Lethbridge Real Estate - Rental Properties

LAST CHANCE!!!

Just a heads up to all those Lethbridge real estate investors.  The rules regarding the financing of rental properties are changing in just over one months time.  After the rules change, it will no longer be possible to purchase revenue property with less then 20% downpayment.

However, if you act fast, you can still purchase under the existing rules.

I have lenders who will allow you to purchase rental properties with as little as 5% downpayment!  But you must act fast to take advantage of this before the rules change.  I urgently invite you to take advantage of this opportrunity before it is gone, as you will never again have opportunity to leverage your investment in a rental property like is currently available for the next month.

Here is an example of one mortgage product that I have available TODAY!

Rental Properties

• Minimum Credit Score of 650
• 80% Rental Offset for subject property
• Up to 95 LTV Financing on 1-2 Units, 90 LTV Financing 3-4 Units.
• Personal Lending only No Company names.
• 80% Rental offset can be used for non-subject properties when it is verifiable to 2 of the following:
  • lease agreement (established)
  • economic rental value via appraisal (known rental – history)
  • bank statements (1year min)
  • Tax Returns.
• No area or location restrictions
• Down payment must be from own resources, no borrowed or gifted down payments accepted.
• Maximum 5 properties (individual units) in portfolio including primary residence.
• Max Mortgage of $1,000,000.00.

• Fully Income Qualified.
• All Rentals are insured regardless of LTV.