Connecticut Investment Real Estate Mortgage Options

If you already own or are looking to buy an investment property in Connecticut – we offer two great programs for Real Estate Investors:

 

The first option we offer is our Residential Mortgage Program for 1-4 Unit properties. With our Residential Mortgage Program we are able to provide you with Conventional Financing. The max loan to value (LTV) for Conventional Financing is 75%.  Rates are still very competitive with this program and you will be required to show reserves for making your mortgage payment.

 

Our Second Program is our Commercial Mortgage Loan Program. We offer a Stated Income Commercial Mortgage (closes in 3-4 weeks) on 2-4 unit, Mixed Use, and 5 unit+ investment properties. We offer a common sense approach to underwriting.   This loan is ideal for self employed borrowers or seasoned investors that need to move quickly to close. This loan allows for up to 75% LTV and the mortgage term can either be for 25 or 30 years.  These rates are higher than the Conventional Financing option – but that is only because it is Stated Income.

 

Please call us today so we can provide you with a free consultation on we can get your Investment Property financed.

 

Thank you,

 

IMG_0126David Tortora NMLS 88166
Company NMLS 117273
210 South Main Street
Middletown CT 06457
tortora@northeast-mortgage.com
860-788-7237

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