How to Get a Mortgage for a Rental Property (Step-by-Step)

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  • เผยแพร่เมื่อ 29 ก.ย. 2024

ความคิดเห็น • 21

  • @samuellouissaint4955
    @samuellouissaint4955 4 หลายเดือนก่อน +7

    Great info. Planning on buying another property this year. This is helpful.

    • @jeffthemortgageexpert
      @jeffthemortgageexpert 4 หลายเดือนก่อน

      Thank you and I'm glad you enjoyed it! Reach out if you have any questions! 😀

    • @icemanant3098
      @icemanant3098 4 หลายเดือนก่อน +1

      Good luck, sending successful vibes your way

  • @ChuckNorris-Investor
    @ChuckNorris-Investor 4 หลายเดือนก่อน +4

    Awesome Show
    I plan on reaching out for some Loans now!

    • @jeffthemortgageexpert
      @jeffthemortgageexpert 4 หลายเดือนก่อน +2

      Thanks and gald you enjoyed it! I'm looking forward to connecting! 😀

  • @jamesjanotta2363
    @jamesjanotta2363 4 หลายเดือนก่อน +2

    So I can use my 401k to help qualify? Thanks

    • @jeffthemortgageexpert
      @jeffthemortgageexpert 4 หลายเดือนก่อน +1

      Yes! It can easily be used with the non-conventional asset qualifier program if you are under 62, or with conventional financing if you are over 62. My contact info is in the show notes and reach out if you would like to discuss it! 😀

  • @jamespeter991
    @jamespeter991 3 หลายเดือนก่อน

    Is 101.5 the official name of the program?

  • @JessicaUresti01
    @JessicaUresti01 4 หลายเดือนก่อน +2

    My loan officer is requiring 25% down for a duplex?

    • @jeffthemortgageexpert
      @jeffthemortgageexpert 4 หลายเดือนก่อน

      We have a 20% down investment option for 2-4 units. Reach out and my contact info is in the show notes.

    • @abriyahyasha-rahla2656
      @abriyahyasha-rahla2656 4 หลายเดือนก่อน +2

      That sounds about right.

    • @JessicaUresti01
      @JessicaUresti01 4 หลายเดือนก่อน

      @@abriyahyasha-rahla2656 Yea I think this video didn’t mention 25% down payment. Not sure.

    • @jeffthemortgageexpert
      @jeffthemortgageexpert 4 หลายเดือนก่อน +2

      Conventional financing (Fannie Mae/Freddie Mac) requirements are 5% down if it's your primary or 25% down if it's a 2-4 unit investment property. There is a non-conventional loan program that has a 20% down requirement for 2-4 unit investment properties and not all mortgage companies offer it. Hope this helps and reach out if you have any questions. Have a great weekend! 😀

  • @AdrianaHernandez-hj6zz
    @AdrianaHernandez-hj6zz 4 หลายเดือนก่อน +1

    Hi Jeff, can you share you info so I can connect. I’m interested in a loan and want to know what options I have thanks in advance.

    • @jeffthemortgageexpert
      @jeffthemortgageexpert 4 หลายเดือนก่อน

      TH-cam doesn't like it when I put my website or phone number in the comments for some reason, but my contact info is in the show notes and I look forward to connecting with you! 😀

  • @AdrianaHernandez-hj6zz
    @AdrianaHernandez-hj6zz 4 หลายเดือนก่อน +1

    Hi Jeff, can you share you info so I can connect. I’m interested in a loan and want to know what options I have thanks in advance.

    • @jeffthemortgageexpert
      @jeffthemortgageexpert 4 หลายเดือนก่อน

      TH-cam doesn't like it when I put my website or phone number in the comments for some reason, but my contact info is in the show notes and I look forward to connecting with you! 😀

  • @AdrianaHernandez-hj6zz
    @AdrianaHernandez-hj6zz 4 หลายเดือนก่อน +1

    Hi Jeff, can you share you info so I can connect. I’m interested in a loan and want to know what options I have thanks in advance.

    • @jeffthemortgageexpert
      @jeffthemortgageexpert 4 หลายเดือนก่อน +2

      TH-cam doesn't like it when I put my website or phone number in the comments for some reason, but my contact info is in the show notes and I look forward to connecting with you! 😀

  • @evefavorse5939
    @evefavorse5939 3 หลายเดือนก่อน

    Great information

  • @aprilvancleve9463
    @aprilvancleve9463 4 หลายเดือนก่อน +2

    You are so knowledgeable!! Appreciate all the info.
    I have a question -- How does one start out as a loan originator without going commission only (assuming they already have their licensure)? Where do they go to get the knowledge first instead of cutting their teeth on errors and bad learning experiences?