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Investment Property Specialists

Are We Investors? Are We Lenders? We are BOTH!

Several key factors make a lender suitable to work with for investment properties, so when you are evaluating lenders, be sure to ask about the following:

 

Experience with investors—Lenders who regularly work with real estate investors better understand unique situations, such as multiple mortgages, different income structures, and property-specific considerations. They're more likely to have suitable loan products and know how to evaluate investment scenarios.

 

Clear communication and responsiveness - A suitable lender should proactively set expectations, explain requirements clearly, and respond promptly to questions. This is especially important for investment properties where timing can be critical for deals.

 

Competitive rates and terms—While investment property loans typically have higher rates than primary residences, a suitable lender should offer competitive rates and reasonable terms and be transparent about all fees and costs involved.

 

Flexible underwriting—Some lenders better understand different income sources, such as rental income, business income, or 1099 income. They may also be more flexible with debt-to-income ratios and down payment requirements for qualified investors.

 

Efficient processes—Time kills deals in real estate investing. Good lenders have streamlined systems for document collection, appraisals, and closing. They should also be able to give realistic timelines and consistently meet them.

 

Portfolio lending options - Some lenders keep loans on their books rather than selling them to agencies like Fannie Mae. This can mean more flexibility in loan terms and qualification requirements, which is valuable for investors with multiple properties.

 

At Verifund, we are committed to being your lender for this loan and all future loans. Contact us to truly understand the difference advisors who own investment properties can make in your future.

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