Investing in Your Future
Buying one or more real estate investment properties could be a smart way to diversify your retirement portfolio. Sometimes it begins with simply moving to a new home and keeping the prior home as a rental. Other times it comes from the thought of taking a hands-on approach to retirement savings. Rebecca Foote Mortgage Team will help you determine if buying an investment property is right for you.
Benefits of Buying an Investment Property
- Take control of your retirement.
- Fix your rate for up to 30 years.
- Let someone else pay your mortgage.
Most Popular Loan Options
Conventional Loan
- As little as 3% down payment with excellent credit.
- Fixed rate.
USDA Rural Housing Loan
- No money down.
- The seller, your relatives or your friends may pay your closing costs.
FHA Loan
- As little as 3% down payment with excellent credit.
- Fixed rate.
VA Loan
- No money down.
- No monthly mortgage insurance (PMI).
- Available to eligible Veterans and active military members.
Adjustable Rate Loan
- Lower initial payment is great for home buyers planning on selling and moving after 3 to 7 years.
If you have any questions about purchasing and investment property, don’t hesitate to reach out to my team at (717) 609-4044. We are happy to answer your questions and would love to work with you!