Rental Mortgage

Terms	Mortgage Rates
	Our	Posted
VARIABLE	2.05%	2.65%
1 YEAR	2.60%	4.75%
3 YEAR	2.90%	4.65%
4 YEAR	3.74%	5.25%
5 YEAR	3.65%	5.85%
10 YEAR	5.19%	6.60%
Updated Sept 1st 2010

Terms

Mortgage Rates

Our

Posted

VARIABLE

2.05%

2.65%

1 YEAR

2.60%

4.75%

3 YEAR

2.90%

4.65%

4 YEAR

3.74%

5.25%

5 YEAR

3.65%

5.85%

10 YEAR

5.19%

6.60%

Updated Sept 1st 2010

Rental Mortgage

“Over 90% of all millionaires become so through owning Real Estate”
- Andrew Carnegie

Maximum Loan To Value Ratios For Rental Property Mortgages

Up to 95% LTV for properties with 1 – 2 units (owner occupied)

Up to 85% LTV for properties with 1 or more units

Up to 85% LTV for commericial multi unit residential properties with 5 or more units

Rental property mortgage rates are inline with single family home mortgage rates.

How To Buy Multiple Rental Properties

The key to purchasing multiple rental properties is how the mortgage lenders calculate the rental property income and expenses. By deducting the expenses of carrying the rental property by the income generated from the property your debt load (from a lenders perspective) will often be unchanged compared with 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.

Please feel free to call me if you would like to see if you would qualify for the purchase of rental properties.

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