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Tuesday, June 25, 2024

Brief-Time period Curiosity-Solely Loans for Stabilized Rental Properties


Are you an actual property investor on the lookout for a short-term mortgage choice to your stabilized rental property? We provide quite a lot of mortgage packages to suit your funding wants, together with a short-term interest-only mortgage choice for stabilized rental properties.

Listed here are a number of advantages of selecting our short-term interest-only mortgage choice:

  • Curiosity-only funds:
    With this mortgage choice, you’ll solely should pay the curiosity for the time period of the mortgage. This will offer you larger money movement and adaptability, permitting you to reinvest funds in different initiatives.
  • Brief-term mortgage:
    This mortgage is designed to be a short-term resolution, usually lasting between 1 to three years. This can be a nice choice if you’re seeking to buy or refinance a rental property shortly, with the intention of refinancing or promoting it within the close to future.
  • Versatile phrases:
    We provide versatile phrases to suit your funding wants. Our mortgage specialists can work with you to customise a mortgage program that matches your funding targets and targets.
  • Stabilized rental properties:
    This mortgage choice is designed for rental properties which can be totally leased and producing secure revenue. It isn’t meant for properties which can be in want of in depth repairs or renovations.
  • Streamlined utility course of:
    Our utility course of is fast and simple, permitting you to get the funding you want in a well timed method. We will offer you a pre-approval letter inside 24 hours of receiving your mortgage utility.

At MortgageDepot, we perceive the distinctive wants of actual property traders. Our mortgage specialists are skilled in working with actual property traders and may offer you the experience and steering it’s worthwhile to make the fitting funding choices. We may help you navigate the mortgage course of, from utility to funding, to make sure a clean and environment friendly transaction.

In case you are an actual property investor on the lookout for a short-term interest-only mortgage choice for a stabilized rental property, MortgageDepot is right here to assist. Contact us in the present day to be taught extra about our mortgage packages and to talk with certainly one of our mortgage specialists.

Join with certainly one of our mortgage consultants to be taught extra.

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