Investor Loans for Eligible Borrowers Nationwide
Leaman Team Powered by New American Funding Multiple Property Program
Although most Austin mortgage lenders only allow borrowers to finance up to 4 properties, with Leaman Teams’s Multiple Property Program, qualified borrowers are able to finance up to 10 properties with great rates and low fees. This program is intended for eligible borrowers who own over 4 financed properties and are looking to purchase a second home and other investment property.
Please note that Leaman Team Powered by New American Funding does offer mortgage options for qualified borrowers who are looking to purchase 4 or fewer properties as well. Contact one of our mortgage specialists today at (512) 717-4299 for more information regarding those investor loan programs.
Multiple Property Program Details:
- To qualify, borrowers must own more than 4 financed properties
- Under this program, borrowers may not exceed 10 financed properties
- Minimum credit score of 720 is required
- ELIGIBLE properties include: second homes (1-Unit, Warrantable Condo, Planned Unit Development) and investment properties (1-4 Unit, Warrantable Condo, Planned Unit Development)
- Primary residence, Projects with legal non-conforming, Co-ops, Properties on acreage exceeding 10 acres, Earth/dome/geothermal and log homes, Manufactured homes, and Modular homes are considered INELIGIBLE
To contact an Austin mortgage investor expert, use the contact for on the right or call (512) 717-4299.