What Loan Documents Say About Investment Properties

What Loan Documents Say About Investment Properties

A close look at what loan documents say about investment properties and the role they play in the real estate market. Checkout this video: Introduction loan docs for investment properties usually require that the borrower provide more information than for a primary residence loan. The underwriter will want to see a current rent roll, a…

How Much Down Payment is Needed for a Construction Loan?

How Much Down Payment is Needed for a Construction Loan?

A construction loan is a short-term loan used to finance the construction of a home. They are typically used by borrowers who are unable to get a traditional mortgage. Construction loans are usually paid in installments as the construction on the home progresses. Since construction loans are more risky than traditional mortgages, lenders usually require…