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Investment
Property:
Experienced real estate investors know how difficult it is to get financing on investment properties. Most lenders reduce your loan to value up to 70%, they will not refinance your property if you have owned it for less than 1 year, and if you bought the home for under market value and need cash out for repairs or improvements, most lender will just laugh. Not at Fairway Mortgage. We have purchase money first mortgage and rate and term refinance loan programs at a 90% LTV. If you have owned the property for less than one year and need cash out, Fairway Mortgage has loan programs at 80% cash out. Or, if you purchased a distressed property significantly under value and need money for repairs we have loan programs based on the higher market value of the property not the lower purchase price. Contact Fairway Mortgage today and an experienced investment property loan officer will consult with you regarding all your lending options. |