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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 Today

Request a free consultation to review your options, or get started with an application today. When applying for a pre-approval, choose the option for home purchase without an accepted contract. See our helpful tips and documentation checklist.


Or contact a Mortgage Loan Officer at a branch near you »

 


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

Contact Us Today

 For honest, professional service, speak with a SESLOC Residential Mortgage Loan representative. They will be happy to answer your questions and help you make the right choices. Call them today at 805.543.1816 or email us at REinfo@sesloc.org.

 

 

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