Real Estate Loan Options That Would Be Helpful For Investors

Real Estate loan options has considerably reduced after the bubble burst in 2008 and it is still the case. So lender financing championed the way for most investment loan programs following the slump.

Recently, there is a resurgence of hard money investor finances available and some are attractively packaged so read the small print and make sure your specific needs can be accommodated. It is best that you get familiar with these Real Estate loan options because this will be very useful whether you are selling or buying.

Hard Money Loan Options – There are several hard money lenders offering Real Estate loan in Atlanta. A hard money loan is a specific type of asset-based loan financing through which a borrower receives funds secured by real property. Hard money loans are typically issued by private investors or companies. To some real estate investors this type of Real Estate loan options can be useful if you need a quick closing.

- An FHA loan is a mortgage insured by the Federal Housing Administration, a government agency within the U.S. Department of Housing and Urban Development. Borrowers with FHA loans pay for mortgage insurance, which protects the lender from a loss if the borrower defaults on the loan. If you are buying your property for the first time, and according to FHA your down payment can be as low as 3.5% of the purchase price. Available on 1-4 unit properties. This could be the type of Real Estate loan options that could be beneficial to you so be informed about the FHA loan program.

– Another Real Estate options which gained popularity years ago when new builders penetrated the investment market. With today’s technology, you now have the ability to obtain a construction loan from the best banks in the country and sign your loan documents at your local title company or escrow office. But not all construction loans are created equal. Just like any product, there are the best loans, good loans and downright bad loans. It’s important to be able to tell the difference between a beneficial and a shady loan and to always proceed with caution.

– This is a convenient Real Estate loan options when you are doing a rehab and you do not have enough capital to improve the house. 203k loan allows you to wrap your renovation costs into your mortgage with one loan and one closing. The amount you borrow is a combination of the price of the home and the estimated price of the repairs, including labor and materials.

Leverage the above Real Estate options simply by familiarizing the products and learn more about their programs. Maybe not all of the above investment loan programs will work for you. So find out more about it, establish and maintain contact with a lender with whom you can get more useful information. Smart investors will always stay updated and take advantage of all the Real Estate loan options available in the market.