If you’re considering purchasing an investment property, it’s important to understand how it differs from purchasing a primary residence. While the process remains the same, the terms of loans and types of loans available are different.
For example, mortgages for investment properties typically require a larger down payment, may have a higher interest rate, and may call for more money in savings. At Mortgage Specialists, we not only focus on your loan but how it affects your financial future. Allow our team to guide you through the various options available to you and choose the best one for your unique situation.