As of November 18th, Luminate is offering 5% down payment options for owner occupied 2-4-unit homes. This is a significant opportunity for both new and seasoned investors trying to build their real estate portfolio and escape the rate race.
Key Advantages:
- Lower Down Payment: Just 5% for 2-4-unit, owner-occupied properties.
- Lower Fixed Rates: Making multi-unit homes more affordable.
- Expanded Loan Limits: Up to $1,396,800 for high-cost areas.
Why This Matters:
- A great start for first-time buyers.
- An opportunity for homeowners to diversify their investments.
- Use rental income to offset your mortgage and build wealth.
This is a major opportunity for those looking to acquire a multi-family home!
Ready to get started? We’re here to help!
Tim Erickson
P: (652) 451-2273
E: tim.erickson@goluminate.com
W: www.TimEricksonMortgage.com
Mark Henderson
P: (651) 398-3477
E: mark.henderson@goluminate.com
W: www.MarkHendersonMortgage.com