Get Financing to Buy and Improve Foreclosure Properties
Are you interested in financing to buy investment properties? Look no further. Econohomes can provide you with financing designed for property investors. For investors that plan to make improvements, our financing preserves your available capital for repairs and rehabilitation of the property.
Qualifying for house financing is simple, and the entire investment property loans process is fast. Currently the only requirement to qualify for our property financing is the 35% down payment (minimum down payment $5,000) and an initial loan balance of at least $5,000. We do not check credit, verify income, or require a property inspection. We charge a loan set up fee that is in addition to our standard transaction fees. Please ask your sales agent for current investment property loan rates, and payment details.
Short-term Affordable
Home Improvement Property Financing:
(Basic overview, terms vary)
- 35% down.
- No application or credit check.
- 3, 6, 9, and 12 month terms.
- Upfront points can be financed.
- Assurance and Title Fees cannot be financed.
- Equal monthly payments required.
- For purchases of more than one property with financing cross default provisions are required.
Long-term Affordable
Home Improvement Property Financing:
(Basic overview, terms vary)
- 35% down.
- No application or credit check.
- 36 month amortization with 1 year balloon.
- Upfront points can be financed.
- Assurance and Title Fees cannot be financed.
- Equal monthly payments required.
- For purchases of more than one property with financing cross default provisions are required.
Click on this link, Find Properties, to be connected to our storefront.
Our financing is designed for investors, not owner-occupiers. We currently do not offer owner-occupier financing. We also do not offer any financing in the following states: AR and TN.
For more information, please contact our sales agents at 800-779-7150.
