Everything You Need to Know About Our Investor Advantage Program
One of the biggest hurdles that new real estate investors face is sourcing income property financing when it’s time to purchase an investment property. How do you accumulate the necessary buying power, or purchasing resources in time to snag a great deal, once you finally find it?
Without proper financial backing in order, investing in homes or property can be a difficult proposition for anyone without deep enough pockets behind them. Fortunately, thanks to the new Investor Advantage program from Options Financial, income property financing is about to get a whole lot easier for the average buyer who’s ready to invest in an income property.
The Benefits of the Investor Advantage Program
Like other healthy loan programs, Investor Advantage presents investors with short-term access to long-term benefits. Let’s break down what this actually means.
Dependent on personal financial success, market conditions, industry turns, and general life chaos, your financial state often fluctuates. And while individuals identify the value in securing investment properties for equity, second-income, and retirement benefits, immediate life-conditions can present obstacles to securing the necessary financing.
The Options Financial Investor Advantage program prioritizes buyer flexibility for those who are interested in investment properties. With our Investor Advantage loans, those who have been negatively impacted by the housing crisis, who have a credit score that hovers in the mid- to low-600 range, or who have temporarily reduced income are still eligible for home investment loans.
Additional buyer-friendly benefits of the loan program include: 24 months seasoning on bankruptcy; unlimited financed properties; non-warrantable condos; and allowance of foreign national borrowers.
Why the Investor Advantage Loan Program Is Important
The Investor Advantage loan program is a resource for you to utilize as a real estate investor, whether you’re making your first investment purchase, or you’re a seasoned investor getting more involved in the real estate market. Like an agent, Investor Advantage works to help you maximize long-term gain – it’s an important loan program because it caters to the everyday buyer.
To qualify for an Investor Advantage loan at the basic level, a buyer must produce 2 years’ worth of W-2 paystubs (if you are a wage-earner), or if you’re self-employed, you only need to show a year of personal bank statements. Depending on your needs and preexisting conditions, you may be able to secure an Investor Advantage Pro loan that offers even greater buyer flexibility.
For those who secure an Investor Advantage Pro loan, added investor benefits include 3/1 ARM loan amortization, no income documentation, and no minimum reserve requirements. For first-time and seasoned home investors alike, the Investor Advantage program is unique in its flexibility to offer buyers competitive purchasing power when transitioning into real estate or property investment.
Understanding if Investor Advantage Is Right for You
Here at Options Financial, we know that there is no one-size-fits-all investment strategy for anyone. Investing in real estate can be a stressful, complex financial decision that requires ample research and market expertise. That’s why we offer everything from financial support insight to additional and personalized help, finding the loan that works for you.
If you think that the Investor Advantage loan program is the right tool to help you gain the purchasing power you need to invest in real estate in today’s economy, reach out and get in touch with Options Financial today.