Investment Mortgages
415.655 CASH (2274)
Investment Mortgages
A Investment Mortgages are designed to help real estate investors finance properties for rental income or capital appreciation.
The main point when purchasing multiple rental properties is understanding how rental mortgage lenders calculate the property income and expenses. By deducting the expenses of carrying the rental mortgage from the income generated from the property, your debt load (from a lenders point of view) will often be unchanged. This is compared to having the same income without the added expense of an additional property. This allows the average person with a decent income to purchase multiple rental properties.
There are still insurance programs available for 20% down payment; (80% Loan-to-Value). We know the lenders who have an appetite for investment mortgages, let Cashin Mortgages put you on the right path to mortgage investing.
Multi-Unit Purchases:
CMHC Mortgage Loan Insurance enables Approved Lenders to help borrowers purchase multi-unit properties with a minimum of 20% down. Borrowers can also access competitive interest rates for the life of the mortgage and enjoy reduced renewal risk.
Ready to take the next step? Book a call with us today and let’s discuss your financial goals. Your future starts now! Or, give us a call at 416.655.CASH (2274) directly for immediate assistance.
What is an Investment Mortgage?
An Investment Mortgage is a loan used to purchase properties with the intention of generating rental income or capital gain, rather than for personal occupancy.
How does an Investment Mortgage differ from a Regular Mortgage?
Construction Mortgages disburse funds in instalments as construction milestones are met. Borrowers typically make interest-only payments during the construction phase and then transition to regular mortgage payments once the home is completed.
Ready to maximize your real estate investment potential?
Kickstart your investment journey today!
