Have you been looking for Canadian Investment Loans? Then I have good news for you.....they have arrived! Here in Arizona we have a lot of homes that are being sold to investors from Canada, and most of the time these sales are for CASH. As a result I get a call almost every week from agents looking for Canadian Investment Loans. There are already a few companies out there that cater to the second home market, but this is a true Canadian Investment Loan. These loans are underwritten to standard Fannie/Freddie guidelines. Processed, Underwritten and Funded in house.
Some of the details are as follows:
Down payment of 50% on each property is required
The minimum loan amount is $50,000 and the Maximum loan amount is $200,000
30 year Amortized Payment on a 5 year balloon
NO pre payment penalty for early payoff
NO limit to the number of properties financed
Initial items needed to qualify:
Full Application with 2 Year residence and work history
Credit report pulled with SIN
2 years full tax returns
Asset Statements
Copy of ID and SIN card
Current Pay Stubs
Agents: Take this as an opportunity to sell More Homes!
Buyers: This is a great opportunity to increase your portfolio of homes!
Call me today for details on Canadian Investment Loans!!!
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