The housing market continues to sizzle into fall and it’s no surprise that at West Coast Mortgage Group, we are seeing borrowers inquiring about conventional loans for investment property. When it comes to financing investment property, because it is not your primary or even your secondary home, conventional loans tend to be the best fit as the terms often needed for the borrower.

Hot markets like San Diego, Carson City and Sacramento continue to see conventional loans being used in regards to investment property. Understanding your conventional loan options is a great place to start! Some people think investment property financing can be a complex topic. That’s why it is important to us at West Coast Mortgage Group to provide you with your borrower options and bring the best practices for navigating the process.

Advantages of a Conventional Home Loan:

  • Lower mortgage payments for those with higher credit scores
  • No mortgage insurance with 20% or more down, lowering monthly payments
  • Can be used to purchase investment properties and second homes
  • Lower mortgage payments for those with higher credit scores
  • No mortgage insurance with 20% or more down, lowering monthly payments
  • Can be used to purchase investment properties and second homes

With West Coast Mortgage Group, getting approved for your conventional loan is easy. We work hard on your behalf to take care of the details and pride ourselves on creating a simple process for our clients. Which translates into minimal work for you, and a smooth transition.

If you are in a multiple offer market like San Diego and interested in getting backed by a trusted lender, who has been serving up great interest rates since 2004, give us a call! When you work with West Coast Mortgage Group, you aren’t just working with a great team; you’re also investing in the local community. We care about social responsibility and continuing our efforts to improve the quality of life for our neighbors.

We greatly value being your trusted home financing resource! What questions about veteran loans do you have?

Message us or give us a call!
(916) 453-7533
NMLS #5084

🥇💰🏡  Thinking about a home loan or refinance through West Coast Mortgage Group?
https://wcmtg.com/get-started/

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https://wcmtg.com/community-contribution/

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https://wcmtg.com/blog/

👨🏽‍💼👩🏼‍💼🧑🏿‍💼👨🏻‍💼👩🏾‍💼 Interested in working on our team here at West Coast Mortgage Group?
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Published On: October 21st, 2021Categories: Blog

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