Wednesday, June 16, 2010

There's finally a good loan program for those of you looking for investment property and/or rentals. Here are the details:

10% Down for Non-Owner Occupied (Investment/Rental) Loans! This is big news because everything has been 25-30% down!
No Appraisal!
No Mortgage Insurance
Property Must be Sold “As-Is.” Typically, investment type properties are sold this way anyway

The “Catch”
The banks are only allowing this loan program on Fannie Mae (Bank Owned) Properties so this cuts down on the available inventory for this type of loan but there are still plenty available!

Contact me for more details!

Thank You,

Kevin Schubel
Our Hard Work Leads to Your Referrals!
Cell: 360.936.7277
Website: www.TeamSchubel.com <-- Search the Entire MLS!
Website: www.GoGoodDeals.com <-- Search Bank Owned, Short Sale, and/or “Flipped” Properties.
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Vancouver, WA 98662