Rental Purchase
Mortgage Services in Kamloops, BC
If you are planning to invest in a property with the intention of renting it out, rental purchase mortgages are the most secure way to finance your purchase. You could choose to rent out the entire property or a few rooms. This gives you an additional stream of income, can help finance your mortgage, and expand your assets.
Rental purchase mortgages can come in different types of loans. They can also cover a second home mortgage or a vacation home. Similar to other mortgages, you can choose a fixed or variable-rate mortgage. Understanding the type of mortgage you need and finding the best rates requires professional attention. Since rental purchase mortgages are long-term commitments, having an experienced mortgage specialist guide you through the process will save you from unnecessary stress in the long haul. When you work with a mortgage broker from Mortgages by Heather, you get professional advice every step of the way. Every mortgage agent is licensed and experienced with rental purchases.
At Mortgages by Heather, we will help you find the right financing for your rental property. We have worked with rental purchases across Canada and will find the right mortgage fit for your investment. Our mortgage advisors will help you understand every requirement and qualification necessary to make the approval process as quick and easy as possible. We are focused on the details so that you save more while being compliant with the latest laws and regulations.
Benefits of rental purchases
- Provides an additional stream of income
- Profit from renters can be utilized to pay off the mortgage
- Payment flexibility for borrowers
- Build income and equity
- Expand your assets
With Mortgages by Heather, you get competitive rates, excellent customer service, and professional advice. We believe in straightforward and clear communication and walk you through the entire process. If you are already a homeowner, we help you understand how you can access your home equity to finance your rental purchase. We help you through the entire process, from qualifying to securing the loan and all the research in between. Our mortgage experts will ensure that you stand to gain the most out of your mortgage.
If you are looking to invest in a rental property, we will help you find the funding you need.
