Summit Lending is texas mortgage broker specializing in investor loans. From 0 down, to no income verification, no documentation, cashouts with no seasoning.APPLY ONLINE, for quick prequalification.

100% LOAN TO VALUE NON OWNER OCCUPIED MORTGAGE (Commonly called 0 down investor loans or rental property loans)

100% CONVENTIONAL LOANS ARE A THING OF THE PAST. WALL STREET IS NOT BUYING AND YOU SHOULD PREPARE TO PUT A MINIMUM OF 10% DOWN.

REHAB TO RENTAL (ABOUT THE ONLY WAY TO SECURE 100% FINANCING ON RENTAL PROPERTY)

OTHER WAYS TO SECURE 100% LOANS OR 0 DOWN INVESTMENT PROPERTY LOANS

Using private or hard money is another way to buy fix up or rehab property with 0 down.
Note the difference between a mortgage and rehab loan.  Mortgages are long term solutions used for holding rental property.  0 down investor loans DO NOT  fund repair costs nor will they fund on property that is inferior , incomplete or has any structural damage.

The genious of using private money  is the ability to structure 100% loan to cost (loan proceeds include acquisition and repairs) If you then want to hold the property as a rental you then refinance the rehab loan into a long term mortgage after you have made repairs. Now you are financing typically no more than 75 -80% of market value and capturing a  much better interest rate and you have 25% equity the day your renter moves in.

ASK US TO EXPLAIN THE ABOVE SCENARIOS.

Summit Lending 866 489 5363