Investment Property Mortgage in Oakville

Now that you’ve decided to enter the housing market, you are going to need to contact a reputable brokerage firm. With a mortgage broker working on your behalf, you will secure more than just your investment property. You will secure a mortgage with low-interest rates and terms that put you on the path to financial prosperity.

For unrivaled service tailored to your needs, we invite you to contact eMortgage Solutions. With us at your side, you will obtain a mortgage with the most favorable terms possible.

Request our services by calling (416) 258-0156 today.

What Is an Investment Property?

An investment property is a piece of real estate purchased for the purpose of generating income or making significant capital gains—such as a single-family home, a duplex, or another multi-unit property.

Income properties are a great way to diversify a financial portfolio and make capital gains for a variety of reasons. Over time, well-maintained properties in secure areas will increase in value, which makes for great resale opportunities in the future. Tenants also help in paying off mortgages and loans, making your investment property a low-risk endeavor.

Would you like to learn more about rental property mortgage rates? Are you eager to schedule your first meeting with us? Call us at your convenience. We’re always ready to take your call.

Can I Get a Mortgage for an Investment Property?

There are a variety of options available to borrowers looking to secure their first income property. Your property type––whether commercial, residential, or mixed-use––will determine exactly what mortgage you qualify for. The rates and terms for each of these mortgage products will vary.

With the assistance of our brokerage firm, we will pair you with the lender whose financial products best suit your needs.

Are Mortgage Rates Higher for Investment Properties?

Mortgage rates are often higher for investment properties than standard homeowner’s mortgages. The interest rates for your mortgage, however, can be adjusted according to your credit history, the size of your down payment, and other criteria. Rest assured, one of our brokers will advocate on your behalf to secure the lowest rates possible.

How Much Are Down Payments for Income Property Mortgages?

Down payments for income property mortgages are typically higher than other down payments. In most cases, you will be expected to put 20% down. If you happen to occupy a unit in your building, your down payment could be as low as 10% or even lower––5%.

Contact the Investment Mortgage Specialists Today

A rental property has the potential to be an incredible investment. All that’s required is for you to secure a mortgage with the most satisfactory terms. With our firm working on your behalf, you’ll have access to the nation’s leading mortgage lenders, and they’ll all be vying for your business.

Request the services of Oakville’s most sought-after brokerage firm today by calling (416) 258-0156. We cannot wait to work with you.