Homestead has a smarter way to finance your real estate portfolio!

Are you an experienced real estate investor looking to purchase a new property or refinance* an existing one?

We have a program that will allow you to use the cashflow from a subject property for loan qualification.

Key Features and Benefits of the program

• Loan amounts from $100,000-$3,000,000**
• 1-4 unit, PUD's & Condos
• Non-owner occupied investment properties only
• Fixed & ARM options
• Qualifying income solely based on subject property rental income
• Option for no prepayment penalty
• Available for purchase and refinance transactions
• Transaction may close in the name of an LLO subject to program guidelines

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Certain terms, conditions, and exclusions apply. Product guidelines and availability subject to change at anytime. A minimum of 12 months of rental property ownership is required. *Cash-out loan proceeds used for any personal use are not eligible. Maximum cash-out rate of $500,000. Effective 7/15/24. **Two appraisals for loan amounts over 2,000,000.

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