Investors


Purchasing a property for investment and rental income requires a different approach than for an owner occupied property. The lender takes into consideration different factors when considering these mortgage applications. There is a greater risk to the lender and therefore they have stricter guidelines. There are also different guidelines per lenders. For the borrower there is the advantage of rental income to cover the mortgage costs. As your mortgage broker I can help guide you throughout the process to fully understand the pros and cons of this type of mortgage and how to manage your real estate investment portfolio.

Comments are closed.