Investment Properties and Rental Properties Salt Lake City
Are you interested in buying a second home or a few investment properties? We can simplify things for you.
At American Loans, we provide access to investment property loans for those interested in purchasing residential properties, rental properties, and vacation properties. You can also use your current home equity to finance any additional properties.
Take a closer look at our investment property loan benefits:
- Up to 80% of value with scores of 620+ Refinance or Purchase
- We lend up to 75% of future appraised value on Renovation Loans
- From one unit up to four units
- Finance up to 10 Properties
- Rates 4.25% to 4.50% depending on qualifications
Getting an investment property loan in Utah works a little differently compared to a conventional mortgage. Before buying an investment property, do your homework thoroughly. Investing in Salt Lake City rental properties is just like any kind of investment: you need to assess both the benefits and the risks involved.
If real estate investments are part of your long-term plan, thoroughly examine all factors. These factors include the type of property to invest in, the length of investment (short or long-term), and the short and long-term profitability. It’s also wise to consider all of your mortgage options before making any commitments.
Once you’ve decided, American Loans is here to help you access some of Utah’s best investment property loans and find the right program to fit your needs.