Are you looking to invest in a second home?
Whether you are looking for a second home, an investment home to create an extra source of income, or a vacation home, you will need the right loan to accomplish your goals. Depending on your situation, there are different loans to select from. Choosing the right one, with the best interest rates, and lowest costs are essential to making a great investment.
There are different ways that your down payment can be structured in order to give you the quickest and best return for your investment. Many people have even qualified for a down payment under 20%. Our team can help sift through the options with you.
Using a Jumbo Loan for Investment Properties in CaliforniaJumbo loans are often used in competitive real estate markets and for financing high end properties. Investors use the jumbo loan, or jumbo mortgage, for large-sized investment properties in California. Here’s an overview of this loan type and how to determine if it’s for you.
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Most common loan type utilized for investment or second homes
Because you can not use government programs for this type of loan, a conventional loan is the best option. The structure of your conventional loans can vary depending on your specific situation but there may be options to lower you down payment to be under 20%. However, your credit will be one of the biggest factors that affect the interest rate that you get.
Which loan is best for me?
When making an investment of a 2nd home, the interest rate you receive is one of the most important factors of your loan. We encourage you to come in for a free consultation to determine the structure of your loan and to discuss your options. Our goal is to set you up for success, and to make the process easy and profitable for you.
At US Lending you get more than just a loan.
You get a team of mortgage professionals supporting you every step of the way, helping you achieve your home ownership goals. We are solution-oriented, always looking to qualify and create pathways toward home ownership for everyone we see. Our passion is to help people see their home-ownership dreams come true.
Real Estate Offices trusted US Lending as their primary recommended lender. (2015 figures)
Real Estate Agents worked alongside US Lending. (2015 figures)
Clients were able to successfully complete their loan when pre-approved by US Lending. (2015 figures)