Finance California Investment Property!

California real estate took a real nose dive as the economy faded. But,now California property values are on the rise. Home mortgage Valencia may be the thing holding you back.It’ s a great time to begin.

If your just getting ready to buy your 1st California Investment property, make sure you get you mortgage financing pre approved before you make an offer. You will find the requirements to getting approved for an Investment Property Mortgage is much different than on a Primary Residence.

Several items will be noticeable different. First, the Loan to Value or LTV will by different. Normally, the max LTV will be 70%. Additionally along with more down, you will be required to have as much as 12 months payments as reserves. This will depend on your exact situation and credit score.

Home Mortgage Valencia

You will find that once you own more than 4 financed properties, the rules for Fannie Mae mortgages change and the requirements get tougher. Both Fannie Mae home loans and. Freddie Mac home loans can finance you if you own up to a max of 10 financed properties but it just gets harder to qualify.

We specialize in helping Investors build their portfolio of California Investment properties and can help you get started.

Call us at 877-244-9190 to get pre approved for an investment property mortgage or visit us at www.MortgageConsumer.com