Credit Home Mortgage Loan Blog

Home Mortgage Loan?

kristilynn729 asked:


Does anyone know a company in Ohio that will give you a home mortgage loan for an investment property? We have excellent credit and already own our home and do not want to take out a home equity loan. The problem we are having is we only need the loan for $18000 and can not find anyone who will loan that little bit for a mortgage

Dustin

Tags: Home Mortgage Loan, Investment Property, Mortgage Investment

This entry was posted on Friday, October 31st, 2008 at 10:46 am and is filed under Personal Finance. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

2 Responses to “Home Mortgage Loan?”

1. FRANK Mortgage Broker says:

   November 1, 2008 at 11:16 am

   You can get an equity line of credit for the investment home. There should be no probem, since you have such heavy equity in the property. There is no three day receission period for investment property, spo the funds can be released on date of settlement. (I have done loans like this, so I know it works.)
2. Colin says:

   November 3, 2008 at 10:45 am

   Try an online broker like e-loan to tap multiple possible sources.