Mortgage Solutions for Rental Properties
Are you turned down by big banks because you own “Too Many” investment properties? Too much debts? Or just not enough cash flow?
Not an issue with Valueland!
Valueland Mortgages has access to a variety of lenders who work differently than traditional banks and get you approved no matter how many properties you have at the moment.
Here are what we can do differently than banks:
Banks -
- Limited number of properties each borrower can own
- Down payment must come from own sources, no gift funds allowed
- Investment property under company name not allowed
- Minimum sq ft of living area required, such as small bungalows, studio condo units
- Must claim rental income taxes in previous year
Valueland -
- No limit on number of properties owned
- Gift down payment acceptable
- Property under company name is ok
- Small bungalows, studio condos with small living area, Not a problem
- Cash rental income is ok
Contact Valueland to get your unique situation reviewed and proposed solutions.