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Hello! Are you looking to buy a home or refinance your loan?

SuperLoans has you covered.

Let’s Guide You Through
Property Investment.

What you need to know.

Obtaining a real estate investment loan can be a strategic way to finance your real estate ventures, whether you’re
looking to purchase rental properties, fix and flip homes, or invest in commercial real estate.

Here is a step-by-step guide to help you secure a real estate investment loan.
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1. Define Your Investment
Strategy
  • Determine your investment goals. Do you plan to buy and hold properties for rental income? Fix and flip homes for short-term gains? Or will you engage in another investment strategy?
  • Identify the type of real estate you want to invest in (residential, commercial, multifamily, etc.).
  • Establish a budget and determine the amount of financing you need.
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2. Check Out Your Credit Score,
Organize Financial Documents
  • Check your credit score and, if necessary, work on improving it. A higher credit score can help you qualify for better loan terms.
  • Organize your financial documents, including tax returns, bank statements, and proof of income, to demonstrate your financial stability to lenders.
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3. Explore Different
Loan Types
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4. Create a Business
Plan
  • Create a comprehensive business plan outlining your investment strategy, financial projections, and potential return on investment. Lenders often require this document to assess your project’s viability.
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5. Build a Strong Real
Estate Team
  • Put together a team of professionals, including real estate agents, attorneys, and contractors, who can provide guidance and expertise throughout your investment journey.
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6. Research Lenders
  • Choose a lender that specializes in real estate investment loans and can provide competitive interest rates with flexible loan terms and eligibility criteria. Partner with a lender aligned with your investment goals.
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7. Get Prequalified or
Preapproved
  • Apply for prequalification or preapproval. Prequalification provides an estimate of the loan amount you may qualify for, while preapproval is a more thorough process that verifies your financial information.
  • Preapproval can strengthen your position when making offers on properties.
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8. Identify Properties
  • Start searching for investment properties that meet your strategic and budgetary goals. Analyze potential properties for their income potential, location, and appreciation.
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9. Make an Offer
  • Once you find a suitable property, make an offer that’s contingent on obtaining financing. This provides an escape clause if you’re unable to secure a loan.
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10. Finalize the Loan
Application
  • Submit a formal loan application to the lender, providing all required documents and information.
  • The lender will conduct due diligence, including property appraisal and credit checks.
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11. Underwriting and
Approval
  • The lender’s underwriting department will assess the application, including the property’s value, your creditworthiness, and your ability to repay the loan.
  • Once approved, you will receive a commitment letter outlining the loan terms.
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12. Closing
  • Sign the loan documents and complete the closing process, which typically involves paying closing costs and fees.
  • The loan funds will be disbursed, and you can proceed with the purchase or investment project.

Minimum Requirements for
Investment Property Loans

There are requirements unique to investment property loans, including:
Down payments
There are a portfolio of products available for down payment assistance, including those allow for low to no money down.
Reserves
These monthly payments, sometimes known as "mortgage reserves," are what the lender wants to see in the bank. Depending on how many homes you own, the amount typically equals two to six months' worth of mortgage payments.
Evidence of rental income.
Copies of current leases, a rent roll history, and tax returns demonstrating rental revenue may be required. In most circumstances, the appraisal will also include an investigation to establish comparable rents of properties in the vicinity.
Use of rental revenue to quality
To qualify for a loan, you may be able to include the actual or expected rental income from the home you're buying. For example, FHA and VA multifamily loan standards will include rent payments from units you do not live in as part of your qualifying income.
Property management experience
Some loan programs ask you to document or justify your rental experience. Others may want tax returns demonstrating that you have previously handled rental properties.

Your Investment. Our Financing.

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