Investment Property Loans
For those looking to invest in a rental property, look no further. At SESLOC you can lock in your rate and keep payments low by amortizing over 30 years1. Our Investment Property Loan is for purchases or refinances of 1 unit or 2-4 unit properties (non-owner occupied), and features:
- Fixed rate & payments for first five years (adjusts annually thereafter)
- Limits on rate Increases: 1% annually / 5% lifetime
- 30-year amortization (15-year term) for affordable payments1
- No prepayment penalties
- No application fee
- No negative amortization
- Pre-qualification available
Rate Index: 11th District cost of Funds
Get started with an application or speak with a Mortgage Loan Officer »
For a free consultation, call (805) 543-1816, email or book an appointment »
1Payment Example: For an adjustable rate mortgage in the amount of $400,000, with an amortization of 30 years, and an initial interest rate of 4.125% (APR 4.394%*) for the first five years, the estimated monthly payment would be $1,938.59. Actual payment will vary throughout the life of the loan, based on final loan terms and changes to the index. Payment example excludes taxes and insurance. Actual payment will vary throughout the life of the loan, based on final loan terms and changes to the rate index. Rate and payments may increase after consummation. Refer to the Payment Calculator below to estimate additional payment examples.
*APR = Annual Percentage Rate