If you are an investor who likes to make his/her own decisions and like to manage your own investments, please contact Rala Investments Ltd. to find out what mortgages we have available. You will be able to avoid the management fees charged by Mortgage Investment Corporations. Returns start at 6% per annum and are determined by the amount of risk in a deal. We will provide you with all the information you require to make a decision.
Investment Property Mortgages
To obtain a bank mortgage on an investment property, you are required to have at least a 20% down payment. Residential rates are available for 1-4 unit rental property. 35 year amortizations are available. Commercial mortgages are available to purchase or refinance all types of commercial buildings, multi-family units and apartment buildings. Commercial mortgage rates are slightly higher than residential rates. Commercial lenders have different criteria for each situation. Private mortgages, which often provide greater flexibility, are also available for investment properties. Bad credit mortgages are available for all property types.