Talk To Robert Smith
- Call (647) 249-8147
Robert Smith
Mortgage Agent Level 2 # M21001278
Build Generational Wealth: Purchase Investment Homes Across Canada and the USA
find out if you qualify For these special offers and build for yourself and your loved ones today!
Let Us Help You Build Generational Wealth in Canada or the USA.
Whether mortgage rates are soaring or dipping, opportunities to expand your portfolio always exist. Allow us to guide you on your mortgage journey and seize those chances
Building lasting wealth that spans generations isn't just about saving; it's about strategic investing. Real estate in both the USA and Canada offers robust opportunities for such growth. Recognizing the potential in these markets, we've curated specialized mortgage programs designed to facilitate your property investments across these regions. Whether you're looking to capitalize on the metropolitan allure of cities like Toronto and Vancouver or the diverse landscapes of American real estate, our tailored mortgage programs provide the guidance and support you need to expand your portfolio and cement your family's financial future.
Robert Smith
Mortgage Agent Level 2 # M21001278
Build Generational Wealth: Purchase Investment Homes Across Canada and the USA
See what kind of Investment Home Loan Benefits you may qualify for with our 60 second Pre-Approval
Investment Home Guidelines For Canada & USA
Canada Guidelines:
Min Credit Score - 550 and above
Max LTV - 65-80% Depending on Location
Max Mortgage Size - Upto 2 Million
Upto 30 Year AM
2-4 Units OK
USA DSCR Business Loans (Investment Homes) Guidelines
Allowed Foreign Nationals - YES ( Canadians can buy in USA)
Min. Loan Amount $125K
Max Loan Amount $3MM
30 & 40 Yr.
LTVs as High as 80%
FICOs as low as 620
2-4 Units Condos OK
First Time Investors
Regardless of whether mortgage rates are high or low, opportunities are always available
Buying an investment home when mortgage rates are high might seem counterintuitive, but there are several strategic reasons to consider:
Lower Competition: Fewer buyers in the market due to high rates can mean less competition for properties. This might give you a better chance of securing a property at a good price or negotiating favorable terms.
Potential for Greater Appreciation: If you're buying during a period of high mortgage rates, it's possible that property values may be lower. As rates eventually decrease, property values might rise, leading to potential appreciation on your investment.
Rental Income Stability: Even with higher mortgage rates, the demand for rentals can remain stable or even increase, especially if potential homebuyers are deterred from buying. This can result in consistent rental income for property investors.
Long-term Perspective: Real estate is typically a long-term investment. While current rates might be high, they may decrease in the future. Locking in a property now ensures you're set for potential future gains.
Hedge Against Inflation: Real estate can act as a hedge against inflation. While high mortgage rates might be a result of inflationary pressures, real estate properties often appreciate over time, which can offset the impacts of inflation on your overall wealth.
Remember, it's essential to assess your individual financial situation and consult with financial professionals before making any investment decisions
Buying an investment home when mortgage rates are low offers several advantages:
Affordability: Lower mortgage rates directly translate to lower monthly payments. This can allow investors to purchase properties they might not have been able to afford otherwise, or even buy multiple properties.
Refinancing Opportunities: If you already own property, low rates provide an excellent opportunity to refinance existing mortgages. This can reduce your monthly payments, freeing up cash for repairs, upgrades, or further investments.
Increased Buying Power: With lower interest rates, the total cost of borrowing is reduced. This means that for the same monthly payment at a higher interest rate, you might be able to secure a more valuable property.
Future Rental Rate Potential: Even if you secure a property with a low mortgage rate, rental rates in the market might not immediately reflect this change. This can result in a higher profit margin from rental income, especially if rental prices remain stable or increase.
Equity Building: With lower interest rates, a larger portion of your monthly payment goes towards the principal rather than the interest. This allows for faster equity building, giving investors more leverage for future real estate deals or other investment opportunities.
As always, while low mortgage rates present enticing opportunities, it's crucial to do thorough research and consult with financial professionals to make informed decisions.
Get In Touch
Robert Smith - Mortgage Agent Level 2 - # M21001278
(647)-249-8147
150 King Street West 2nd Floor Suite 335, Toronto Ontario M5H 1J9
Copyright © 2020 Citadel Mortgages Lic # 12993,
Head Office – 150 King Street West 2nd Floor Suite 335, Toronto, ON M5H 1J9
Alberta Office – 421 7th Avenue S.W., 30th Floor, Calgary, Alberta, T2P 4K9
Nova Scotia Office – 1701 Hollis Street, Suite 800 Halifax, NS B3J 3M8
Saskatchewan Office – 2010 – 11th Avenue 7th Floor Regina Saskatchewan S4P0J3
Newfoundland Office – 1 Church Hill – Suite 201-522 St. John’s Newfoundland A1C 3Z7
New Brunswick Office – 500 St George Street, Moncton NB, E1C 1Y3
British Columbia Office – 4170 Still Creek Drive Suite 200, Burnaby BC, V5C 6C6
Citadel Mortgages is licensed in the following: Ontario FSRA 12993 – Saskatchewan FCAA 509446, Nova Scotia 2021-3000010– Alberta, PEI, Nunavut, Newfoundland 21-07-CI083-1. New Brunswick 210031130, British Columbia X301267
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“Instant Approval, Conditional Approval, Pre-Approval” – Borrower subject to credit and underwriting approval. Not all borrowers will be approved for conventional financing or equity financing. Receipt of borrower’s application does not represent an approval for financing or interest rate guarantee. Restrictions may apply, Annual APR is subject to approval and underwriting, APR includes all fees and rate which is calculated on a yearly term. APR varies contact us for current rates or more information on a specific product. OAC*
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