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Unlocking Secrets of Income Property Loans Today
Description
Learn how to harvest equity without giving up your low, fixed-rate mortgage.
Today, I discuss: conventional loans for single-family rentals, DTI, refinancing, accessing equity, student loan debt, and down payment requirements for income properties with Ridge Lending Group President, Caeli Ridge.
Learn what's better for a second mortgage—the pros and cons of a HELOC vs. Home Equity Loan.
You also get a mortgage market overview.
We discuss changes in cash-out refinance seasoning requirements.
Caeli also describes where she believes mortgage rates are headed later this year.
Resources mentioned:
Show Notes:
Ridge Lending Group:
info@ridgelendinggroup.com
Join us for tomorrow's free GRE Florida properties webinar:
Ridge's All-In-One Loan Simulator:
https://ridgelendinggroup.com/aio-simulator/
Get mortgage loans for investment property:
RidgeLendingGroup.com or call 855-74-RIDGE
or e-mail: info@RidgeLendingGroup.com
Find cash-flowing Jacksonville property at:
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Speaker 0 (00:00:00) - Welcome to GRE! I'm your host Keith Weinhold. You can get a conventional loan for a single family rental with less than a 20% down payment. Learn why you might want to refinance today. Even though mortgage rates aren't as low as they were a couple years ago, how do you qualify for loans if you've already got student loan debt? All things mortgages and financing today on Get Rich Education,
Speaker 2 (00:00:29) - You are listening to the show that has created more financial freedom than nearly any show in the world. This is Get Rich Education.
Speaker 0 (00:00:52) - Welcome to GRE from K Patis North Carolina to Hattiesburg, Mississippi and across 188 nations worldwide. I'm Keith Weinhold. This is Get Rich Education, the voice of real estate investing since 2014. Before we get into a great education on all things mortgages today, there is still a little bit of time left for you to join us on tomorrow night's G R E Live event. You can join us from the comfort of your own home. This is for new build single family rentals, opt to four plexes in Jacksonville, Ocala, and elsewhere in Florida. Purchase prices are still below 300 K on the single families. Yes, still in the two hundreds in some cases. I don't know how long that can last. Yeah, these are the property ty