Residential Investment Property Loans
When Do I Need to Use a Residential Real Estate Loan?
If you want to buy a home to live in (owner-occupied), you’d use a traditional mortgage. If you’re buying a multi-family residential property (5 or more units) or commercial space, you’d need a commercial real estate loan. When you are looking to purchase a smaller residential property for investment, whether you hope to rent it out or flip it, a residential real estate investment loan can help you finance your plans.
Residential real estate loans can be used to purchase or refinance the following kinds of investment properties:
- Single family homes
- Condominiums
- Apartment buildings and multi-family homes with fewer than 5 units
- Residential land
Why get a Residential Real Estate Loan from Neighbors?
- Competitive interest rates,
- A range of loan amounts to suit a variety of needs,
- Fixed-rate and adjustable-rate options,
- Local expertise and personalized assistance
I'm Ready to Apply! Where Do I Start?
- Financial documents like tax returns, pay stubs, and bank statements.
- Property details, including the location, zoning, cost, taxes, construction or renovation plans, and your plan for how you’ll use the property.
- Personal identification: Driver's license, passport, or other government-issued ID.
When you’re ready to apply, there are several easy ways to get started:
- By phone: 314-892-5400
- By email: [email protected]
After you submit your application, we’ll review it, take the time to discuss terms and conditions, and request additional information if we need it.