Financing Programs for Investment Properties
The discussion highlights conventional and FHA programs, along with DSCR loans and lines of credit for investment properties. These options may help more buyers, including those whose credit scores are not as high.
Key takeaways
- Conventional and FHA programs are still available through the lender discussed.
- The newer financing options discussed include investment loans, or DSCR loans.
- Lines of credit for investment properties are also being offered.
- These programs may help more people, including buyers whose credit scores are not as high.
Explanation
Carolina Uwer says she recently joined New American Funding and has been with the company for two months. She continues to offer conventional and FHA programs. The newer programs she is working with include investment loans, also called DSCR loans, and lines of credit for investment properties. The conversation says these options can provide more flexibility and may help people whose credit scores are not as high.
Reel transcript
English version
Hello, hello, we’re here with Carolina Uwer, with some great news, and you’re with a new bank. Tell us about it. Yes, I’m with New American Funding. I started with them two months ago, and I’m super excited about everything I have to offer. That’s great. What new programs can clients expect right now when they apply with you? Well, I have the same conventional and FHA programs, but the new programs I’m specifically working with are investment loans, or DSCR loans, and also lines of credit for investment properties, with credit scores that don’t have to be as high. That can help more people, above all. Really, a specific program, David, can help many more people. That’s great; there’s much more flexibility nowadays, Carolina. So if you’re thinking about buying a home, call me and I can put you in contact with her so you can apply. Thank you.
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