Hi there,nanubains wrote: ↑Oct 24th, 2017 11:37 amThis thread is very informative and I was a regular visitor since March until I closed on my new home for 2.39 fixed for 5 yrs
Looking at the current rates, they went up a lot
With the new rules with effect from Jan 2018, how hard it is to secure mortgage for investment property ?
Glad you find this thread useful and informative. All the regular posting brokers here put a lot of time and energy into making this forum as beneficial to borrowers as possible so it's great to get some feedback. As for your question - It won't be any harder to secure the mortgage if you qualify well for it, but the new rules will negatively impact your purchasing power when buying a rental. Is the mortgage for a purchase, refinance, or switch?
Concierge Mortgage Group