Investment
Loans
Whether you’re looking to purchase, renovate, or refinance your next real estate investment property, Family First Funding can help. Featuring competitive terms and loan options, we have the solutions you need to fund your next portfolio property. When you work with Family First, loans are designed to match your needs, and you’ll work with a team that believes you deserve exceptional solutions, no matter your location or the size of your loan.
If you are looking to start a portfolio or add to your existing portfolio we have multiple products for any size investor. Qualifying for these loans can be done with a traditional full doc, partial doc, debt service coverage ratio, bank statements, or collateralized loans – just to name a few. Let Family First Funding help you qualify for a rate and term that fits your portfolio.
We have a wide variety of commercial investment solutions as well!
Get in touch with our Commercial Capital Division to learn more.
ADDITIONAL LOAN PRODUCTS
FOR INVESTORS
Renovations needing 6 months or less. Lower credit scores and down payments.
Learn MoreLoan amounts from $417,000 up to $3,000,000. Credit scores as low as 680. As little as 15% down.
Learn MoreZero money down and 100% financing available if you live outside of a metro area.
Learn MoreCALCULATOR
Your payment will vary depending on how much you will be borrowing, the interest rate, and the length of your loan. Other factors also need to be taken into consideration, such as your taxes, your insurance, and your PMI, all of which are included in your monthly house payment. Even the value of your home will affect your payment.
Just as an example, let’s say you are borrowing $250,000.00 for 30 years with an interest rate of 5.875%. If the value of your home is $300,000.00, your property taxes $3,000.00 per year and your insurance is $1,500.00 per year, you can expect to be making a total payment of $1,958.01. This is because you need to pay $1,478.84 toward the actual loan, plus $250.00 for real estate taxes and $125.00 toward insurance.
Since your loan to value ratio is 83.33%, you will also have to pay PMI for 16 months which will add an extra $104.17 a month. Don’t forget to drop the PMI when the 16 months is complete and you might save yourself some money each month. Canceling your PMI will require a reappraisal of your home in most cases.
WHO ARE WE?
Family First Funding LLC is a State Licensed Mortgage Bank founded in 2011 and headquartered in Toms River, New Jersey, licensed in 35+ states. Our responsibility as mortgage professionals goes beyond just providing a rate quote. We help each client determine what their financial goals are and qualify them for a successful mortgage investment. We want you to feel empowered to make informed decisions on your mortgage. Buying a home is not only a huge financial investment, it is also a deeply rewarding experience. As you begin this next chapter, we’re grateful to guide you through the process.
