to flexible terms, we ensure that your investment journey is not just successful but also rewarding.
Discover how our investment loan options can elevate your personal real estate investment endeavors. Welcome to a partnership dedicated to helping you achieve your financial aspirations with confidence.
Fannie Mae Investor Loan
Whether you're looking to purchase your first investment property or expand your existing portfolio, the Fannie Mae investor loan option provides the financial flexibility and support you need to achieve your real estate investment goals. Unlock the potential of your investments with Fannie Mae today.
Down Payments start at 15%: Fannie Mae offers competitive LTV ratios, allowing investors to finance a significant portion of their investment property's purchase price.
Competitive Interest Rates: Take advantage of competitive interest rates that help maximize your return on investment and optimize cash flow.
Purchase up to a 4 unit property
and intend to live in one of the units as your primary residence? Fannie Mae offers an attractive loan option with as little as 3% DOWN
Debt Service Coverage Ratio
(DSCR)
This
loan is a type of commercial loan used primarily for financing investment properties using the rental income to qualify
Purpose: DSCR loans are designed to finance income-producing properties where the property's cash flow is expected to cover the loan payments.
Calculation of Debt Service Coverage Ratio: The Debt Service Coverage Ratio (DSCR) is a measure of the property's ability to generate enough income to cover its debt obligations. It is calculated by dividing the property's net operating income (NOI) by the total debt service (mortgage payments). Lenders typically require a minimum DSCR of 1.20 to 1.50 to qualify for a DSCR loan.
Interest Rates: Interest rates for DSCR loans may be fixed or variable, depending on the lender and the specific terms of the loan. Rates are typically higher than those for residential mortgages due to the higher risk associated with commercial properties.
Credit Score Minimum is 640
Down Payment as low as 20% Down
Fix and Flip
Fix and flip loans are short-term financing options specifically tailored for real estate investors who purchase properties with the intention of renovating and reselling them for a profit.
These loans are designed to provide investors with the capital needed to acquire distressed properties, make necessary renovations or improvements, and then sell the properties quickly for a profit. Here are the key details about fix and flip loans:
Fix and flip loans come in various forms, including hard money loans, private loans, bridge loans, and short-term conventional loans. Each type of loan has its own terms, requirements, and eligibility criteria.
Down Payment Requirement Up to:
Purchase: Up to 90%
of the Purchase Price +
100% of Renovation Costs
Minimum Loan Amount: $50,000
Credit Score Minimum: 620
There are a lot of lenders that can do investor loans, however it is important to work with a lender that is not only ABLE to do the loans, but understands how real estate investing works!
Give us a call at (337) 267-8511 to learn more
Office: 1106 Coolidge Blvd. Suite 108
Lafayette, LA 70503
Call 337-267-8511
team@completemortgagela.com
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