For real estate investors seeking a loan, there are many options. Some mortgage financing options come with commercial loans, syndicate equity financing, bonds or stocks, and security agreements.
2. • You may obtain real estate
investment loans from savings
banks and commercial banks,
thrifts and loans, savings and
loan associations, and from
credit unions. Other sources
where a loan may be
requested are insurance
companies, finance lenders,
mortgage bankers, pension
funds, investment trusts and
mortgage trusts.
• Real estate investment
loans and property
investment loans are
also offered by private
individuals.
3. There are two types of real estate
investment loans.
1. Residential Category
Loans
• often called Non-
Owner Occupied (NOO)
• come with investment
properties that are
bought and planned for
rent income and
appreciation in the
future
4. On the other hand, a commercial
category
• composed of apartment
buildings with 5 or more
units, mix-used
buildings, warehouse
and stores.
• Major factors which are
considered before an
investment property loan
may be granted are
investor's
income, reserves and
credit scores.
5. Five essentials for a loan
are interest
rate, payment, terms, prin
cipal, and final value.
These interrelated
elements automatically
alter when any small
change comes up in any
one.