Investment Property Loans
Purchase or refinance a residential investment property anywhere in the USA.
Investment property loans up to $2.5 million
Purchase or refinance a residential investment property
More Investment Property Loans
- No origination fees and low closing costs
- Purchase or refinance a non-owner-occupied condo, townhouse or 1-4-family residence (no cash out)
- Investment property may be located anywhere in the USA
- Maximum loan to value (LTV) is 70%
Make an appointment for a free mortgage consultation with our experienced staff.
- Mortgage Rates for Primary or Secondary Residences
- Fixed-Rate First Mortgage *
as low as 6.250% (6.365% APR) - Adjustable-Rate Mortgage **
as low as 6.000% (7.342% APR) - Home Equity Line of Credit ***
8.500% (8.500% APR) - First-Time Home Buyer
as low as 3% down payment
Compare Investment Property Loans
Fixed-Rate Mortgage for purchase or refinance
- Fixed terms available for 10, 15, 20, and 30 years
- Conforming and jumbo investment-property loans up to $2,500,000 (a Star One member may borrow up to $7,000,000 cumulative)
Fixed-to-Adjustable-Rate Mortgage (ARM) for purchase or refinance
- Rate adjusts annually after an initial fixed period of 3, 5, 7, or 10 years with a payment amortized over 30 years
- Index is based on weekly average yield of one-year Treasury Constant Maturity (TCM)
- Conforming and jumbo investment-property loans up to $2,500,000 (a Star One member may borrow up to $7,000,000 cumulative)
Solar Loans for Investment Properties
Star One can finance, or refinance, a solar-powered energy system for your investment or rental property, up to four units—with rates starting at 6.25% APR.
Disclosures
[1]. The Annual Percentage Rate (APR) for Jumbo loans assumes a loan amount of $800,000. The APR for all other loans assumes a loan amount of $100,000.
* Fixed-rate mortgage payment examples assuming a $300,000 loan: 10-year mortgage at 6.365% APR—120 monthly payments at $3,369.00; 15-year mortgage at 6.473% APR—180 monthly payments at $2,592.90; 20-year mortgage at 6.707% APR—240 monthly payments at $2,258.70; and 30-year mortgage at 6.940% APR—360 monthly payments at $1,970.70. Loan payments do not include taxes and insurance.
** ARM mortgage loan rates may range from 6.892% APR to 6.484% APR during the initial fixed-rate period, which may be 3, 5, 7 or 10 years. The APR is subsequently variable, based on an index and margin, for the remainder of the 30-year term. For example, on a 30-year 3/1 ARM loan of $300,000 starting at 7.342% APR, you would make 36 payments of $1,798.50 during the initial three-year fixed-rate period. Loan payments do not include taxes and insurance.
*** Home-equity line of credit rates are variable and the maximum APR that could apply is 18.000%. The maximum term is 25 years, which includes a 10-year draw period and a 15-year repayment period. For lines exceeding $250,000, closing and appraisal fees may apply in the range of $1,500 to $2,500. There may be an early closure fee of $500 for home-equity lines closed within the first two years of origination.
**** In most of the country, the maximum conforming loan limit for one-unit properties is $766,550. In "high-cost" areas, the maximum conforming limit may be up to $1,149,825. The "high-cost" areas loan limits are established annually by the Federal Housing Finance Agency (FHFA). These higher limits are designed to make homeownership more affordable in areas with the highest home prices.
***** The Jumbo Loan limit is any amount greater than $766,550 up to $5,000,000. High-Balance Conforming allows for higher loan limits beyond the $766,550 conforming limit up to $1,149,825 for high-cost areas as determined by the Federal Housing Finance Agency (FHFA).
✝ Monthly payments may vary slightly from those quoted due to rounding.