Non Owner Occupied Loans

Need a non owner occupied loan? We have them and none of our non owner occupied loans require tax returns. We offer non owner occupied loan for both commercial and residential properties.

Buying property isn’t just so you can have somewhere to live. It also can be a good investment. Whatever your reason, if you’re ready to buy more property but aren’t planning to live in it, this is the loan for you. A purchase or refinance mortgage for a non owner occupied property, also referred to as an investment property, is in many ways the same as a home loan for a house the owner will live in as his or her primary residence. The mortgage applicant must qualify for the loan based on several factors such as income, credit history, assets, and other debts. Because non owner occupied loans are more risky for the bank or mortgage lender the requirements are typically more strict. In order to meet the guidelines of the loan program greater equity in the property, a higher credit score, and more money in savings may be needed, when compared to a similar loan amount for an owner occupied home

To find out more see our “Hot Loan Products” for rates and guidelines.