Our team has the expertise to help you get the best deal on your investment property mortgage.
Here at Centum Mortgage Store, Ltd., we know it can be difficult to find a solid investment. Not only is it tricky to evaluate your prospects, but it can also be hard to know where to start if you’re new to it. In our experience, one type of investment that many people are comfortable with is real estate, as buying property is more tangible than buying something like stocks. If you are interested in buying an investment property, one of the first things you’ll need to figure out is how to finance it, which is where our experts come in. Our team will help you get the right type of financing for your investment, as well as the best rates.
Before buying an investment property, there are a few important things you need to know. The first is that investment properties typically fall under different financial guidelines than traditional mortgages. One of those differences is that because you won’t be living at your investment property full-time, you’ll most likely have to make a bigger down payment on it than you did on your primary residence–think 25-35%. You might also want to look into a purchase plus improvements mortgage or another of the many options available to you. Fortunately, you can turn to our team at Centum Mortgage Store, Ltd. to get our expert advice on which option would be best for your situation, as well as professional assistance in sealing the deal.
We at Centum Mortgage Store, Ltd. are proud to serve the Okanagan, British Columbia community, and we want to help you get the best financing for your investment property. If you are interested in making this kind of investment, we encourage you to call our team to consult with one of our experts.