Competitive rates, low costs, and attractive terms.
Whether it’s one property or several, Interra is here to help you with your investment properties!
When it comes to investment properties, Interra offers financing and options to fit your needs.
- Financing for single, duplexes, and multi-unit properties.
- Attractive terms and competitive rates.
- Low closing costs.
Please contact Interra with any questions you have about investment property financing.
What is the minimum down payment on an investment property?
Most investment properties require a down payment of 25%. In some cases, if you have additional assets to offer as collateral, down payments may be much less. If you contact any of our commercial lenders we can discuss options, including loan structures that can help keep your down payment as low as possible.
How do I finance my first investment property?
It’s important to do your research first. Evaluate the potential risks of property damage, loss of rents and vacancy. Compare the risks and benefits of buying property with an existing lease vs. starting from scratch. Carefully consider the condition, market rents, number of units and location of the property.
Can you get a 30-year loan on an investment property?
Interra offers terms up to 20-years on investment properties. But, if you’re looking for a longer term to help keep payments low, we can still help with that. Because we offer highly competitive rates and flexible repayment structures, your monthly payment will often be lower with us than with another financial institution.
