Buy an Investment or Vacation Property
Are You Buying An Investment Property?
Buying an investment property or vacation home is rapidly becoming the preferred investment method for many Canadians. Since real estate values usually rise as time passes, it is considered a secure option to invest in. Nonetheless, to enjoy a profitable investment there are certain factors that you need to consider before buying an investment property.
Decide on whether you are going to hold on to the property for a increase in real estate value before selling or are you going to make profits within a few months by renting out the property. Each type of these investments comes with certain outcomes that require expertise and knowledge in that area. Your local John Antle Mortgage Professional will be able to answer any questions and provide you with the most choice, convenience and best counsel.
The Investment Property Mortgage Process
A Quick and Painless 3 Step Process
STEP 1 – Investment Property Mortgage Checklist
If you are purchasing an investment property, certain documents are required to complete the transaction. By taking a moment to ensure that you have all the documents on this list. You’ll help us to finalize your mortgage faster.
What Documents Do I Need
Download our Investment Property Checklist
STEP 2 – Investment Property Purchase Calculator
Use our easy to use Mortgage Affordability Calculator, and Payment Calculator to determine the monthly or annual mortgage payments you can afford to suit your budget. These calculators will allow you to make informed financing decisions.
How Much Can I Afford?
Click Here To use our affordability calculator.
STEP 3 – Investment Property Mortgage Application
Usually you can get Investment Property purchase approval within 24 hours with the necessary income verification and supporting paperwork on hand. Get started on the first step towards your Investment Property mortgage approval.