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Q: Investment Property Loans ( No Answer,   0 Comments )
Question  
Subject: Investment Property Loans
Category: Business and Money > Finance
Asked by: tphoenix-ga
List Price: $25.00
Posted: 09 Feb 2006 22:32 PST
Expires: 11 Mar 2006 22:32 PST
Question ID: 443989
I recently noticed that ING.com is offering very cheap home mortgages.
You can get one for a good rate for $550.  This is vs. typical
acquisition fees of aroun 1.5% in my area, so a significant savings on
most purchases.  I assume the rate is so low because it is an online
bank and so has very little overhead.  The problem is that they only
offer loans for owner occupied properties.  I am an investor and need
loans for non-owner oc. properties.  I'm wondering if there are other
companies, similar to ING, that operate online and have low overhead
but that do non-owner occupied property loans ... and do so at a
signficant discount vs. tradional brick and mortar establishments.
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