DReal estate investing is one of the greatest wealth building tools that you have available to you. Did you know that roughly 90% of the millionaires in the world have real estate investments somewhere in their portfolio? Even if it’s not their primary investment tool, real estate is undeniably one of the safest, smartest investments that anyone can make.

However, there’s also a misconception about real estate investing. Many people believe that you have to have enough cash on hand to purchase a property outright in order to make it an investment. Our team of lending professionals are ready to work with you to help you obtain the mortgage that you need to start generating income through real estate investing.

Benefits of Having Investment Properties

Real estate investing also provides a litany of tax breaks for investors. For instance, if you decide to purchase one or more investment properties, you can claim the depreciation (the gradual loss of value over time) of the property on your taxes. While this number may not be equal to or greater than the profits that your property generates, it can help offset some of the earnings, allowing you to keep more of your money in your pocket when taxes come due every year.

Simplified Mortgages for Real Estate Investors

While traditional lenders require to provide proof of income that goes back years with the same employer we understand that doing so isn’t always possible and take a non-traditional approach in making your dream come true.

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Can I Get a Mortgage for an Investment Property?

Unfortunately, many conventional mortgage lenders make it difficult for applicants to get a mortgage. First of all, lenders typically don’t allow for mortgage insurance. With mortgage insurance out of the question, down payment requirements are often much higher, meaning that you have to have more money upfront to make your property investment dreams come true.

In addition to down payments that can go as high as 25%, some traditional mortgage lenders also require higher-than-normal credit scores in order to secure a loan for an investment property. While this may be acceptable if you’re already a successful investor who has an immaculate credit score, most clients who are trying to start their property investing business aren’t quite that financially secure yet.

How We Can Help

Our team of lending professionals at NonQMDirect.com isn’t limited by the rules that many traditional mortgage lenders operate under. Instead of taking a cookie-cutter approach to mortgage lending, our team takes a holistic approach to mortgage lending. Every loan application is viewed on a case-by-case basis, meaning that we don’t quickly disqualify you based on your goal of owning an investment property.

If you’re interested in adding real estate investing to your portfolio, let the team of lenders at NonQMDirect.com help you achieve that goal. We’re not interested in charging astronomical down payments and won’t hold you to an exceptionally high standard in regard to your credit score. Instead, we want to help you achieve your property ownership goals.

Contact us today to find out how our team of professional lenders can work with you to obtain a mortgage, even if your application doesn’t fit the mold of a traditional loan.