30 yr fix loans for investment properties?

30 yr fix loans for investment properties?

Rental Property Investor · Member since 2018 · 20 posts · 5 votes

How do people get 30 yrs fix loans on investment properties? the banks I have talked to only do ARM for investment loans.

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Specialist · Louisville, KY · Member since 2017 · 166 posts · 154 votes
7y
@Thomas Bender There is a potential that it could trigger a “due on sale clause” if the ownership is transferred...even if just from you as the individual to an LLC.
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  • Lender · Mokena, IL · Member since 2014 · 1k+ posts · 261 votes
    7y

    Hello Claudia,

    Yes it is possible to get a 30 year fixed mortgage on a property titled in a LLC. Its portfolio loan program offered by several national portfolio lenders.

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